UKX FTSE 100 Index

TIDMORSTED 
 
 
   As a global sustainability leader with a strong commitment to protect 
biodiversity, Ørsted sets the ambition to deliver a net-positive 
biodiversity impact from all new renewable energy projects it 
commissions from 2030 at the latest. The ambition is part of the 
company's new strategy. 
 
   The accelerated global build-out of renewable energy which is needed to 
decarbonise global energy systems and stop global warming at 1.5degC 
must take place in balance with nature. Therefore, Ørsted sets the 
ambition to deliver a net-positive biodiversity impact from all new 
renewable energy projects that are commissioned from 2030 at the latest. 
A net-positive impact occurs when a project has an overall positive 
biodiversity impact due to active measures taken to offset potential 
biodiversity losses. 
 
   "Over the coming decades, the deployment of renewable energy must 
accelerate significantly to speed up the transformation of the world's 
energy systems to renewable energy and halt global warming. The 
build-out of green energy must go hand-in-hand with protection of 
natural habitats and wildlife, including in our oceans," says Mads 
Nipper, CEO of Ørsted. He continues: "That's why we've decided to 
build in the criterion that all new projects that we start to develop 
from now on must have a net-positive biodiversity impact. This means all 
renewable energy projects commissioned by Ørsted will have a 
net-positive impact on biodiversity by 2030 at the latest. By building a 
net-positive contribution to biodiversity into our future projects, we 
want to do good for the planet and strengthen our competitive advantage 
as one of the world's largest renewable energy developers." 
 
   When developing new projects, Ørsted will systematically implement 
initiatives that ensure an overall net-positive contribution to natural 
ecosystems, habitats, and species in and around the company's new 
renewable energy projects in offshore wind, onshore wind, solar PV and 
energy storage, and renewable hydrogen. Ørsted will also seek to 
identify initiatives that can have a positive impact on biodiversity 
before 2030. 
 
   New challenges to be solved 
 
   Today, Ørsted works to avoid, mitigate, and address the potential 
biodiversity impact of its projects, with one of the renewable energy 
industry's most experienced in-house teams of environment specialists. 
Ørsted has delivered initiatives such as 
https://www.globenewswire.com/Tracker?data=dscV5wifgg_HfNC1IQe5e8Pb0gQWq51rrQZB_3ySBjTp2VV3X8texf9Zy4UwVEWwGy2wwzmL0FBsG73ep7WMcSKPs4B12oSiYcCpQrBHzV4Hk6HoQNmwF-7goqZJmbw_ 
artificial reefs to support Atlantic cod at Borssele 1 & 2 in the 
Netherlands; monitoring of 
https://www.globenewswire.com/Tracker?data=lSxfzO927bd5Eu6059L8H5EHO4L1iXJwlOXEEVDktQmq8PZOlI15wX-_rZ94azGLan3ISQxL7OMtO-e1p6AKFH0Y4N624LxUHl6ucofVqzySKCFuWD72_FLGC4gZLiMh 
crustacean habitats at Westermost Rough in the UK; and a programme to 
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protect and conserve the North Atlantic right whale. Still, there will 
be new challenges to solve when delivering on the new ambition. 
 
   Mads Nipper says: "With our ambition for a net-positive impact, we want 
to help create a world that runs entirely on green energy and set 
reinforced standards for how this is done in the most sustainable way. 
Integrating a net-positive biodiversity impact raises the bar, and we 
don't have all the answers yet to how to realise the ambition." 
 
 
 
 
 
   He continues: "I'm convinced that, by continuing to put sustainability 
at the heart of our business with our net-positive ambition, we'll 
unleash innovation to further catalyse green action in the energy 
industry and drive progress towards a low-carbon economy in balance with 
nature and society." 
 
   One of the challenges to be solved is the lack of industry-wide 
standardised approaches to measure biodiversity impact. Especially 
working in offshore environments, which are more dynamic and variable 
due to the forces of oceans, it is more complex to establish a baseline 
and measure the change. 
 
   Ørsted has therefore joined the 
https://www.globenewswire.com/Tracker?data=3IziqlXHrUSA7xTrpRxSQWShZ6bHNWz0aSUcsMPZXA0psCUokSD11_ed1310K-rj1R9PoBzP0dqiDm1YyA6g2RBryQGZH3Kxtqg6SjDliNVctEz-y6TKIO5kOH9qV-XF 
Science Based Targets Network Corporate Engagement Program to help 
develop nature science-based targets and advance long-term development 
of tools and guidance to measure its impact and dependencies on 
biodiversity, land, water, and oceans. 
 
