Orsted
ESRS disclosure: ESRS G1 \ DR G1-5 \ Paragraph 29 c
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- Provide the total monetary amount of internal and external lobbying expenses incurred by the undertaking, as required under Disclosure Requirement G1-5 concerning political influence and lobbying activities, in accordance with paragraph 31 of Disclosure Requirement G1-6 on payment practices.
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Question Id: G1-5_04
The data covers financial contributions made either directly or indirectly to beneficiaries that are related to our material impacts, risks, and opportunities, which primarily concern climate-related advocacy. External expenses are included. Internal expenses, such as salary for employees working within this area of expertise, are excluded.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the primary topics addressed in your lobbying activities and outline your organization's principal positions on these topics. Include explanations on how these align with the material impacts, risks, and opportunities identified in your materiality assessment as per ESRS 2.
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Question Id: G1-5_09
Our lobbying activities primarily concern regulation of the energy sector with a view to accelerating the deployment of renewable energy in a way that underpins urgent climate action, security of supply, competitiveness, and nature enhancement. Our main positions on these topics include support for climate policy agenda goals, namely limiting global heating to 1.5 ºC as per the Paris Agreement and supporting the expansion of renewables and the phase-out of fossil fuels.
Report Date: 4Q2024Relevance: 80%