Better Health for All

Ørsted's core business of renewable energy production has a substantial positive net health effect by reducing air pollution, which is a preventative health measure.

In 2023, 83% of Ørsted's power was green, and the company achieved an 83% reduction in greenhouse gas emissions since 2006, having stopped using coal entirely by 2023. This shift contributes to a reduction in respiratory and cardiovascular illnesses, hospitalizations, and premature deaths. These health improvements are seen across all populations, regardless of socioeconomic conditions, demonstrating a high reach for vulnerable groups. The reduction in air pollution also generates substantial positive health externalities, leading to measurable community health improvements. However, the company still engages in some natural gas activities, with 17% of its power not being green in 2023, which contributes to negative health outcomes.

Fair Money & Economic Opportunity

Ørsted A/S is a power company that develops, constructs, and operates renewable energy facilities. Its core business does not involve lending, insuring, moving, or storing money for consumers. Therefore, KPIs related to financial products, pricing, fees, debt, credit scores, and financial literacy initiatives are not applicable. While the company engages in workforce development, diversity, equity, and inclusion initiatives,

and community benefit funds, these are related to its operations as an energy company and job creator, not to its role as a financial services provider or its loan/insurance book. The company's Green Finance Framework and corporate compliance efforts pertain to its corporate financing and operations, not consumer financial services.

Fair Pay & Worker Respect

Ørsted reported a safety incident rate (TRIR) of 2.6 per 200,000 hours worked in H1 2023.

The voluntary employee turnover rate was 10.0% in H1 2023. The company's H1 2023 report stated no specific regulatory actions, violations, fines, or compliance issues related to fair pay or worker respect were mentioned.

Fair Trade & Ethical Sourcing

No quantitative data was found in the provided articles to assess D2G.XETRA against the Fair Trade & Ethical Sourcing KPIs. The articles primarily outline policies, statements, and plans, such as Modern Slavery Act Statements and a Responsible Business Partner Program. While the company tracks ten metals identified as high-risk (cadmium, cobalt, copper, iron, lithium, manganese, nickel, rare earth metals, silicon, and tellurium),

no share of spend on these materials is provided. Similarly, a pilot for copper sourcing traceability at one UK offshore wind farm and plans to extend a blockchain pilot are mentioned, but no overall traceability coverage percentage for the company is given. No specific percentages, frequencies, or incident numbers are provided for fair trade certifications, audit frequency, forced/child labour incidents, remediation speed, ethical clause coverage, or supplier diversity spend.

Honest & Fair Business

Ørsted has a global whistleblower policy and hotline, approved on 2023-12-12, which allows anonymous reporting and has a zero-retaliation policy.

Reports can be made via multiple channels including a 24/7 toll-free phone line, web, app, email, or in person. Internal Audit handles these cases, reporting functionally to the Board of Directors, and the Chief Audit Executive provides regular quarterly reports to the Audit & Risk Committee, which has full access to the hotline. The company has a zero-tolerance anti-corruption policy, prohibiting corrupt, fraudulent, collusive, or coercive practices by business partners, and requires all new employees to complete mandatory e-learning on good business conduct every two years, with a refresher every two years. Ørsted voluntarily discloses tax payments on a country-by-country basis, uses the GRI 207 standard for tax disclosure, and was the first energy company to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi).

Planet-Friendly Business

Ørsted has a net-zero target for 2040 covering its entire company footprint, with a target for carbon-neutral energy generation and operations by 2025.

The company is the first energy company to have a science-based net-zero target validated by SBTi's Net-Zero Standard. In 2022, 90% of its operational energy consumption was sourced from renewables, with an objective to exceed 95% by 2023 and 99% by 2025. No environmental compliance violations have been reported. Ørsted has endorsed TCFD recommendations, conducted a TCFD gap analysis, and was named a best practice case in the TCFD Status Report 2019. The company conducted climate scenario analysis in 2019, focusing on 2°C and 4°C scenarios, which also addresses potential stranded asset risks. The company has a target for net-positive biodiversity impact from new renewable energy projects by 2030 and supports habitat protection in the Flint Hills.

Safe & Smart Tech

The company's privacy policy states that no incidents of unauthorized data use are detailed.

Users are granted rights to access, rectify, erase, restrict processing, and object to their data, and also have data portability rights, with an option to opt-out of further information. Data is retained only as needed or legally required, with cookie data specifically retained for up to 1 year. The company also states compliance with data protection laws, including EU NIS, NERC CIP, and TCFD.