Orsted
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 12
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- Provide a detailed explanation of any significant changes to the policies adopted during the reporting year, specifically in relation to Disclosure Requirement S2-5. This should include the process for setting targets concerning the management of material negative impacts, the advancement of positive impacts, and the management of material risks and opportunities. Additionally, clarify whether and how the undertaking engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation, as outlined in Disclosure Requirement S2-1. Include any new expectations for suppliers or new approaches to due diligence and remedy.
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Question Id: S2-1_10
To ensure our decisions and activities are informed by the perspectives of value chain workers, we engage proactively with them and their representatives, including trade unions. The outcome of this engagement directly informs our strategies for identifying, assessing, and addressing actual and potential impacts on workers. Through this collaborative process, we work to uphold fair labour practices and to foster safe, dignified, and inclusive work environments across our operations and partnerships.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking include all value chain workers who are likely to be materially impacted by its operations, products, services, or business relationships within the scope of its disclosure under ESRS 2 SBM-3? Additionally, identify any geographies or commodities at the country or other levels where there is a significant risk of child labour, forced labour, or compulsory labour among workers in the undertaking's value chain.
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Question Id: S2.SBM-3_04
We are aware of a material risk related to forced labour allegations of inadequate labour protections and oversight in our supply chain for critical components. These include minerals and metals, such as rare earth elements for wind turbine magnets, copper for export or array cables, lithium for batteries, and silica for solar panels. These materials are often sourced from countries and areas in Africa, Asia, and Latin America, where enforcement of labour protections is weaker, increasing the risk of forced and child labour.
Report Date: 4Q2024Relevance: 65%