Orsted
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15b
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- Indicate whether and how your policies address sustainable sourcing and the use of renewable resources, as required under Disclosure Requirement E5-1 concerning policies related to resource use and the circular economy.
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Question Id: E5-1_02
To govern the identified risk and negative value chain impact from using virgin materials, we have adopted a ‘Resource management policy’, covering all of our activities and locations. The policy’s objective is to ensure that we minimise the use and depletion of virgin resources by developing circular value chains together with our suppliers, where feasible, and guide our efforts on sustainable sourcing. It further addresses our adherence to the waste hierarchy, prioritising waste avoidance by reducing and reusing before recycling.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of how your company's targets are aligned with the reversal of depletion of renewable resource stocks, as stipulated in Disclosure Requirement E5-3 concerning resource use and circular economy. Include specifics on how these targets address resource inflows and outflows, encompassing waste, products, and materials, with a particular focus on sustainable sourcing and utilization in accordance with the cascading principle.
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Question Id: E5-3_05
We are committed to continuously improving our practices to mitigate any potential negative impacts related to our use of biomass. All biomass sourced for our CHP plants must comply with our internal 'Sustainable forest biomass policy'. This policy mandates sourcing of certified biomass under internationally recognised schemes, such as SBP, FSC, or PEFC, ensuring the origination from well-managed production forests with an ongoing reforestation effort and adherence to sustainability standards through independent audits.
Report Date: 4Q2024Relevance: 65%