Orsted
ESRS disclosure: E4.IRO-1_01
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- Provide a detailed account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, elucidate whether and how your organization has identified and assessed both actual and potential impacts on biodiversity and ecosystems at your own site locations, as well as within the upstream and downstream segments of your value chain. Include the assessment criteria applied in this evaluation.
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Question Id: E4.IRO-1_01
During the project development phase of all our offshore and onshore assets where we are responsible for development, we conduct early risk screenings and develop environmental impact assessments (EIAs) or equivalent plans to assess the potential impacts on biodiversity and ecosystems at the locations of potential new assets. This is then followed by the legally required impact assessment processes, providing data on the biodiversity and ecosystems present at the site location. Based on these findings, we can develop action plans to mitigate our impacts and outline restoration measures. Insights from the early risk screenings inform the biodiversity and ecosystem-related impacts, risks, dependencies, and opportunities identified and assessed in the DMA for sites in our own operations. This process highlights the importance of early assessments at the beginning of each of our projects to avoid and mitigate potential impacts on biodiversity and ecosystems.
Report Date: 4Q2024Relevance: 85%