Orsted
ESRS disclosure: ESRS S2 \ DR S2-4 \ Paragraph 33 a
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- Provide a detailed description of the processes employed to identify necessary and appropriate actions in response to actual or potential material negative impacts on value chain workers. Include approaches to managing material risks, pursuing material opportunities, and evaluating the effectiveness of these actions.
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Question Id: S2-4_05
Our approach to managing our negative impacts on value chain workers and our processes for identifying what is needed and appropriate to respond to these impacts emphasise responsible sourcing, the promotion of labour rights, and address environmental and social impacts and risks. To achieve this, we conduct regular assessments, risk-based audits, and stakeholder engagements, enabling us to monitor and ensure compliance across the supply chain. Our approach to addressing concerns and grievances within our value chain is built on the principles of transparency, trust, and effective remediation that is proportionate to the grievance that has occurred. We continuously work to strengthen our processes for providing or contributing to appropriate remediation to value chain workers who have been harmed, where we have identified that we have caused or contributed to a negative impact.
Report Date: 4Q2024Relevance: 85%