Orsted
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17 c
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- Provide a detailed description of your organization's human rights policy commitments concerning value chain workers. 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, or the OECD Guidelines for Multinational Enterprises. Focus specifically on the material aspects and the general approach to implementing measures that provide and/or enable remedies for human rights impacts.
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Question Id: S2-1_04
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%
- Has the undertaking reported any severe human rights issues and incidents connected to its upstream and downstream value chain? If applicable, disclose the details of these incidents.
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Question Id: S2-4_11
Policy monitoring is generally conducted through external risk ratings, controversy reports, and adherence to the minimum safeguards of the EU taxonomy for sustainable activities, which are also subject to limited assurance by our external auditors. We are currently not able to fully assess our full value chain for instances of non-respect for these principles, besides the indications from our external risk ratings and controversy reports, which have not identified any material incidents. We aim to maintain transparency by documenting any reported cases that come to our attention related to human rights impacts involving workers in the value chain, whether in our operations or within our upstream and downstream value chain.
Report Date: 4Q2024Relevance: 60%