Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph AR10
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- Provide a detailed account of any significant changes to the policies adopted during the reporting year, particularly in relation to the undertaking's own workforce. This should include any new expectations for foreign subsidiaries, additional approaches to due diligence and remedy, and any policies or commitments aimed at preventing or mitigating risks and negative impacts on the workforce due to efforts in reducing carbon emissions and transitioning to greener operations. Additionally, outline any opportunities created for the workforce, such as job creation and upskilling, and include explicit commitments to a 'just transition.'
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Question Id: S1-1_02
In 2024, Ørsted navigated a rapidly evolving industry landscape, necessitating organisational adjustments, including redundancies, to maintain our competitive edge. While both satisfaction and motivation levels as well as voluntary turnover remain healthy compared to industry benchmarks, the changes have had a noticeable impact on employee satisfaction and motivation and our voluntary turnover trend. This poses a short-term risk of increased voluntary turnover and lower morale, satisfaction, and heightened stress. To address these challenges, we are focused on our internal communication and change management, strengthening our focus on good leadership and mental health and reaffirming our commitment to transparency and the well-being of our workforce. Our commitment to upholding human rights is outlined in our 'Sustainability commitment', 'Global human rights policy', 'Global labour and employment rights policy', 'Stakeholder engagement policy', and 'Just transition policy'.
Report Date: 4Q2024Relevance: 60%
- Provide details on whether and how your organization's policies are implemented through specific procedures to prevent, mitigate, and address discrimination once detected, as well as to promote diversity and inclusion within your workforce.
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Question Id: S1-1_13
We have a 'Global bullying, harassment, and discrimination policy', supplemented by country-specific guidelines, which often include mandatory training. Furthermore, to support its implementation, we have both a global employee guide and a global people leader guide on how to create an inclusive culture, which outline proactive measures to prevent bullying, discrimination, and harassment. The policy covers a potential situation where an employee feels subject to bullying, discrimination, or harassment from another employee. This policy also covers experiences that an employee has with an external consultant working under Ørsted supervision. The policy describes acts of bullying, discrimination, and harassment in the workplace and incorporates awareness by integrating and monitoring the gender balance of major talent processes, such as promotions, new hires, and redundancies.
Report Date: 4Q2024Relevance: 85%