Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 23
Tags Tree
- Does the undertaking have a workplace accident prevention policy or management system in place?
-
Question Id: S1-1_09
At Ørsted, we prioritise and protect the physical, social, and psychological safety of everyone in the workplace. Through our robust health and safety management system, which is fundamental to our operations and to secure a safe system of work, we foster a culture that promotes our employees’ health and safety. All (100 %) of our employees are covered by our health and safety management system. We have established a 'Global policy for quality, health, safety, and environment (QHSE)', setting the standards for how we protect and ensure the well-being of our employees and the sustainability of our operations. The policy covers all our employees and facilities, with accountability resting with our Head of QHSE. We aim to incorporate equality, health, safety, and environment in all our decisions and actions, and we have implemented workplace accident prevention procedures to ensure the safety and well-being of our employees.
Report Date: 4Q2024Relevance: 95%
- Provide a detailed account of the actions taken, planned, or currently underway to prevent or mitigate any material negative impacts on your own workforce. Include approaches to managing material risks and pursuing material opportunities related to your workforce, as well as an assessment of the effectiveness of these actions.
-
Question Id: S1-4_01
At Ørsted, employees are part of a safe working environment where impacts are identified and managed, including impacts related to physical injuries and well-being of employees. Due to the nature of our industry, we recognize the impact to employees of potential injuries and fatalities, primarily during the construction and operation phases of our assets. Furthermore, we recognize the present impact of work-related stress and anxiety experienced among employees on a global level. Ensuring transparent and fair working conditions are rooted in our employee value proposition, where fair and competitive rewards and employment terms as well as a flexible working culture, are foundational factors. Our flexible working culture is creating additionality within many of the markets where we operate, and particularly in our US and APAC regions, as our global policies go beyond the norm. In 2024, Ørsted navigated a rapidly evolving industry landscape, necessitating organizational 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.
Report Date: 4Q2024Relevance: 80%