Orsted
ESRS disclosure: S3-4_16
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- Provide detailed information regarding the intended or achieved positive outcomes of your programmes or investments for affected communities. Include a description of the process for setting targets, specifying whether and how direct engagement with affected communities, their legitimate representatives, or credible proxies was conducted. Additionally, outline the actions taken to address material impacts, manage material risks, and pursue opportunities related to these communities, and evaluate the effectiveness of these actions.
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Question Id: S3-4_16
Currently, we have not set time-bound and outcome-oriented targets that meet the criteria for effectively reducing negative impacts, advancing positive impacts, or managing material risks and opportunities related to affected communities. However, we recognise the importance of establishing robust targets to drive meaningful progress in this area.
We are working to establish a clear community engagement process that will involve engaging directly with the affected communities, their representatives, or credible proxies. In the meantime, we are focused on gathering data and assessing current practices to ensure that future targets are effective and aligned with stakeholder needs. We are not yet fully able to monitor how effectively our policies and actions address our material sustainability-related impacts, risks, and opportunities for affected communities.
Report Date: 4Q2024Relevance: 55%