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 account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, if scenario analysis has been utilized, disclose the methodology by which these scenarios are updated in response to evolving conditions and emerging trends over short-, medium-, and long-term time horizons.
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Question Id: E4.IRO-1_12
We have also completed the first two of the five steps of SBTN’s methodology to better understand how to prioritise our efforts in managing our impacts on nature, including biodiversity. The steps are based on locating impacts on nature, including biodiversity, across our upstream value chain and on locating direct impacts.
Report Date: 4Q2024Relevance: 60%