Vestas Wind Systems
ESRS disclosure: ESRS S3 \ DR S3.SBM-3 \ Paragraph 9
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- Has the undertaking ensured that all affected communities, who are likely to be materially impacted by its operations, value chain, products, services, and business relationships, are comprehensively included within the scope of disclosure as required under ESRS 2 SBM-3? Furthermore, has the undertaking provided the necessary information as stipulated in paragraph 48?
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Question Id: S3.SBM-3_01
The affected communities in scope of this disclosure are limited to (i) communities living or working around the wind farms which are impacted directly or indirectly through our construction and development operations and (ii) communities of indigenous peoples. These impacts affect communities near our wind power project development and construction activities and are all systemic in nature due to our business model.
Report Date: 4Q2024Relevance: 60%
- Identify and disclose any material risks and opportunities that arise from impacts and dependencies on affected communities, specifying which of these pertain to particular groups within those communities, as opposed to the broader community, in accordance with ESRS 2 SBM-3.
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Question Id: S3.SBM-3_08
We identify and manage any material actual or potential impacts on affected communities through our human rights based approach. On a corporate level, we conduct our Corporate-Wide Human Rights Assessment, while Vestas conducts project-level social due diligence on certain projects in scope. Our 2024 double materiality assessment identified two key impacts related to affected communities: negative land-related impacts and negative impacts on the right to Free, Prior, and Informed Consent of indigenous and tribal peoples.
Report Date: 4Q2024Relevance: 85%