Orsted
Electric Utilities
Denmark
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 the undertaking identified material impacts concerning the state of species, and if so, can it report metrics deemed relevant? Specifically, can the undertaking disclose metrics on species at extinction risk that measure changes in the relevant habitat for a threatened species, serving as a proxy for the undertaking's impact on the local population's extinction risk?
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Question Id: E4-5_23
The undertaking has identified material impacts related to the displacement or loss of species due to temporary disturbances to habitats during construction. However, specific metrics on species at extinction risk are not provided.
Report Date: 4Q2024Relevance: 60%