LM Wind Power Sustainability Profile
LM Wind Power, a leading manufacturer in the wind energy sector, is headquartered in Denmark (DK) and operates extensively across Europe, North America, and Asia. Founded in 1940, the company has established itself as a pioneer in the design and production of wind turbine blades, contributing significantly to the global shift towards renewable energy. With a focus on innovation, LM Wind Power offers a range of advanced blade solutions that enhance efficiency and performance, setting them apart in a competitive market. The company has achieved notable milestones, including the production of the world's longest wind turbine blade, showcasing its commitment to sustainability and technological advancement. As a key player in the wind energy industry, LM Wind Power continues to drive progress, supporting the transition to a greener future.
DitchCarbon Score
How does LM Wind Power's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Wind Power industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
LM Wind Power's score of 65 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LM Wind Power's reported carbon emissions
In 2023, LM Wind Power, headquartered in Denmark (DK), reported total carbon emissions of approximately 1,128,535,000 kg CO2e. This figure includes 12,821,000 kg CO2e from Scope 1 emissions and a significant 1,115,714,000 kg CO2e from Scope 3 emissions, with no reported Scope 2 emissions. This represents a slight increase from 2022, when total emissions were about 1,238,196,000 kg CO2e, with Scope 1 emissions at 21,750,000 kg CO2e and Scope 3 emissions at 1,216,339,000 kg CO2e. LM Wind Power has set ambitious climate commitments, aiming to manufacture zero waste blades by 2030. This initiative is part of their broader vision to contribute to a sustainable world, ensuring that no packaging or materials from blade manufacturing are sent to landfill or incineration without energy recovery. This commitment applies to both Scope 1 and Scope 2 emissions. The emissions data for LM Wind Power is cascaded from its parent company, General Electric Company, reflecting the corporate family's sustainability initiatives. As a current subsidiary, LM Wind Power aligns its climate strategies with those of General Electric, which is actively engaged in various climate pledges and initiatives.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 21,554,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 66,717,000 | 00,000,000 | 00,000 | - | - | - | - | - |
| Scope 3 | 123,053,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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LM Wind Power's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LM Wind Power has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
