Vestas Wind Systems
ESRS disclosure: ESRS E4
Tags Tree
- Provide a detailed account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, elucidate whether and how your organization has identified and assessed both actual and potential impacts on biodiversity and ecosystems at your own site locations, as well as within the upstream and downstream segments of your value chain. Include the assessment criteria applied in this evaluation.
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Question Id: E4.IRO-1_01
Our biodiversity and ecosystems-related impacts, risks, and opportunities (IROs) are identified through an impact assessment developed in collaboration with third-party experts, utilizing third-party platforms and by consulting internal subject matter experts. The assessment covers our entire value chain. During 2025, we aim to collect more robust data to further refine and support the materiality conclusions.
The impact assessment of our own operations is split into two categories: impacts arising from factories (e.g., land occupation and pollution from paint), and impacts arising from other own operations activities, e.g., service and construction of on- and offshore wind farms and the related emissions from transportation. For our own operations, we consider land use, climate change, air pollution, and water use impacts. The impact on our downstream value chain is an assessment of how wind turbine parks might affect biodiversity and ecosystems during operation.
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.
Report Date: 4Q2024Relevance: 85%
- Has the company identified and assessed its dependencies on biodiversity, ecosystems, and their services at its own site locations and throughout its value chain, in accordance with the EU Biodiversity Strategy for 2030?
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Question Id: E4.IRO-1_02
We analyse dependencies on biodiversity and ecosystems at sector-level using third-party software. The assessment includes ecosystem services with risk of being disrupted. The analysis of dependencies on biodiversity and ecosystems covers our own operations and up- and downstream value chain.
Report Date: 4Q2024Relevance: 85%
- 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.
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Question Id: E4.IRO-1_03
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.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, disclose whether and how systemic risks have been considered in these processes.
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Question Id: E4.IRO-1_04
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.
Report Date: 4Q2024Relevance: 60%
- 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, disclose whether and how consultations with affected communities were conducted concerning sustainability assessments of shared biological resources and ecosystems.
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Question Id: E4.IRO-1_05
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: 50%
- Provide a detailed account of the processes your company employs to identify and evaluate material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, disclose whether and how your company has engaged in consultations with affected communities regarding sustainability assessments of shared biological resources and ecosystems. Include information on instances where a site, raw material production, or sourcing is likely to adversely affect biodiversity and ecosystems, and identify the specific sites, raw materials production, or sourcing activities that have negative or potentially negative impacts on these communities.
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Question Id: E4.IRO-1_06
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. For more information about our approach to biodiversity, see pages 83-85.
Though geospatial data corroborates the proximity of our factories to biodiversity-sensitive areas such as Natura 2000[1] areas. None of our facilities located near biodiversity-sensitive areas have been assessed to lead to material deterioration or disturbance of natural habitats or the habitats of species.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the processes your organization employs to identify and assess material impacts, risks, dependencies, and opportunities related to biodiversity and ecosystems. Specifically, disclose whether and how consultations with affected communities were conducted during sustainability assessments of shared biological resources and ecosystems. Additionally, elucidate how these communities were involved in the materiality assessment, particularly when they are likely to be impacted.
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Question Id: E4.IRO-1_07
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: 50%
- 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%
- Provide a detailed description of the processes your company employs to identify and assess material biodiversity and ecosystem-related impacts, risks, dependencies, and opportunities. Include in your response whether and how consultations with affected communities were conducted regarding sustainability assessments of shared biological resources and ecosystems. Specifically, address how your operations impact ecosystem services relevant to these communities. If negative impacts are unavoidable, outline your plans to minimize these impacts and detail the mitigation measures implemented to maintain the value and functionality of priority services.
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Question Id: E4.IRO-1_09
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: 40%
- 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%