Provide a detailed account of the roles and responsibilities of the administrative, management, and supervisory bodies, specifically focusing on the governance processes, controls, and procedures utilized to monitor, manage, and oversee impacts, risks, and opportunities. Include comprehensive information regarding the reporting lines to these bodies.

Question

Accepted Answer

Ørsted’s Board of Directors is the highest governing body for sustainability. The Board ultimately approves the strategic direction and targets, oversees our performance on material sustainability impacts, risk, opportunities (IROs), and approves the double materiality assessment (DMA) results annually.

Orsted

ESRS disclosure: GOV-1_12

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