Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 b
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- Provide a detailed description of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include the scope of the resilience analysis as it pertains to your own operations, as well as your upstream and downstream value chain, and specify the risks considered in this analysis.
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Question Id: E4-1_02
Through our double materiality assessment (DMA), we have identified material biodiversity-related impacts and an opportunity in our business, both in our own operations and in our value chain. Identifying and assessing these impacts help us to understand how we can continue to strengthen resilience across our operations, which we also assess using the methodology of the Taskforce on Nature-related Financial Disclosures (TNFD).
Report Date: 4Q2024Relevance: 65%
- 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, disclose whether and how consultations with affected communities were conducted during sustainability assessments of shared biological resources and ecosystems. Additionally, elucidate how these communities were involved in the materiality assessment, particularly when they are likely to be impacted.
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Question Id: E4.IRO-1_07
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%