Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- Provide a detailed account of your organization's human rights policy commitments as they pertain to your own workforce. This should include an explanation of the processes and mechanisms in place to ensure adherence to 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 aspects that are materially significant and outline your general approach to these commitments.
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Question Id: S1-1_03
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 detailed information on the stability of your targets over time, specifically in terms of definitions and methodologies, to ensure comparability. This request pertains to the disclosure of identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as outlined in Disclosure Requirement S1-17. Additionally, address how these targets relate to managing material impacts, advancing positive impacts, and addressing risks and opportunities, as specified in Disclosure Requirement S1-5.
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Question Id: S1-5_05
Ørsted uses the total recordable injury rate (TRIR) as a metric to monitor safety performance. TRIR targets are proposed by different business areas, validated by the QHSE department, and then discussed and approved by the Group Executive Team. Senior management is involved in monitoring safety performance and establishing future targets. The Group Executive Team has decided our ambition for employee satisfaction and motivation, which supports one of our four strategic pillars of being the leading talent platform in renewable energy. Employee satisfaction and motivation should be in the top tier (top 25%).
Report Date: 4Q2024Relevance: 30%