Orsted
ESRS disclosure: ESRS ESRS 2 \ DR BP-1
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- Provide information on whether the sustainability statement has been prepared on a consolidated or individual basis, as per Disclosure Requirement BP-1 – General basis for preparation of the sustainability statement.
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Question Id: BP-1_01
The sustainability statements have been prepared on a consolidated basis. The data is consolidated according to the same principles as the financial statements and thus comprises the parent company Ørsted A/S and subsidiaries controlled by Ørsted A/S.
Report Date: 4Q2024Relevance: 95%
- Confirm whether the scope of consolidation for the consolidated sustainability statement aligns with that of the financial statements. If not applicable, declare whether the reporting undertaking is exempt from preparing financial statements or is preparing consolidated sustainability reporting in accordance with Article 48i of Directive 2013/34/EU.
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Question Id: BP-1_02
The data is consolidated according to the same principles as the financial statements and thus comprises the parent company Ørsted A/S and subsidiaries controlled by Ørsted A/S.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed account of the extent to which the sustainability statement encompasses the undertaking's upstream and downstream value chain, as stipulated in Disclosure Requirement BP-1 concerning the general basis for preparation of the sustainability statement.
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Question Id: BP-1_04
The sustainability statements cover our upstream and downstream value chain as the related impacts, risks, and opportunities have been identified and assessed in our DMA. Selected policies, actions, and targets extend to our value chain, where relevant.
Report Date: 4Q2024Relevance: 80%
- Provide a comprehensive mapping of the information contained within your sustainability statement pertaining to the due diligence process, as mandated by Disclosure Requirement GOV–4.
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Question Id: GOV-4_01
The sustainability statement provides a mapping of the due diligence process as follows:
Embedding due diligence in governance, strategy, and business model: The Human Rights Task Force oversees the integration of due diligence across procurement, operations, and communities. This is detailed in the General section on pages 63-66.
Engaging with affected stakeholders in all key steps of due diligence: Continuous dialogue and collaboration with employees, value chain workers, local communities, and at-risk groups are maintained. This is detailed in the General section on pages 75-76 and the Social section on pages 129-131, 140-141, 149-150.
Identifying and assessing adverse impacts: The double materiality assessment (DMA) identifies material adverse impacts in the business and value chain. Systematic impact assessments, risk screenings, and code of conduct assessments are conducted in the value chain. This is detailed in the General section on pages 68-72 and the Social section on pages 125-126, 138-139, 141, 144, 146-148.
Taking actions to address adverse impacts: Specific actions are taken to address material impacts identified in the DMA. Collaboration with business partners to identify performance gaps, develop and implement corrective action plans, work on strengthening pre-contractual screenings, and engage in partnerships to enhance adherence to the code of conduct are part of this process. This is detailed in the Social section on pages 128-129, 142-143, 150-151.
Tracking the effectiveness of these efforts and communicating: Key metrics are annually reported, and efforts to enhance supply chain traceability are made. This is detailed in the Social section on pages 131-136, 142, 144.
Report Date: 4Q2024Relevance: 95%