Vestas
Vestas Wind Systems A/S, commonly known as Vestas, is a leading global player in the renewable energy sector, headquartered in Denmark (DK). Founded in 1945, Vestas has established itself as a pioneer in wind turbine manufacturing and services, with a strong operational presence across Europe, North America, and Asia. The company focuses on the design, manufacture, installation, and maintenance of wind turbines, offering innovative solutions that enhance energy efficiency and sustainability. Vestas is renowned for its commitment to advancing wind technology, with a diverse portfolio of products that cater to various market needs. With a significant market share and numerous industry accolades, Vestas continues to drive the transition to renewable energy, solidifying its position as a trusted leader in the wind energy landscape.
DitchCarbon Score
How does Vestas'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
Vestas's score of 59 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vestas's reported carbon emissions
In 2023, Vestas Wind Systems, headquartered in Denmark (DK), reported total greenhouse gas emissions of approximately 8,090,000,000 kg CO2e. This figure includes 108,000,000 kg CO2e from Scope 1 emissions and 1,000,000 kg CO2e from Scope 2 emissions, with the majority of emissions attributed to Scope 3, which totalled around 7,660,000,000 kg CO2e. Vestas has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, the company targets a 45% reduction in Scope 3 emissions per megawatt-hour (MWh) delivered to the market by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Vestas's commitment to sustainability is further underscored by its inclusion of biogenic emissions and removals from bioenergy feedstocks in its target boundaries. The company is actively working towards these goals as part of its broader strategy to enhance its environmental performance and contribute to climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 69,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 61,000,000 | 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
Location emissions intensity
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.
Vestas is committed to some reduction initiatives 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.
