Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 21
Tags Tree
- 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.
-
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%
- What actions are currently planned or underway to mitigate material risks arising from the impacts and dependencies on your own workforce, and how is the effectiveness of these actions being tracked in practice?
-
Question Id: S1-4_06
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: 60%