Orsted
Electric Utilities
Denmark
ESRS disclosure: SBM-3_08
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- Provide a comprehensive disclosure of the current financial effects of your company's material risks and opportunities on its financial position, financial performance, and cash flows. Additionally, identify any material risks and opportunities that present a significant risk of material adjustment to the carrying amounts of assets and liabilities within the next annual reporting period, as reported in the related financial statements.
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Question Id: SBM-3_08
When scoring sustainability risks and opportunities, we assessed the potential 'magnitude' of possible financial effects on, for example, revenue, CAPEX or OPEX, which constitutes one part of the score, and the 'likelihood of occurrence', which constitutes the other part. The possible financial effects of the individual risks and opportunities were assessed through sustainability-matter-specific scenarios, operationalised through stress tests. Mitigation measures put in place are reflected in either the magnitude or likelihood of the assessed scenarios.
Report Date: 4Q2024Relevance: 60%