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%
- Has the undertaking ensured that all affected communities, who are likely to be materially impacted by its operations, value chain, products, services, and business relationships, are comprehensively included within the scope of disclosure as required under ESRS 2 SBM-3? Furthermore, has the undertaking provided the necessary information as stipulated in paragraph 48?
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Question Id: S3.SBM-3_01
All affected communities likely to be materially impacted by our operations and throughout our value chain are included in the scope of our disclosures. This includes not only impacts directly connected to our own operations but also those throughout our value chain, including our business relationships.
Report Date: 4Q2024Relevance: 85%