Orsted
ESRS disclosure: ESRS S3 \ DR S3-2 \ Paragraph 21
Tags Tree
- "Provide a detailed account of whether and how the perspectives of affected communities are integrated into your company's decision-making processes or activities concerning the management of actual and potential impacts on these communities. Include, where applicable, an explanation of the methods and processes employed for such engagement."
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Question Id: S3-2_01
We aim to go above the minimum regulatory requirements regarding engagement with affected communities, as we believe these engagements are essential for securing and sustaining the social license necessary for advancing renewable energy development. To ensure that our decisions reflect the perspectives of affected communities, we engage proactively with community stakeholders and local organisations and seek ongoing dialogue with them, ensuring their voices are heard and considered in our decision-making processes. This approach is being integrated across our business functions, markets, and asset projects. Engagement occurs at various frequencies and at various stages of a project. Our aim is to initiate early dialogue during the planning phase to gather the insights and concerns of the affected communities. This takes place through e.g. our community liaison officers and project staff employing different types of interaction, such as public meetings and consultations to facilitate open communication. When we employ community liaison officers in our projects, they often come from the communities we engage with, helping us gain a profound understanding of the local contexts. We continue this dialogue through the development, construction, and operation phases of our renewable energy assets.
Report Date: 4Q2024Relevance: 90%
- Provide a comprehensive description of any material risks and opportunities that arise from the impacts and dependencies on affected communities, ensuring that all communities likely to be materially impacted by your operations, value chain, products, services, and business relationships are included within the scope of your disclosure as per ESRS 2 SBM-3.
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Question Id: S3.SBM-3_06
Material IRO description includes: 1. Pollution from mining may affect communities’ health (Potential negative impact - upstream value chain). 2. Local jobs and educational opportunities (Positive impact - own operations). 3. Public infrastructure improving living standards (Positive impact - own operations). 4. Local communities’ resistance to and concerns with renewable energy projects (Risk - own operations). 5. Increasing local content and social impact requirements in tender processes (Risk - own operations).
Report Date: 4Q2024Relevance: 85%