Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 b
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- Provide a detailed description of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include the scope of the resilience analysis as it pertains to your own operations, as well as your upstream and downstream value chain, and specify the risks considered in this analysis.
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Question Id: E4-1_02
Through our double materiality assessment (DMA), we have identified material biodiversity-related impacts and an opportunity in our business, both in our own operations and in our value chain. Identifying and assessing these impacts help us to understand how we can continue to strengthen resilience across our operations, which we also assess using the methodology of the Taskforce on Nature-related Financial Disclosures (TNFD).
Report Date: 4Q2024Relevance: 65%
- Provide detailed information regarding the anticipated financial effects stemming from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Additionally, describe the actions and resources related to biodiversity and ecosystems, in accordance with Disclosure Requirement E4-3. Specifically, elucidate how your organization contributes to systemwide change, particularly in altering the drivers of biodiversity and ecosystem change. This may include technological, economic, institutional, and social factors, as well as changes in underlying values and behaviors. Include any relevant information about the project, its sponsors, and other participants involved.
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Question Id: E4-3_16
Building on the momentum of the launch of our framework, we have worked with the World Economic Forum (WEF) to launch the Responsible Renewables Infrastructure initiative (RRI). This initiative aims to bring together the renewable energy industry to build a collective approach for assessing the industry’s impacts on biodiversity and local communities.
Report Date: 4Q2024Relevance: 60%