Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 c
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- Provide a detailed account of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include a comprehensive description of the key assumptions made in this context.
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Question Id: E4-1_03
We have not identified any material dependencies on biodiversity and ecosystems, although soil stability at our sites constitutes the most significant dependency. Regarding our transitional and physical risks, we have mapped out our exposure and have not found significant risks from biodiversity and ecosystems that are not already covered in our mitigation processes and biodiversity action plans. Additionally, we have not identified any systemic risks to our business model that are not addressed through our established practices or the implementation of measures to reach our biodiversity ambition.
Report Date: 4Q2024Relevance: 70%
- 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%