Orsted
ESRS disclosure: ESRS ESRS 2 \ DR BP-2
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- Has the undertaking incorporated information from other legislation or generally accepted sustainability reporting standards and frameworks into its sustainability statement? If so, disclose this fact. Additionally, if there is a partial application of such standards or frameworks, provide a precise reference to the specific paragraphs applied.
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Question Id: BP-2_16
The tables to the right and on the following pages list all of the ESRS disclosure requirements in ESRS 2 and the seven topical ESRS standards which are material to Ørsted, and which have guided the preparation of our sustainability statements. They can be used to navigate to information relating to a specific ESRS disclosure requirement (e.g. BP-1) or to our ‘entity specific data points’. They also show where to find information relating to specific disclosure requirements that lie outside of the sustainability statements and is ‘incorporated by reference’.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking's sustainability statement include information derived from other legislation or generally accepted sustainability reporting standards and frameworks, in addition to the information prescribed by ESRS? If so, disclose this fact and, in instances of partial application, provide a precise reference to the specific paragraphs of the standard or framework applied.
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Question Id: BP-2_17
The tables to the right and on the following pages list all of the ESRS disclosure requirements in ESRS 2 and the seven topical ESRS standards which are material to Ørsted, and which have guided the preparation of our sustainability statements. They can be used to navigate to information relating to a specific ESRS disclosure requirement (e.g. BP-1) or to our ‘entity specific data points’. They also show where to find information relating to specific disclosure requirements that lie outside of the sustainability statements and is ‘incorporated by reference’.
Report Date: 4Q2024Relevance: 50%
- Provide a comprehensive list of the disclosure requirements or specific datapoints mandated by a Disclosure Requirement that have been incorporated by reference, as outlined in ESRS 1 section 9.1 on Incorporation by Reference.
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Question Id: BP-2_20
The tables to the right and on the following pages list all of the ESRS disclosure requirements in ESRS 2 and the seven topical ESRS standards which are material to Ørsted, and which have guided the preparation of our sustainability statements. They can be used to navigate to information relating to a specific ESRS disclosure requirement (e.g. BP-1) or to our ‘entity specific data points’. They also show where to find information relating to specific disclosure requirements that lie outside of the sustainability statements and is ‘incorporated by reference’.
Report Date: 4Q2024Relevance: 60%
- Has your company, with an average of 750 or fewer employees during the financial year, opted to omit information required by ESRS E4, ESRS S1, ESRS S2, ESRS S3, or ESRS S4 under the phase-in provisions of Appendix C of ESRS 1? If so, confirm whether the sustainability topics covered by these standards have been assessed as material in your materiality assessment. For each topic deemed material, provide a list of matters (topic, sub-topic, or sub-sub-topic) identified as material in AR 16 of ESRS 1 Appendix A, and briefly explain how your business model and strategy address the impacts related to these matters.
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Question Id: BP-2_22
We have omitted all the disclosure requirements in the topical standards ESRS ‘E2 Pollution’, ESRS ‘E3 Water and marine resources’, and ESRS ‘S4 Consumers and end-users’, as these topics were deemed immaterial in our DMA. For ESRS E2 and ESRS E3, we identified and assessed impacts, risks, and opportunities following the same methodology and process steps as for the topics deemed material. This was informed by environmental impact assessments, risk registers, reported data, and other documentation, such as asset-specific conditions for management of pollution and water imposed by local authorities, which is particularly relevant for our CHP plants. However, none of the identified IROs were assessed as material for these two topics due to the high minimum environmental requirements imposed by authorities in the countries where we operate our assets.
Report Date: 4Q2024Relevance: 50%
- Has your organization, with an average of 750 or fewer employees during the financial year, opted to utilize the phase-in provisions as outlined in Appendix C of ESRS 1, thereby omitting information required by ESRS E4, ESRS S1, ESRS S2, ESRS S3, or ESRS S4? If so, confirm whether the sustainability topics covered by these standards have been deemed material following your materiality assessment. For each topic identified as material, provide a detailed list of matters, including topics, sub-topics, or sub-sub-topics, as specified in AR 16 ESRS 1 Appendix A, and succinctly describe how your business model and strategy incorporate the impacts related to these matters.
