Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 d
Tags Tree
- 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 account of the processes your company employs to identify and evaluate material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, disclose whether and how your company has engaged in consultations with affected communities regarding sustainability assessments of shared biological resources and ecosystems. Include information on instances where a site, raw material production, or sourcing is likely to adversely affect biodiversity and ecosystems, and identify the specific sites, raw materials production, or sourcing activities that have negative or potentially negative impacts on these communities.
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Question Id: E4.IRO-1_06
For several of our biodiversity pilot projects, we engage with local communities in our biodiversity- and ecosystems-related actions. This was for example the case with our Humber Estuary restoration project in the UK, which we completed in collaboration with the Yorkshire Wildlife Trust and Lincolnshire Wildlife Trust.
Report Date: 4Q2024Relevance: 60%