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.

Question

Accepted Answer

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.

Orsted

ESRS disclosure: E4-3_16

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