Orsted
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17
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- Provide a comprehensive description of your company's human rights policy commitments that pertain to value chain workers. Include details on the processes and mechanisms implemented to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline the general approach adopted by your company in this context.
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Question Id: S2-1_01
Our commitment to respect human rights, including labour rights, and protect value chain workers is outlined in our 'Global human rights policy', 'Stakeholder engagement policy', 'Just transition policy', and 'Code of conduct for business partners'. Our 'Global human rights policy' explicitly highlights our dedication to ensuring freedom of association, the right to collective bargaining, the elimination of forced, trafficked, or compulsory labour, the effective abolition of child labour, and the elimination of discrimination in employment and occupation, among other critical issues. In addition, our 'Code of conduct for business partners' is an integrated part of our agreements with our suppliers and contractors. It is further integrated in the evaluation process for our joint venture partners and other strategic partners.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking disclosed whether all value chain workers, who are likely to be materially impacted by the undertaking, including those connected with its own operations, value chain, products, services, and business relationships, are included in the scope of its disclosure under ESRS 2 SBM-3 paragraph 48? Furthermore, has the undertaking provided information on any material risks and opportunities arising from impacts and dependencies on these value chain workers?
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Question Id: S2.SBM-3_07
We have assessed IROs related to workers in our value chain, focusing primarily on our first-tier suppliers’ workers but also workers further out in our supply chain, by using industry knowledge and internal knowledge based on our engagement in various forums. Workers in our value chain who are likely to be materially impacted by our operations and business relationships are included in the scope of our disclosures.
Report Date: 4Q2024Relevance: 85%