Orsted
ESRS disclosure: ESRS ESRS 2 \ DR BP-2 \ Paragraph 15
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- Has the undertaking incorporated information from other legislation or generally accepted sustainability reporting standards and frameworks into its sustainability statement? If so, disclose this fact. Additionally, if there is a partial application of such standards or frameworks, provide a precise reference to the specific paragraphs applied.
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Question Id: BP-2_16
The tables to the right and on the following pages list all of the ESRS disclosure requirements in ESRS 2 and the seven topical ESRS standards which are material to Ørsted, and which have guided the preparation of our sustainability statements. They can be used to navigate to information relating to a specific ESRS disclosure requirement (e.g. BP-1) or to our ‘entity specific data points’. They also show where to find information relating to specific disclosure requirements that lie outside of the sustainability statements and is ‘incorporated by reference’.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking's sustainability statement include information derived from other legislation or generally accepted sustainability reporting standards and frameworks, in addition to the information prescribed by ESRS? If so, disclose this fact and, in instances of partial application, provide a precise reference to the specific paragraphs of the standard or framework applied.
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Question Id: BP-2_17
The tables to the right and on the following pages list all of the ESRS disclosure requirements in ESRS 2 and the seven topical ESRS standards which are material to Ørsted, and which have guided the preparation of our sustainability statements. They can be used to navigate to information relating to a specific ESRS disclosure requirement (e.g. BP-1) or to our ‘entity specific data points’. They also show where to find information relating to specific disclosure requirements that lie outside of the sustainability statements and is ‘incorporated by reference’.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the significant impacts, risks, and opportunities identified through your materiality assessment. Include information on where these elements are concentrated within your business model, own operations, and throughout your upstream and downstream value chain, as per Disclosure Requirement SBM-3.
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Question Id: SBM-3_02
Our material sustainability-related impacts, risks, and opportunities (IROs) across our full value chain include:
Positive impacts:
- Renewable energy deployment (E1)
- Local jobs and educational opportunities (S3)
Negative impacts:
- Natural resources exploitation and land-use and freshwater-use change (E4)
- Habitat loss from land degradation (E4)
- Species population size decrease, and extinction risk increase (E4)
- Use and depletion of virgin materials (E5)
- Pollution from mining may affect communities’ health (S3)
- Indigenous Peoples’ rights and livelihoods possibly disrespected or disrupted by suppliers (S3)
Sustainability-related risks:
- Climate-related transition risks due to changes in political support (E1)
- Climate-related physical risks (E1)
- Dependence on scarce critical raw materials (E5)
- Increased voluntary turnover (S1)
- Possible supplier misconduct concerning forced labour (S2)
- Local communities’ resistance and concerns (S3)
- Increasing local content and social impact requirements in tender processes (S3)
- Consent of Indigenous communities (S3)
Sustainability-related opportunities:
- Renewable energy deployment (E1)
- Biodiversity restoration, research, and innovation initiatives (E4)
Report Date: 4Q2024Relevance: 85%