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
Resource management
Water management
Stakeholder engagement
Tax
Biodiversity
Global diversity, inclusion and non-discrimination policies

We want sustainable energy to empower people, business and societies.

 

Read more about our sustainability commitment

Our Code provides the foundation for our continuous engagement with business partners on their ethical, social, and environmental performance.

Read more about our Code of Conduct for business partners 

We recognise the value of engaging with the local communities in which we work. The policy determines the guidelines for our local community engagement.

Read more about our local engagement

We must act with integrity in our business dealings. Our policy underlines zero tolerance of bribery and similar corrupt practices, fraud and other types of inappropriate business behaviour.

Read more in Good business conduct

The policy shows how we ensure and document the sustainability of our sourced biomass.

Read more about our sustainable biomass sourcing

We outline how we incorporate quality, health, safety and the environment in all our decisions and actions.

Read more about our QHSE policy

We commit to sustainable consumption and production patterns and integrate a circular design in our resource management processes.

Read more in our Resource management policy

We commit to ensure that water consumption and discharge are managed responsibly, particularly in regions of water scarcity.

Read more in our Water management policy

We work to serve the needs of our customers and the societies we are part of. The policy outlines the principles behind our stakeholder dialogue.

Read more in Stakeholder engagement

Read more in Advocacy memberships

A responsible approach to tax is essential to the long-term sustainability of our business. Our tax policy sets forward the principles by which we manage our tax affairs.

Read more about our tax policy

The Offshore wind biodiversity policy supports our efforts to protect the natural environment in areas where we develop, construct and operate offshore wind farms

Read more in the Offshore wind biodiversity policy

Inclusion of Diversity at Ørsted
Diversity, equality and inclusion are integral to our culture and the way we do business. We encourage diversity of thought and expression because different perspectives lead to better solutions and a thriving workplace.

Read our policy on Global diversity & inclusion policy.

Zero tolerance of bullying and discrimination
Ørsted commits to a working environment free of bullying, harassment, victimisation and discrimination, promoting mutual respect and ensuring that the contributions of all employees are recognised and valued. In our annual People Matter survey, we measure and follow up on bullying and harassment.

Read Ørsted’s policy on bullying and harassment here.

 
Modern Slavery Act Statements
2019
2018
2017
2016

Download the signed Modern Slavery Act Statements:

Download the 2019 Modern Slavery Act Statement for all UK entities

 

 

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 2020

A sustainable build-out of green energy