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%
- Provide a detailed disclosure on the relationship between the established targets and the identified impacts, dependencies, risks, and opportunities concerning biodiversity and ecosystems within your own operations, as well as throughout your upstream and downstream value chain.
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Question Id: E4-4_06
The organization describes the nature-related dependencies, impacts, risks, and opportunities it has identified over the short, medium, and long term. It also describes the effect that nature-related dependencies, impacts, risks, and opportunities have had on the organization’s business model, value chain, strategy, and financial planning as well as any transition plans or analysis in place.
Report Date: 4Q2024Relevance: 65%