Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 f
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- Provide a detailed account of how your organization's strategy and business model demonstrate resilience concerning biodiversity and ecosystems. Include in your response the extent of stakeholder involvement, particularly highlighting the participation of indigenous and local knowledge holders where applicable.
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Question Id: E4-1_06
Interests of key stakeholders: Similar to the development of our biodiversity projects, we have also included key stakeholder concerns and interests into the scope of our biodiversity policy. For example, local communities, NGOs, and academia are included in the stakeholder engagement steps during the various phases of an asset’s life cycle.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of the processes your company employs to identify and assess material biodiversity and ecosystem-related impacts, risks, dependencies, and opportunities. Include in your response whether and how consultations with affected communities were conducted regarding sustainability assessments of shared biological resources and ecosystems. Specifically, address how your operations impact ecosystem services relevant to these communities. If negative impacts are unavoidable, outline your plans to minimize these impacts and detail the mitigation measures implemented to maintain the value and functionality of priority services.
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Question Id: E4.IRO-1_09
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%