Orsted
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 16 c
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- Provide a detailed description of your company's human rights policy commitments that pertain to affected communities. Include an explanation of 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, and the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline your general approach to implementing measures that provide and/or enable remedy for human rights impacts.
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Question Id: S3-1_05
Our approach to managing our negative impacts on affected communities and our processes for identifying what is needed and appropriate to respond to these impacts help us to avoid, mitigate, and remedy negative impacts while creating lasting positive impacts for these communities.
To effectively remediate material negative impacts, including those that may affect Indigenous rights or disrupt local livelihoods within our value chain or operations, we engage directly with impacted communities, listen to their concerns, and provide appropriate remedies to support their well-being and resilience. We continuously work to strengthen our processes for providing or contributing to appropriate remediation to affected communities where we have identified that we have caused or contributed to a negative impact.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking disclosed whether all affected communities likely to be materially impacted by its operations, value chain, products, services, or business relationships are included in the scope of its disclosure under ESRS 2 SBM-3? Furthermore, in cases of material negative impacts, has the undertaking specified whether these impacts are widespread or systemic in the contexts where it operates or maintains business relationships, or if they are related to individual incidents within its own operations or specific business relationships? This should encompass impacts arising from the transition to greener and climate-neutral operations, including those associated with innovation, restructuring, mine closures, increased mineral mining for sustainable economy transitions, and solar panel production.
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Question Id: S3.SBM-3_04
In general, our material impacts are widespread and systemic, particularly in regions where we develop renewable energy projects, or where critical materials are sourced for the technologies we use. They arise as part of the transition to greener and renewable operations. This transition includes challenges associated with innovation and restructuring, such as the increased demand for minerals and metals that are essential for renewable technologies.
Report Date: 4Q2024Relevance: 80%