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.

Our material sustainability-related impacts, risks, and opportunities (IROs) across our full value chain include:

Positive impacts:

1. Renewable energy deployment (E1)
2. Local jobs and educational opportunities (S3)

Negative impacts:

1. Natural resources exploitation and land-use and freshwater-use change (E4)
2. Habitat loss from land degradation (E4)
3. Species population size decrease, and extinction risk increase (E4)
4. Use and depletion of virgin materials (E5)
5. Pollution from mining may affect communities’ health (S3)
6. Indigenous Peoples’ rights and livelihoods possibly disrespected or disrupted by suppliers (S3)

Sustainability-related risks:

1. Climate-related transition risks due to changes in political support (E1)
2. Climate-related physical risks (E1)
3. Dependence on scarce critical raw materials (E5)
4. Increased voluntary turnover (S1)
5. Possible supplier misconduct concerning forced labour (S2)
6. Local communities’ resistance and concerns (S3)
7. Increasing local content and social impact requirements in tender processes (S3)
8. Consent of Indigenous communities (S3)

Sustainability-related opportunities:

1. Renewable energy deployment (E1)
2. Biodiversity restoration, research, and innovation initiatives (E4)