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%
- Has the undertaking utilized biodiversity and ecosystems scenario analysis to inform the identification and assessment of material risks and opportunities across short-, medium-, and long-term time horizons? If so, provide details on whether these scenarios are informed by expectations published by authoritative intergovernmental bodies, such as the Convention for Biological Diversity, and where relevant, by scientific consensus, such as that expressed by the Intergovernmental Science-policy Platform on Biodiversity and Ecosystem Services (IPBES).
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Question Id: E4.IRO-1_13
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: 50%