Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 c
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- Provide an explanation of how your company's strategy interacts with its transition plan, specifically in the context of anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Include considerations of biodiversity and ecosystems in your strategy and business model as per Disclosure Requirement E4-1.
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Question Id: E4-1_10
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: 65%
- Has your company applied ecological thresholds and allocations of impacts when setting targets related to biodiversity and ecosystems? If so, provide detailed information on the ecological thresholds identified and the methodology employed to determine these thresholds.
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Question Id: E4-4_02
For offshore wind farms, a buffer zone of 25 km is applied, whereas the buffer zone is 10 km for onshore wind and solar farms. These buffers have been determined based on best practice rooted in science and to recognize relevant interactions with protected areas for nature conservation or key biodiversity areas.
Report Date: 4Q2024Relevance: 60%