Vestas Wind Systems
Heavy Electrical Equipment
Denmark
ESRS disclosure: ESRS E4 \ DR E4.IRO-1 \ Paragraph 18
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- Provide a detailed account of the processes your organization employs to identify and evaluate material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, elucidate whether and how consultations with affected communities were conducted concerning sustainability assessments of shared biological resources and ecosystems. In relation to your operations, specify how negative impacts on ecosystem services relevant to these communities may be avoided. If avoidance is not feasible, outline your plans to minimize such impacts and describe any mitigation measures intended to preserve the value and functionality of priority services.
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Question Id: E4.IRO-1_08
Affected communities were not consulted or involved in the materiality assessment. We have not identified any material negative impacts on priority ecosystem services of relevance to affected communities in our overall analysis.
Report Date: 4Q2024Relevance: 30%
- Has the undertaking utilized biodiversity and ecosystems scenario analysis to inform the identification and assessment of material risks and opportunities over short-, medium-, and long-term time horizons? If so, provide a detailed account of the processes employed to verify the business model(s) using a range of biodiversity and ecosystems scenarios, or other scenarios that model biodiversity and ecosystems-related consequences, with different possible pathways.
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Question Id: E4.IRO-1_10
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.
Report Date: 4Q2024Relevance: 80%