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%
- Provide a detailed account of the process by which your organization establishes targets related to managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, disclose whether and how your organization has engaged directly with workers within the value chain, their legitimate representatives, or credible proxies who possess insight into their circumstances. Additionally, describe the role these value chain workers, representatives, or proxies play in decision-making concerning the design and implementation of initiatives or processes aimed at addressing their needs, and evaluate the progress and effectiveness of such initiatives or processes.
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Question Id: S2-4_15
Currently, we have not set time-bound and outcome-oriented targets that meet the criteria for effectively reducing negative impacts, advancing positive impacts, or managing material risks and opportunities related to value chain workers. However, we recognise the importance of establishing robust targets to drive meaningful progress in these areas. We are working to establish a clear process that will involve engaging directly with value chain workers, their representatives, or credible proxies. In the meantime, we are focused on gathering data and assessing current practices to ensure that future targets are effective and aligned with stakeholder needs. We are not yet fully able to monitor how effectively our policies and actions address our material sustainability-related impacts and risks for workers in the value chain.
Report Date: 4Q2024Relevance: 50%