Orsted
ESRS disclosure: S3.SBM-3_05
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- Provide a comprehensive description of the activities undertaken by your company that result in material positive impacts on affected communities. Include details on the types of communities that are positively affected or could potentially be positively affected by these activities. Additionally, specify whether these positive impacts occur in particular countries or regions. Ensure that all affected communities likely to be materially impacted by your operations, value chain, products, services, and business relationships are encompassed within the scope of your disclosure, as per the requirements of ESRS 2 SBM-3.
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Question Id: S3.SBM-3_05
We actively work to implement initiatives that foster community development in consultation with communities to best address local needs. Involving local communities in the planning and development phases of renewable energy projects allows us to address their concerns, align our activities with community interests, and promote shared benefits, such as job creation, economic development, and enhanced community well-being. For instance, we provide education and upskilling programmes to develop competences in renewable energy technologies through community benefit funds. This enables community members to gain employment in our projects or the wider renewable energy industry, generating local jobs and fostering innovation. Additionally, we invest in community infrastructure to enhance public facilities and improve living standards, such as the Grimsby Youth Zone in the UK.
Report Date: 4Q2024Relevance: 85%