Orsted
ESRS disclosure: S3.SBM-3_07
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- Provide a detailed account of whether and how your organization has developed an understanding of the potential risks faced by communities with specific characteristics, those residing in particular contexts, or those engaged in specific activities, as part of your materiality assessment under ESRS 2 SBM-3. This should include an analysis of the main types of communities that are or could be negatively impacted, in accordance with Disclosure Requirement ESRS 2 IRO-1.
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Question Id: S3.SBM-3_07
We recognise the importance of identifying and understanding the diverse communities that may be affected by our renewable energy projects. Our operations and value chain may impact various communities, leading to human rights concerns and other social impacts. Through our DMA process, we have identified two key groups that are subject to our material impacts: Indigenous Peoples and local communities. Indigenous Peoples are affected by our own operations, such as wind or solar farm development, and throughout our value chain, where we may work with suppliers operating on or near Indigenous lands. They are particularly vulnerable and face heightened risks of harm due to their cultural heritage and traditional land rights. Local communities can also be impacted negatively by living near extraction sites for minerals and metals used in renewable energy infrastructure, such as rare earth elements for wind turbines and solar panels.
Report Date: 4Q2024Relevance: 85%