Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 22
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- Does the undertaking's policy concerning its own workforce explicitly address issues related to trafficking in human beings, forced labour or compulsory labour, and child labour?
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Question Id: S1-1_08
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: 95%
- Has your company implemented any measures to mitigate the negative impacts on your workforce resulting from the transition to a greener, climate-neutral economy? If so, please disclose these measures, including any training and reskilling initiatives, employment guarantees, or support provided in cases of downscaling or mass dismissal, such as job counselling, coaching, intra-company placements, and early retirement plans. Additionally, indicate how these measures align with prevailing regulations and any external developments that may influence potential risks associated with this transition.
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Question Id: S1-4_19
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: 30%