Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 a
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- Provide a detailed explanation of how your company's strategy and business model will be adjusted to enhance and ultimately achieve alignment with pertinent local, national, and global public policy goals and targets concerning biodiversity and ecosystems. This should include alignment with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, Directive 2009/147/EC, Council Directive 92/43/EEC (the EU Birds and Habitats Directives), and relevant planetary boundaries related to biosphere integrity and land-system change.
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Question Id: E4-1_08
Transitioning away from fossil fuels to renewable energy is fundamental to solving the biodiversity crisis, as climate change is a main driver of biodiversity loss. The space required for the renewable energy transition is significant, and, with a nature in crisis, it is vital that we make sure our energy projects benefit nature. In 2024, we continued taking action to deliver on our ambition to achieve a net-positive biodiversity impact from all new renewable energy projects from 2030.
Report Date: 4Q2024Relevance: 50%
- Does the undertaking have sites located in or near biodiversity-sensitive areas? Additionally, do activities related to these sites contribute to the deterioration of natural habitats, the habitats of species, or disturb species within designated protected areas?
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Question Id: E4.IRO-1_14
In addition to the operational sites, we had 12 assets under construction in 2024, which were identified as material sites that temporarily have activities negatively affecting biodiversity-sensitive areas.
Report Date: 4Q2024Relevance: 60%