Orsted
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20
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- 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 a detailed description of the methodologies and assumptions employed in compiling employee data, specifying whether the numbers are reported at the end of the reporting period, as an average across the reporting period, or using an alternative methodology, in accordance with Disclosure Requirement S1-6 concerning the characteristics of the undertaking’s employees.
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Question Id: S1-6_15
Employee data is recognized based on records from the Group's ordinary registration systems and is determined as the number of employees at the end of the reporting period. Employees who have been made redundant are recognized until the expiry of their notice period, regardless of whether they have been released from all or some of their duties during their notice period. The number of FTEs is determined as the number of employees converted to full-time equivalents. Following the implementation of the ESRS, the company is reporting the number of employees as a head count.
Report Date: 4Q2024Relevance: 85%