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%
- Provide a detailed account of the types of operations within your organization that are at significant risk of incidents involving child labor. This disclosure should align with the requirements set forth in ESRS 2 SBM-3, focusing on material impacts, risks, and opportunities, and their interaction with your strategy and business model. Ensure that the scope of this disclosure encompasses all individuals within your workforce who may be materially impacted by your operations, including those within your value chain, products, services, and business relationships. Specify the type of operation, such as a manufacturing plant, that is at risk.
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Question Id: S1.SBM-3_09
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: 50%