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Public Profile
Wind Power
DK
updated a month ago

Orsted Sustainability Profile

Company website

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.

DitchCarbon Score

How does Orsted'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.

75

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.

29

Industry Benchmark

Orsted's score of 75 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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Orsted's reported carbon emissions

In 2023, Ørsted reported total greenhouse gas emissions of approximately 7.2 billion kg CO2e, comprising 1.585 billion kg CO2e from Scope 1, 1 million kg CO2e from Scope 2, and 5.631 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2025. This includes a target to reduce emissions intensity in energy generation and operations by at least 98% from 2006 levels, covering Scope 1 and 2 emissions. Ørsted is also committed to reducing absolute Scope 3 emissions from natural gas sales by at least 90% by 2040, which translates to less than 2.4 million tonnes CO2e. The company plans to scale its green energy capacity from 13 GW in 2021 to 50 GW by 2030 while reducing supply chain emissions. Near-term targets include a 93% reduction in Scope 1 and 2 emissions per kWh by 2025 from a 2018 base year, and a 77% reduction in total Scope 1, 2, and 3 emissions per kWh by 2030. Long-term goals extend to a 99% reduction in Scope 1, 2, and 3 emissions per kWh by 2040 from the same base year. These commitments align with Ørsted's participation in the Science Based Targets initiative (SBTi) and its pledge to achieve net-zero emissions across its value chain by 2040.

Unlock detailed emissions data

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

20062017201820192020202120222023
Scope 1
18,300,000,000
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
200,000,000
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000

How Carbon Intensive is Orsted's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Orsted's primary industry is Wind Power, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Orsted's Location?

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 Orsted is in DK, which has a very low grid carbon intensity relative to other regions.

Orsted's Scope 3 Categories Breakdown

Orsted's Scope 3 emissions, which decreased by 49% last year and decreased by approximately 84% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 78% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.

Top Scope 3 Categories

2023
Use of Sold Products
69%
Fuel and Energy Related Activities
23%
Capital Goods
2%

Orsted'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.

Orsted 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.

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

Compare Orsted's Emissions with Industry Peers

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Siemens

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Machinery and equipment n.e.c. (29)
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PGE Polska Grupa Energetyczna

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Electricity nec
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Polskie Górnictwo Naftowe i Gazownictwo S.A.

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•
Distribution services of gaseous fuels through mains
Updated about 1 month ago

Enbw

DE
•
Electricity nec
Updated 6 days ago

Frequently Asked Questions

Common questions about Orsted's sustainability data and climate commitments

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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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