Orsted
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17a
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- Provide a detailed description of your company's human rights policy commitments concerning value chain workers. Include 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, or the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline your general approach to respecting the human rights and labor rights of these workers.
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Question Id: S2-1_02
We align our policies with relevant internationally recognised guidelines and standards. Our 'Global human rights policy' aligns with the UN Guiding Principles on Business and 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 and Rights at Work. Our 'Just transition policy' is aligned with the UN Global Compact (UNGC) and the ILO Declaration on Fundamental Principles and Rights at Work. Our code of conduct for business partners adheres to several standards and conventions, including the OECD Due Diligence Guidance, the Maritime Labour Convention, IFC Performance Standards and the previously mentioned guidelines.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of whether and how the perspectives of value chain workers are integrated into your decision-making processes or activities concerning the management of actual and potential impacts on these workers. Include, where applicable, a description of any Global Framework Agreements or other agreements with global union federations that pertain to the respect of human rights of workers within the value chain. Additionally, explain how such agreements facilitate the undertaking's understanding of the workers' perspectives, particularly in relation to their right to bargain collectively.
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Question Id: S2-2_05
While we do not currently have global framework agreements with global union federations, we prioritise collective worker representation wherever possible to promote open communication and advocate for fair conditions across our value chain.
Report Date: 4Q2024Relevance: 60%