Orsted
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph AR 9
Tags Tree
- Can you provide a detailed explanation of any significant changes made to the policies adopted during the reporting year, specifically in relation to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Include a description of the process for setting these targets, and specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Ensure that the description includes key information necessary for a faithful representation of the policies related to affected communities, particularly highlighting any new or additional approaches to engagement, due diligence, and remedy.
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Question Id: S3-1_08
In 2024, we laid the foundation for many of the initiatives currently in progress for managing our negative impact and risks associated with failing to respect Indigenous Peoples’ rights and ensuring FPIC in our own operations. We began by developing a global guidance for social and human rights impact assessments, which will allow us to proactively manage these risks and impacts before the construction of new projects.
Furthermore, we finalised our internal guidelines for free, prior, and informed consent (FPIC), a framework designed to ensure respectful and transparent engagement with Indigenous communities. These guidelines guarantee that we secure consent from Indigenous communities before initiating projects that might impact their lands or cultural heritage.
Report Date: 4Q2024Relevance: 80%
- Does the undertaking disclose whether and how it assesses that affected communities are aware of and trust the structures or processes available to raise their concerns or needs and have them addressed? Furthermore, does the undertaking disclose whether policies are in place to protect individuals using these channels from retaliation? If this information has been previously disclosed in accordance with ESRS G1-1, the undertaking may reference that disclosure.
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Question Id: S3-3_14
As part of our ongoing commitment to transparency and accountability, we assess whether affected communities are aware of and trust the grievance mechanisms available to them through ongoing community engagements. However, our assessments in this area are still a work in progress. While we can evaluate communities’ awareness during engagements, we do not yet have sufficient comprehensive assessments to fully measure their trust in these channels. We are actively working to strengthen our approach to ensure greater transparency regarding affected communities’ grievances. Further to this, it is our aim to ensure that our whistleblower hotline is widely available to affected communities, although we cannot be certain that all affected communities are aware of this channel and know how to access it. However, we ensure individuals who use these grievance mechanisms are protected from retaliation, and that whistleblower reports are handled confidentially, in line with our 'Good business conduct policy' and 'Whistleblower policy'.
Report Date: 4Q2024Relevance: 65%