Vestas Wind Systems
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 19
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- Provide detailed information regarding your company's policies designed to manage material impacts, risks, and opportunities associated with your own workforce. Specify whether these policies apply to specific groups within your workforce or encompass the entire workforce, in accordance with ESRS 2 MDR-P Policies adopted to manage material sustainability matters.
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Question Id: S1-1_01
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: 4Q2024Relevance: 85%
- Has the undertaking ensured that all individuals within its own workforce who may experience material impacts are encompassed within the scope of disclosure as per ESRS 2 SBM-3? Furthermore, does the undertaking provide information on whether any material negative impacts are either widespread or systemic in the operational contexts, such as instances of child labor or forced labor in specific non-EU regions, or are they related to individual incidents like industrial accidents or oil spills?
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Question Id: S1.SBM-3_03
During 2024, Vestas did not identify any areas with operations at significant risk of incidents of child labor. The Vestas Employee Code of Conduct (the Code) sets out the behavioural expectations Vestas has to the members of its own workforce globally. The Code sets the standards and commitments to ensure a safe and ethical workplace, respecting the human rights of all stakeholders engaged, to create a workplace free from discrimination and to respect human rights. The Code therefore governs Vestas’ approach to managing S1 related IROs under working conditions, health and safety, equal opportunities as well as the G1 IROs related to political engagement, see G1-5 page 127.
Report Date: 4Q2024Relevance: 60%