Orsted
ESRS disclosure: SBM-3_01
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- Provide a concise description of the material impacts, risks, and opportunities identified through your materiality assessment, as per Disclosure Requirement SBM-3. Include details on where these impacts, risks, and opportunities are concentrated within your business model, own operations, and upstream and downstream value chain.
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Question Id: SBM-3_01
In our DMA, we have identified and assessed our impacts on the environment and society as well as the sustainability-related financial risks that we are exposed to and the opportunities we leverage. In total, 40 impacts, risks, and opportunities (IROs) have been assessed as material, comprising of 7 positive impacts, 23 negative impacts, 8 risks, and 2 opportunities. A high-level outcome of our DMA is shown in the matrix, aggregated per ESRS topic. Seven ESRS topics are material to Ørsted, with six of these topics having 'double materiality', i.e. they have both material impacts and financial risks or opportunities. Climate change (E1), biodiversity and ecosystems (E4), resource use and circular economy (E5), and affected communities (S3) are our most material sustainability matters, and the IROs within these topics are closely linked to our strategic aspiration to be the world’s leading green energy major.
Report Date: 4Q2024Relevance: 85%