ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 23

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  • Does the undertaking have a workplace accident prevention policy or management system in place?
  • Question Id: S1-1_09

    The Vestas Safety, Quality, Health, and Environmental (SQHE) Policy and HSE framework outline the procedures in identifying, mitigating, and reporting health and safety related negative impacts and risks for own workforce as well as for contractors and suppliers in the value chain for all positions globally. The SQHE Policy is approved by the Executive Management and supported by our HSE management system based on the principles of ISO 45001. Reports on injury rate performance are shared with the Board on a quarterly basis, and with the Executive Management team on a monthly basis. Our SQHE Policy applies to all Vestas entities, employees, activities, products and services, and includes our expectations in relation to external parties. The policy is reviewed annually and was aligned with the ESRS and Vestas’ HSE framework in 2024.

    Report Date: 4Q2024
  • Does the undertaking have programs to promote access to skills development as part of its policies related to its own workforce?
  • Question Id: S1-1_22

    Vestas has a Learning and Development Policy that clarifies roles and responsibilities related to L&D across the organization. This policy outlines expectations for people managers, employees, and all L&D functions and activities throughout Vestas. The policy applies to all employees, all functions, and all units at Vestas. The Global Head of Talent Management, who oversees the Global Talent Management Function, is accountable for its implementation and effectiveness, with support from the Head of Global Learning & Development. Vestas prioritizes the continuous development and growth of its people to support the achievement of its strategic goals. They have established talent development programs alongside other blended learning and development opportunities to enhance the skills and competencies of all employees. The latest results of their Employee Engagement Survey (EES) highlighted that respondents feel they have strong opportunities to learn and grow at Vestas. This benefits all employees through enhanced skills, greater job satisfaction, and career progression. Collectively, this supports greater employee engagement to ensure Vestas maintains a forward-looking and adaptive organization.

    Report Date: 4Q2024