Orsted
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17a
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- Provide a detailed description of your company's human rights policy commitments concerning value chain workers. Include 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 on material matters and outline your general approach to respecting the human rights and labor rights of these workers.
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Question Id: S2-1_02
We align our policies with relevant internationally recognised guidelines and standards. Our 'Global human rights policy' aligns with the UN Guiding Principles on Business and Human Rights (UNGPs), the OECD Guidelines for Multinational Enterprises, the International Bill of Human Rights, and the International Labour Organisation’s (ILO) Declaration on Fundamental Principles and Rights at Work. Our 'Just transition policy' is aligned with the UN Global Compact (UNGC) and the ILO Declaration on Fundamental Principles and Rights at Work. Our code of conduct for business partners adheres to several standards and conventions, including the OECD Due Diligence Guidance, the Maritime Labour Convention, IFC Performance Standards and the previously mentioned guidelines.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking developed an understanding of how workers with specific characteristics, those operating in particular contexts, or those engaged in specific activities may be at an increased risk of harm, and if so, how has this understanding been achieved? Please provide details in accordance with the materiality assessment outlined in ESRS 2 IRO-1, as it pertains to the main types of value chain workers who are or could be negatively affected.
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Question Id: S2.SBM-3_08
Certain workers within these categories are especially vulnerable, such as migrant workers, women, young workers, minority ethnic groups, or those in unsafe work conditions. As part of our due diligence process, we conduct detailed assessments, including interviews, to understand how these vulnerable worker groups may face increased harm within our value chain. Based on our double materiality assessment (DMA), we have identified that workers in high-risk sectors like logistics, maritime operations, and mining, and in particular those working under vulnerable conditions, are more likely to experience issues related to unsafe employment practices.
Report Date: 4Q2024Relevance: 90%