Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20b
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- Provide a detailed description of your organization's human rights policy commitments that pertain to your own workforce. Include an explanation of the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Emphasize the material aspects and your general approach to engaging with individuals within your workforce.
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Question Id: S1-1_05
We see human rights as fundamental principles for protecting people’s dignity and ensuring freedom and respect both in our own operations, in the companies with whom we work, and in the communities where we operate. 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'. 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. The policy explicitly highlights our dedication to ensuring freedom of association, the right to collective bargaining, the elimination of forced, trafficked, or compulsory labour, the effective abolition of child labour, and the elimination of discrimination in employment and occupation, among other critical issues.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the methods employed by your organization to track and assess the effectiveness of actions and initiatives aimed at delivering outcomes for your own workforce, as per Disclosure Requirement S1-4 concerning material impacts, risks, and opportunities related to your workforce.
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Question Id: S1-4_04
With regards to gender diversity, we report to the Board of Directors on our metrics related to gender on a bi-annual basis. This includes the three levels we have under the gender balance target of at least 40% women across the Ørsted group and a variety of supporting metrics within equity, diversity, and inclusion. Our HR business partners and talent acquisition partners instruct and inform leaders on talent decisions within the context of our gender ambition.
Report Date: 4Q2024Relevance: 60%