Orsted
Electric Utilities
Denmark
ESRS disclosure: S1-16_03
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- 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%