Orsted EU Taxonomy disclosure

ESRS disclosure: ESRS S2 \ DR S2-5 \ Paragraph AR 45 c

Selected: 0

Provide a detailed account of the process your organization employs to establish targets aimed at managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specify whether and how your organization engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, disclose the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes, in accordance with Disclosure Requirement S2-5.
Question Id: S2-5_06
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 recognize 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.

Report Date: 4Q2024

#ESRS S2 #DR S2-5 #Paragraph AR 45 c

Relevance: 60%