   Track record of meeting ambitious sustainability goals 
 
   According to scientists, reducing carbon emissions is a powerful way to 
combat climate change and its impact on species and ecosystems. As one 
of the world's largest renewable energy companies and with 
carbon-reduction targets 
https://www.globenewswire.com/Tracker?data=G70i17wee1nPltHUlaLNxtQ_eZdrR_lWhUZ8ykdouJXvF0XU9IcjY5DDiE233be1bJFFC9S3XQH8bniuDfFN33jS9g7xkaBL92vTzNfzU8nBQvthwW5FLgKU7JCXBvyc5QFmcQbPT07tbNDiCWArKbrRysx-rYrbVWM9kY8Dl0KXDU0KG-Q1iw7LXytoJZXy4f8LeubNNOxvFziX4FDGYu27bHYqayRUm5i1i6KRfRIkC-UqIZp0r70SD0onedbt 
aligned with the 1.5degC pathway, Ørsted aims to address both the 
climate and biodiversity crisis through a sustainable build-out of green 
energy at scale. 
 
   Ørsted is on track to be 
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carbon-neutral in energy generation and operations by 2025 and targets a 
https://www.globenewswire.com/Tracker?data=G-qmJhyR6PCEY_V20_Z-4odiKnu-tmVohBBPquRltR56kVrikpNFSUywtejq4YSbsW2WOtttUX3dWRdBOBXmJa7n_67IpzlAnAvNPfm_w8iX8GwPw1OP51LoOy_-Q2m3L5i2bJzjh0SEyl3PeUbNvruei_VfnTHYl64zbz8aNvs= 
carbon-neutral supply chain in 2040. The company has transformed its 
business from fossil fuels to renewable energy and is 
https://www.globenewswire.com/Tracker?data=4QGr69jPTMY9hf2T_kP-sI6XSNqdeZyCzlBl25h6-HAIbw5FjUqrKsiXo5vcVfKqp_z1VNugKvAlF3FKU03zLxVH3ab4IUQUJf4vXJXrEdYmk-9hbxrqocyvoqyg3tes 
ranked the world's most sustainable energy company. 
 
   Fact box: Net-positive biodiversity impact 
 
 
   -- Biodiversity is defined as the variety of life in all forms, but is often 
      simplified to diversity within and between species and of ecosystems. 
 
   -- Within renewable energy development, biodiversity impact can be 
      understood as impact on the natural environment, which includes both 
      habitats and species, including terrestrial, marine, and other aquatic 
      ecosystems, and the ecological complexes. 
 
   -- A net-positive impact occurs when the totality of the biodiversity impact, 
      including through measures taken to offset the residual impact of a 
      development project, exceeds the loss, thereby creating an overall 
      benefit. 
 
 
   For further information, please contact: 
 
   Media Relations 
 
   Anders Stougaard 
 
   + 45 99 55 67 39 
 
   https://www.globenewswire.com/Tracker?data=hPK5-_R2q5jmNeY9ZT047JbNqEMPvrEHA5o7X_sy9_Mmaktfn3MvopTyJWUQs8yhT5nfPbHqeG3jZUA3n1MK3Q== 
astou@orsted.dk 
 
   Sustainability & Market Communications 
 
   Devapriyo Das 
 
   +45 99 55 46 14 
 
   https://www.globenewswire.com/Tracker?data=qBmK2C889yRyQQCX8yRWbc5OkcnV-4dcaQ3-AH6s246O1SJMBOLeX2jX67FlEiSZA1nsnpmkG5UCd9xEuWwBeg== 
dedas@orsted.dk 
 
   About Ørsted 
 
   The Ørsted vision is a world that runs entirely on green energy. 
Ørsted develops, constructs, and operates offshore and onshore wind 
farms, solar farms, energy storage facilities, and bioenergy plants, and 
provides energy products to its customers. Ørsted ranks as the 
world's most sustainable energy company in Corporate Knights' 2021 index 
of the Global 100 most sustainable corporations in the world and is 
recognised on the CDP Climate Change A List as a global leader on 
climate action. Headquartered in Denmark, Ørsted employs 6,311 
people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). 
In 2020, the group's revenue was DKK 52.6 billion (EUR 7.1 billion). 
Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and 
Twitter. 
 
   Attachment 
 
 
   -- EN_Press release_Net-positive biodiversity impact 
      https://ml-eu.globenewswire.com/Resource/Download/2e5dfd70-2f2e-4e69-9949-6e0d16cefe0c 
 
 
 
 
 
 
 

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June 03, 2021 04:15 ET (08:15 GMT)

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