Ørsted, formerly known as DONG Energy, is a global leader in renewable energy, headquartered in Denmark (DK). Founded in 1972, the company has transformed from a traditional fossil fuel provider to a pioneering force in offshore wind energy, with significant operations across Europe, North America, and Asia.
Ørsted's core offerings include offshore and onshore wind farms, solar energy solutions, and energy storage systems, distinguished by their commitment to sustainability and innovation. The company has achieved notable milestones, such as becoming the world's largest developer of offshore wind farms, solidifying its market position as a frontrunner in the green energy sector. With a vision to create a world that runs entirely on green energy, Ørsted continues to set benchmarks in the industry, driving the transition towards a sustainable future.
+44 vs industry average
Orsted’s score of 64 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Wind Power is among the most carbon-intensive industries
Industry performance
The Wind Power industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Orsted's reported carbon emissions
In 2024, Ørsted reported total greenhouse gas emissions of approximately 9.0 billion kg CO2e, comprising 733.3 million kg CO2e from Scope 1, 58.9 million kg CO2e from Scope 2, and about 9.0 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 98% reduction in Scope 1 and 2 emissions per kWh by 2025 from a 2006 baseline, and a 50% reduction in absolute Scope 3 emissions by 2032 from a 2018 baseline. Furthermore, Ørsted is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2040. The long-term targets include a 99.8% reduction in Scope 1 and 2 emissions per kWh by 2040 and a 90% reduction in absolute Scope 3 emissions from the use of sold products by 2040, both from 2018 baselines. Ørsted's initiatives reflect its commitment to sustainability and its role in the energy sector, particularly in transitioning to renewable energy sources. The company is also a signatory of the Amazon Climate Pledge, reinforcing its dedication to climate action.
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Orsted’s Climate Goals (2030 & 2050)
1 goal2040
90% reduction in scope 3 total
We have committed to reduce our absolute scope 3 emissions from natural gas sales by at least 90% by 2040, equivalent to <2.4 MtCO2e, as we…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Orsted’s sustainability data and climate commitments
Data year: 2024
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