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Financial Intermediation
DK
updated 7 months ago

MHI Vestas Offshore Wind A/S

Company website

MHI Vestas Offshore Wind A/S, a prominent player in the renewable energy sector, is headquartered in Denmark (DK) and operates extensively across Europe and Asia. Founded in 2014 as a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems, the company has quickly established itself as a leader in offshore wind turbine manufacturing and installation. Specialising in high-capacity wind turbines, MHI Vestas is renowned for its innovative technology and commitment to sustainability. Their core products, including the V164 and V174 turbines, are designed to maximise energy output while minimising environmental impact. With a strong market position, MHI Vestas has achieved significant milestones, including the installation of some of the world's largest offshore wind farms, solidifying its reputation as a key contributor to the global transition towards clean energy.

DitchCarbon Score

How does MHI Vestas Offshore Wind A/S'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.

79

Industry Average

Mean score of companies in the Financial Intermediation 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.

28

Industry Benchmark

MHI Vestas Offshore Wind A/S's score of 79 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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MHI Vestas Offshore Wind A/S's reported carbon emissions

Inherited from Vestas Wind Systems A/S

MHI Vestas Offshore Wind A/S currently does not report specific carbon emissions data, as no emissions figures are available. However, the company is a current subsidiary of Vestas Wind Systems A/S, which influences its climate commitments and initiatives. Vestas Wind Systems A/S has established significant climate targets, including those set through the Science Based Targets initiative (SBTi) and other sustainability frameworks. These targets are cascaded to MHI Vestas Offshore Wind A/S, reflecting a commitment to reducing carbon emissions across its operations. The company is aligned with industry standards for climate action, focusing on enhancing sustainability in offshore wind energy production. While specific reduction targets for MHI Vestas Offshore Wind A/S are not detailed, the overarching goals from Vestas indicate a proactive approach to mitigating climate impact. The commitment to renewable energy and sustainable practices is integral to the company's operations, contributing to the broader efforts in the wind energy sector to combat climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
50,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
Scope 2
29,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
-
0,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MHI Vestas Offshore Wind A/S's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for MHI Vestas Offshore Wind A/S is in DK, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

MHI Vestas Offshore Wind A/S is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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