Orsted
Electric Utilities
Denmark
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 b
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- Provide a detailed account of your company's operations and elucidate the measures being undertaken to address material impacts within your upstream and downstream value chain, as identified in your materiality assessment, in accordance with ESRS 2 IRO-1. This should be included as part of your disclosure on anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and should align with your transition plan and consideration of biodiversity and ecosystems in your strategy and business model.
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Question Id: E4-1_09
Material IRO description:
- Natural resources exploitation and land-use and freshwater-use change from mining. Negative impact (upstream value chain).
- Ecotoxicity from mining. Negative impact (upstream value chain).
- Land-use and sea-use change from coal and gas extraction. Negative impact (upstream value chain).
How do we manage the IRO?
- We have completed a mapping to help us understand potential negative impacts on biodiversity that we may have in our value chain. We continue to explore ways to identify and mitigate impacts across our value chain, including our first attempt at mapping impacts from high impact commodities (HICs) in our upstream value chain.
- We have completed a mapping to help us understand potential negative impacts on biodiversity that we may have in our value chain. We continue to explore ways to identify and mitigate impacts across our value chain, including our first attempt at mapping impacts from high impact commodities (HICs) in our upstream value chain.
- We are working towards managing our biodiversity-related negative impacts in our value chain. In 2024, we closed our last coal-fired CHP plant, eliminating the impact from coal from 2025.
Report Date: 4Q2024Relevance: 65%
- Does your company have sites located in or near biodiversity-sensitive areas, and do activities related to these sites negatively impact these areas by causing deterioration of natural habitats, habitats of species, or disturbance to species for which a protected area has been designated?
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Question Id: E4.IRO-1_15
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: 85%