Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 21
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- Disclose whether and how your company's policies concerning its own workforce align with relevant internationally recognized instruments, including the UN Guiding Principles on Business and Human Rights.
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Question Id: S1-1_07
Our 'Global human rights policy' aligns with the UN Guiding Principles on Business & Human Rights (UNGPs), the OECD Guidelines for Multinational Enterprises, the International Bill of Human Rights, and the International Labour Organisation’s (ILO) Declaration on Fundamental Principles & Rights at Work.
Report Date: 4Q2024Relevance: 95%
- Provide any contextual information necessary to comprehend the remuneration metrics, including the pay gap and total remuneration, as required by Disclosure Requirement S1-16. Detail how the data has been compiled and any changes to the underlying data that should be considered.
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Question Id: S1-16_03
In 2024, the methodology on the gender pay gap calculations was changed to meet the requirements of the ESRS. The gender pay gap of 14% consists of individual gender pay gaps across countries where Ørsted operates. The differences in gender mix across career levels impact the pay gap. Salaries are reviewed annually, and increases come into effect on 1 June. Employees must have been employed for 12 months on that date to be included in the calculation.
Report Date: 4Q2024Relevance: 85%