Orsted
ESRS disclosure: S3-4_08
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- Provide a detailed account of the actions currently planned or being implemented to mitigate material risks associated with your company's impacts and dependencies on affected communities. Additionally, elucidate the methods employed to monitor and evaluate the effectiveness of these actions in practice.
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Question Id: S3-4_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.
Going forward, we will be conducting specific assessments on how projects might affect Indigenous communities. This will involve engaging with these communities early in the planning phase to ensure that their needs and concerns are adequately addressed.
Report Date: 4Q2024Relevance: 85%