Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 a
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- Provide a detailed explanation of how your company's strategy and business model will be adjusted to enhance and ultimately achieve alignment with pertinent local, national, and global public policy goals and targets concerning biodiversity and ecosystems. This should include alignment with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, Directive 2009/147/EC, Council Directive 92/43/EEC (the EU Birds and Habitats Directives), and relevant planetary boundaries related to biosphere integrity and land-system change.
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Question Id: E4-1_08
Transitioning away from fossil fuels to renewable energy is fundamental to solving the biodiversity crisis, as climate change is a main driver of biodiversity loss. The space required for the renewable energy transition is significant, and, with a nature in crisis, it is vital that we make sure our energy projects benefit nature. In 2024, we continued taking action to deliver on our ambition to achieve a net-positive biodiversity impact from all new renewable energy projects from 2030.
Report Date: 4Q2024Relevance: 50%
- Provide an explanation of how significant capital expenditures (CapEx) and operational expenditures (OpEx) required to implement actions related to biodiversity and ecosystems are associated with relevant line items or notes in the financial statements, as per Disclosure Requirement E4-6 concerning anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-3_05
During our DMA, we concluded that we have material impacts on biodiversity, which happen during the construction phase of our projects. Therefore, the data presented in this table represents material sites with construction activities in 2024 where overlaps are present. The biodiversity data covers offshore and onshore wind farms and solar farms as well as their cable routes within the buffer zones.
Report Date: 4Q2024Relevance: 45%