Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20c
Tags Tree
- 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.
-
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 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.
-
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%