The sustainability statements have been prepared on a consolidated basis. The data is consolidated according to the same principles as the financial statements and thus comprises the parent company Ørsted A/S and subsidiaries controlled by Ørsted A/S.

The data is consolidated according to the same principles as the financial statements and thus comprises the parent company Ørsted A/S and subsidiaries controlled by Ørsted A/S.

The sustainability statements cover our upstream and downstream value chain as the related impacts, risks, and opportunities have been identified and assessed in our DMA. Selected policies, actions, and targets extend to our value chain, where relevant.

Key elements of our strategy that impact sustainability matters include developing, constructing, and operating renewable energy assets at scale. Main challenges include the use of virgin and scarce raw materials, energy- and emissions-intensive supply chain, vulnerable supply chain workers, renewable energy capacity build-out co-existing with nature, ecosystem and biodiversity impacts from our supply chain, local resistance to renewable energy assets, and political opposition to and lack of support for renewable energy build-out. We respond to these challenges through strategic sustainability priorities: Decarbonisation (optimising the use of resources and energy and reducing GHG emissions, collaboration with suppliers to decarbonise materials and processes, roadmaps to decarbonise key resources and processes, partnerships to improve recyclability of our renewable energy assets), Biodiversity (protect and preserve nature and reduce direct impact drivers of biodiversity loss, application of our measurement framework and the mitigation hierarchy, site monitoring and action plans, including positive impact efforts), and Community impact (ensure people in the regions where we operate benefit from and support the build-out, engagement and ongoing dialogue with affected communities, integration of affected communities’ perspectives in project planning phase).