Orsted AS
- Named executive owner
- Paris Agreement alignment
- Direct lobbying governance
Ørsted has implemented a structured governance framework for its political and regulatory engagement to align activities with its climate strategy, anchoring all efforts in the Paris Agreement goals and overseen by designated corporate functions. The company states it will "conduct all our political and regulatory engagement activities in line with the goals of the Paris Agreement," with "Group Regulatory Affairs coordinates the individual business units' local interests and ensures that positions and messages are consistent across markets and across business units" and working closely with the "Corporate Strategy department who acts as an advisory body to the CEO." Country specialists "keep track of new legal initiatives and changes to regulation within our footprint" to inform direct lobbying. However, Ørsted does not disclose a formal process for reviewing or aligning its indirect lobbying through industry associations against its climate policy, nor does it publish an independent audit or detailed report of its lobbying activities to demonstrate ongoing oversight and accountability.
This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in International or all companies in International.