Sustainability themes and human rights

Assessing the risks & opportunities

To ensure we´re maintaining good sustainability practices and are helping to preserve a safe, just and fair society, we hold regular reviews with our stakeholders.

We formalise the insights from our stakeholder dialogue in two concrete projects: a materiality assessment (annual) and a human rights risk screening (every second year).

As output, we define a number of material sustainability themes and potential adverse human rights impacts that we and our stakeholders consider important to address. We have sustainability programmes for all material themes, and we add human rights components to relevant programmes to continuously strengthen our practices on human rights.
  • Sustainability themes
  • Human rights
  • . . .
Our annual materiality assessment is based on the dialogue we have with investors, regulators and policy makers, civil society, customers, business partners, and employees. We engage in bilateral meetings, arrange roundtables, and meet at conferences.

Each year, we consolidate the inputs we receive in a materiality assessment where we identify sustainability themes that are material to our business. We rank the themes according to their importance to stakeholders and to Ørsted. This year, we have placed them in one of the three priorities of our sustainability strategy. By bundling similar themes, we can better compare the relative importance of the themes.
To understand our human rights risks, we conducted 15 interviews with Ørsted employees who lead work that has a direct link to our rights holder groups – our employees, our customers, our communities, and our business partners. During the interviews, we assessed how our business activities could potentially have adverse impacts on the rights holders. The assessment also evaluated our capacity to identify potential risk areas and current mitigation strategies to address them.

The screening concluded that we manage our most significant human rights risks well, and that we mainly operate in low-risk environments. However, new markets represent new focus areas related to human rights. Suppliers continue to be a primary focus area for us. But we can improve our governance by increasing awareness in key business areas on human rights, especially in higher risk markets.

The screening results show where we have potential adverse impacts on human rights. See our sustainability report 2017 page 25 for an overview of the result

Sustainability report

Leading the transformation to renewable energy

Our sustainability
programmes

Our strategy is based on 20 sustainability programmes which contribute to the UN Sustainable Development Goals