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.

Question

Accepted Answer

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).

Orsted

ESRS disclosure: S3.SBM-3_06

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