Vestas Wind Systems
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 24a
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- Does the undertaking have specific policies aimed at the elimination of discrimination, including harassment, promoting equal opportunities, and other methods to advance diversity and inclusion?
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Question Id: S1-1_10
Diversity, Equity, Inclusion & Belonging Policy (DEIB Policy) sets out Vestas’ approach and strategy to diversity and inclusion. The policy includes our DEIB mission statement and commitment to ensuring all potential, future and current employees are guaranteed equal opportunities and fair treatment, regardless of their background. The policy prioritises commitments to diversity, equitable opportunities, an inclusive culture, inclusive leadership, and a respectful, discrimination-free workplace that adapts to regional needs. The policy focuses on people from groups at particular risk of vulnerability related to gender, ethnicity, age, and seniority. By focusing on equitable opportunities, Vestas ensures that all employees, regardless of their background or individual circumstances, have access to resources and support needed to succeed and thrive. In case of discrimination Vestas encourages employees to utilise our whistleblower platform EthicsLine, which is further documented in section SI-3.
Report Date: 4Q2024Relevance: 95%
- Does the undertaking have programs to promote access to skills development as part of its policies related to its own workforce?
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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: 4Q2024Relevance: 90%