Provide a detailed account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities concerning biodiversity and ecosystems. Specifically, disclose whether and how your organization has identified and assessed transition and physical risks and opportunities related to biodiversity and ecosystems, including the criteria used for such assessments based on your organization's impacts and dependencies.

Question

Accepted Answer

The analysis of transition and physical biodiversity risks (including systemic risks) is conducted using third-party software solutions, also allowing assessment of biodiversity risks across multiple future looking scenarios and time horizons, and by leveraging internal and external subject matter expertise. See section E1 IRO-1 on page 65 for more information on the scenarios used in the analysis. No specific assessment criteria were applied in the analysis as a consequence of our material biodiversity impact.

Vestas Wind Systems

ESRS disclosure: E4.IRO-1_03

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