Orsted
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 a
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- Provide a detailed description of whether and how your company's policies address the waste hierarchy, specifically focusing on prevention, preparing for re-use, recycling, other recovery such as energy recovery, and disposal. Ensure that waste treatment is not categorized as a recovery method.
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Question Id: E5-1_03
To address our negative impact of materials wasted, we have a ‘Waste management policy’, covering all our activities and locations. The policy outlines our waste management processes and provides detailed definitions of key aspects of waste management assurance. Our QHSE department is responsible for its ongoing implementation. As the policy is the steering document for our internal way of working with waste and thus contains detailed guidance on waste handling and data reporting for our global waste operations, the policy is only accessible internally.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of materials sourced from by-products or waste streams, as required under Disclosure Requirement E5-4, in the context of anticipated financial effects from material resource use and circular economy-related risks and opportunities, as outlined in Disclosure Requirement E5-6.
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Question Id: E5-4_07
Steel produced via electric arc furnaces (EAFs), which use scrap steel as feedstock, significantly lowers the need for virgin iron ore compared to traditional blast furnace-basic oxygen furnace (BF-BOF) methods that rely heavily on it. Even though recycled content is widely used in steel production, low-emissions steel still has a limited market availability. Closing this gap is key to cutting emissions, reducing reliance on virgin materials, and advancing a more circular steel industry. Thus, our focus is on sourcing lower-emissions steel, as it represents the most impactful opportunity to drive meaningful progress in reducing the environmental footprint of steel production.
Report Date: 4Q2024Relevance: 65%