Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 15
Tags Tree
- Provide the transition plan detailing how the business model and strategy will be aligned with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, and the planetary boundaries concerning biosphere integrity and land-system change.
-
Question Id: E4-1_07
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%
- Provide a comprehensive list of material sites within your own operations, detailing their significance in relation to material impacts, risks, and opportunities, and how these elements interact with your strategy and business model.
-
Question Id: E4.SBM-3_01
We have completed an assessment of all our operational assets in collaboration with The Biodiversity Consultancy, using their Biodiversity Risk Screening Kit (BRISK). This assessment focused on biodiversity- and ecosystem-related impacts, risks, dependencies, and opportunities at an asset level, helping us to better understand which sites are material in this respect. It takes a variety of factors into account that indicate impacts on biodiversity on a scale ranging from low over medium to high. These factors include species, designated areas (including protected areas and key biodiversity areas (KBAs)), ecoregion intactness, water pollution, and marine habitats, amongst others. The assessment highlights a list of matters, indicating that there are potential negative impacts on biodiversity if nothing is done to avoid or mitigate these. From that output, we have found that the majority of the identified risks have already been identified through our EIA or equivalent processes as well as mitigated as a part of our biodiversity action plans. Therefore, we are taking all necessary steps to limit risks and negative impacts on biodiversity and ecosystems at all our site locations. When we identify overlaps with e.g. an IUCN Red-listed species, an action plan is developed to ensure that we do no significant harm to this species, nor any threatened species, both during construction and the operational phase.
Report Date: 4Q2024Relevance: 60%