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.

Question

Accepted Answer

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.

Orsted

ESRS disclosure: E5-3_05

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