Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 d
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- Provide a detailed account of how your organization contributes to addressing biodiversity and ecosystem impact drivers. Include potential mitigation actions aligned with the mitigation hierarchy, and specify any main path-dependencies and locked-in assets and resources, such as plants or raw materials, that are associated with changes in biodiversity and ecosystems. This information should be part of your transition plan and consideration of biodiversity and ecosystems within your strategy and business model, as required under Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-1_11
Our business model is to develop, construct, operate, and own renewable assets, and we are committed to doing this in an environmentally and socially sustainable way. However, we recognise that expanding our operations also implies a greater pressure on natural ecosystems. Therefore, protecting and restoring these ecosystems must be part of the solution, and we remain fully committed to effectively manage our impacts on biodiversity and ecosystems. Biodiversity management is an integral part of our business model and decision-making processes throughout the full life cycle of our projects. This ranges from early-stage site selection and planning, over project design, construction, operations, and eventually to decommissioning.
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%