Vestas Wind Systems
ESRS disclosure: S1.SBM-3_06
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- Does the undertaking's disclosure under ESRS 2 encompass all individuals within its workforce who could be materially impacted by the company's operations, including those within its value chain and business relationships? Specifically, provide detailed information on any material impacts on the workforce that may result from transition plans aimed at minimizing environmental harm and achieving climate-neutral operations. This should include impacts related to the undertaking's strategies and actions to reduce carbon emissions in accordance with international agreements, addressing potential restructuring, employment loss, as well as opportunities for job creation and workforce reskilling or upskilling.
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Question Id: S1.SBM-3_06
We have identified two overarching decarbonisation levers. We allocate financial resources and dedicated resources to meet our emission reduction targets:
- Transition to renewable energy across our own operations to reduce scope 1 and 2 emissions.
- Work with suppliers to reduce supply chain scope 3 emissions from materials and transport.
Scope of priority actions: We prioritise the implementation of our transition plan through priority actions, which are actions that have the greatest potential to reduce our GHG emissions. The scope of these priority actions includes our own operations (scope 1 and 2) and upstream value chain (scope 3). We track progress on these actions across all geographical areas where we operate, and we work in implementation with stakeholders across manufacturing, construction, and service operations, as well as with our suppliers. Vestas acknowledges that transition plans for GHG reductions could potentially have some material impacts on workers. For example, we acknowledge the need to continue to assess and consider the feedback from our colleagues in Service and Manufacturing, and our transitioning to electric vehicles (EVs), to ensure these EVs meet all requirements for standard vehicles and that sufficient training is provided to operate the vehicles.
Report Date: 4Q2024Relevance: 65%