Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20c
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- Provide a detailed description of your company's human rights policy commitments relevant 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. Focus specifically on material matters and outline your general approach to implementing measures that provide and/or enable remedy for human rights impacts.
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Question Id: S1-1_06
We firmly believe that these principles are integral to fostering a just transition to renewable energy. Therefore, it is our priority to ensure that adequate management systems are in place to identify, prevent, mitigate, and remedy any potential adverse human rights impacts. In cases where we identify potential adverse human rights impacts, we are committed to promptly and effectively providing and enabling remedies. Our grievance and remediation approach includes addressing any adverse human rights impacts on individuals, workers, and communities that we have caused or contributed to.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed description of the internal functions involved in managing impacts related to severe human rights incidents, such as forced labor, human trafficking, or child labor. Additionally, specify the types of actions these internal functions undertake to address negative impacts and promote positive impacts. This disclosure should align with the management of material impacts on your own workforce, including the approaches to managing material risks and pursuing material opportunities, as well as the effectiveness of these actions.
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Question Id: S1-4_20
Our Audit & Risk Committee receives quarterly overviews of all inappropriate and illegal misconduct cases across jurisdictions that have either been managed or are in process locally. This reporting includes incidents of discrimination, including harassment, which in 2024 totaled 5 substantiated cases. A dedicated team in People & Culture is responsible for sending Internal Audit an anonymous global overview. A dedicated system is used to confidentially report on these cases, ensuring country-by-country access protection and only to authorised employees. For GDPR compliance, all data on employee cases are anonymous. In 2024, we had zero severe human rights incidents connected to our employees.
Report Date: 4Q2024Relevance: 50%