Sustainability governance

The way we organise and govern our sustainability work ensures transparency and accountability.

Sustainability is embedded in our business model and across our organisation. Our sustainability programs are implemented by the Sustainability team and responsibility for sustainability performance is anchored with the leadership team.

Ørsted’s Board of Directors is the highest authority that oversees our sustainability work, while Executive Management is accountable for our sustainability programmes with specialist support from appointed committees. The chart below shows where and how sustainability is governed at Ørsted. 

Sustainability governance

 

  
  

Policies and positions


Our policies clarify the positions we take on issues of relevance to our stakeholders and help address their concerns and questions.

Our policies build a foundation and common approach to specific issues of relevance to our company and stakeholders. Some of these policies are required by law, while others have been put in place to help stakeholders and business partners to understand how we work, or to set out what we expect of them. 

The policies can help answer questions arising about Ørsted’s business and operations, and set a level playing field from which to address the interests, issues and stakeholders we encounter every day. 

Below you can see the policies related to some of our most important and frequently-referenced positions.
Policies
Sustainability commitment
Code of Conduct for business partners
Local engagement
Good business conduct
Sustainable biomass sourcing
QHSE
Stakeholder engagement
Tax
Biodiversity
Global diversity & inclusion
Modern Slavery Act Statements
2018
2017
2016

Memberships

We advance the global sustainability agenda with our memberships

Through our memberships we help advance global sustainability agendas such as the Sustainable Develop Goals and the Paris Agreement, and are inspired to improve our own sustainability performance. Ørsted is a signatory of the UN Global Compact; a CDP renewable energy partner; and the only energy producer globally to partner with the World Wide Fund for Nature (WWF), Denmark.

Below you can see all our sustainability-related memberships.

 

 

UN Global Compact 

              

The United Nations Global Compact is a UN initiative encouraging businesses to adopt more sustainable practices. It has become one of the overarching initiatives driving sustainability in the private sector. Ørsted is a participant in the UN Global Compact and a member of the Action Platform ‘Pathways to Low-Carbon and Resilient Development’. Through the action platform, we aim to serve as a catalyst for enhancing action to meet the ambitions of the Paris Agreement and the UN Sustainable Development Goals (SDGs). 


  

Sustainability report 2019

Carbon neutral to stop global warming at 1.5ºC