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Question Id: BP-2_23
We have omitted all the disclosure requirements in the topical standards ESRS ‘E2 Pollution’, ESRS ‘E3 Water and marine resources’, and ESRS ‘S4 Consumers and end-users’, as these topics were deemed immaterial in our DMA. For ESRS E2 and ESRS E3, we identified and assessed impacts, risks, and opportunities following the same methodology and process steps as for the topics deemed material. This was informed by environmental impact assessments, risk registers, reported data, and other documentation, such as asset-specific conditions for management of pollution and water imposed by local authorities, which is particularly relevant for our CHP plants. However, none of the identified IROs were assessed as material for these two topics due to the high minimum environmental requirements imposed by authorities in the countries where we operate our assets.
Report Date: 4Q2024Relevance: 50%
- Has your company, with an average of fewer than 750 employees during the financial year, opted to omit information as per Appendix C of ESRS 1 regarding ESRS E4, ESRS S1, ESRS S2, ESRS S3, or ESRS S4? If so, confirm whether these sustainability topics have been deemed material following your materiality assessment. For each topic identified as material, provide a concise description of any time-bound targets established, the progress made towards these targets, and specify if the targets related to biodiversity and ecosystems are grounded in conclusive scientific evidence.
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Question Id: BP-2_24
The structure of the ESRS topics in our report includes sections on value chain illustration, further details of our IROs, transition plan, policies and approaches, actions, targets, and metrics. Specific targets related to biodiversity and ecosystems are mentioned under E4-4 and E4-5, which include targets related to biodiversity and ecosystems and impact metrics related to biodiversity and ecosystems change.
Report Date: 4Q2024Relevance: 50%
- Has your organization utilized the phase-in provisions as outlined in Appendix C of ESRS 1, specifically regarding the omission of information required by ESRS E4, ESRS S1, ESRS S2, ESRS S3, or ESRS S4, due to not exceeding an average of 750 employees on the balance sheet date during the financial year? If so, confirm whether the sustainability topics covered by these standards have been assessed as material through your materiality assessment. For each topic deemed material, provide a concise description of the policies your organization has implemented in relation to these matters.
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Question Id: BP-2_25
The structure of the ESRS topics in our report includes sections on policies and approaches, which cover relevant policies per topic and approaches to stakeholder engagement for S1, S2, and S3. Specific policies related to biodiversity and ecosystems are mentioned under E4-2, which includes policies related to biodiversity and ecosystems.
Report Date: 4Q2024Relevance: 50%
- Has your company, which employs fewer than 750 individuals on average during the financial year, opted to omit information as permitted by the phase-in provisions of Appendix C of ESRS 1? If so, have you conducted a materiality assessment to determine whether the sustainability topics outlined in ESRS E4, ESRS S1, ESRS S2, ESRS S3, and ESRS S4 are material to your operations? For each topic deemed material, provide a concise description of the actions undertaken to identify, monitor, prevent, mitigate, remediate, or terminate actual or potential adverse impacts associated with these sustainability matters, along with the outcomes of such actions.
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Question Id: BP-2_26
The structure of the ESRS topics in our report includes sections on actions, which detail actions taken in the reporting year and planned for the future to address our IROs. Specific actions related to biodiversity and ecosystems are mentioned under E4-3, which includes actions and resources related to biodiversity and ecosystems.
Report Date: 4Q2024Relevance: 50%
- Has your undertaking or group, which does not exceed an average of 750 employees on its balance sheet date during the financial year, opted to omit information as permitted by the phase-in provisions outlined in Appendix C of ESRS 1? If so, confirm whether the sustainability topics covered by ESRS E4, ESRS S1, ESRS S2, ESRS S3, and ESRS S4 have been assessed as material through your materiality assessment. Furthermore, for each topic deemed material, provide the relevant metrics associated with these sustainability matters.
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Question Id: BP-2_27
The structure of the ESRS topics in our report includes sections on metrics, which provide performance data primarily disclosed in data tables, including accounting policies. Specific metrics related to biodiversity and ecosystems are mentioned under E4-5, which includes impact metrics related to biodiversity and ecosystems change.
Report Date: 4Q2024Relevance: 50%
- 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%