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 developed an understanding of whether and how individuals within its workforce, characterized by specific attributes, working in distinct contexts, or engaged in particular activities, may be at an increased risk of harm? Please detail the process and findings of this understanding as part of the materiality assessment outlined in ESRS 2 IRO 1, in relation to ESRS 2 SBM-3 concerning material impacts, risks, and opportunities and their interaction with the strategy and business model.
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Question Id: S1.SBM-3_11
Every health and safety incident is one too many, and we thoroughly investigate each case to assess root cause and mitigation actions at the given site of occurrence. The inherent risk and negative impact of health and safety incidents is actual, short-term, localised and not widespread or systemic. When operating in a heavy industry it also becomes naturally connected to our business model and part of our strategy including commitments, targets and progress reporting aligned with our annual reporting cycle.
Report Date: 4Q2024Relevance: 50%