Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph AR10
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- Provide a detailed account of any significant changes to the policies adopted during the reporting year, particularly in relation to the undertaking's own workforce. This should include any new expectations for foreign subsidiaries, additional approaches to due diligence and remedy, and any policies or commitments aimed at preventing or mitigating risks and negative impacts on the workforce due to efforts in reducing carbon emissions and transitioning to greener operations. Additionally, outline any opportunities created for the workforce, such as job creation and upskilling, and include explicit commitments to a 'just transition.'
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Question Id: S1-1_02
In 2024, Ørsted navigated a rapidly evolving industry landscape, necessitating organisational 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. To address these challenges, we are focused on our internal communication and change management, strengthening our focus on good leadership and mental health and reaffirming our commitment to transparency and the well-being of our workforce. 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'.
Report Date: 4Q2024Relevance: 60%
- Provide the total number of employees by head count, including a detailed breakdown by gender and by country, specifically for countries where the undertaking employs 50 or more individuals, representing at least 10% of the total workforce. This information is required in accordance with Disclosure Requirement S1-6 regarding the characteristics of the undertaking's employees, as stipulated in paragraph 40(a)iii of ESRS 2 General Disclosures.
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Question Id: S1-6_06
The total number of employees by head count as of 31 December 2024 is 8,407. The breakdown by country and gender is as follows:
- Denmark: 3,984
- The UK: 1,272
- Malaysia: 792
- Poland: 763
- The US: 720
- Germany: 390
- Taiwan: 199
- The Netherlands: 105
- Ireland: 100
- Other: 62
Gender breakdown:
- Female: 2,854
- Male: 5,553
- Other: 1
- Not disclosed: 0
The countries with 50 or more employees are Denmark, the UK, Malaysia, Poland, the US, Germany, Taiwan, the Netherlands, and Ireland.
Report Date: 4Q2024Relevance: 85%