Public Profile

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.

53

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Vestas's score of 53 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Vestas's reported carbon emissions

In 2023, Vestas Wind Systems reported total greenhouse gas emissions of approximately 109,000,000 kg CO2e, comprising Scope 1 emissions of about 108,000,000 kg CO2e, Scope 2 emissions of about 1,000,000 kg CO2e, and significant Scope 3 emissions of approximately 7,678,800,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, Vestas targets a 45% reduction in Scope 3 emissions per megawatt-hour (MWh) delivered to the market by the same year. Vestas's commitment to sustainability is further underscored by its alignment with the Science Based Targets initiative (SBTi), which classifies its near-term targets as consistent with limiting global warming to 1.5°C. The company also aims for net-zero emissions across all scopes by 2050, reinforcing its dedication to addressing climate change and reducing its carbon footprint in the renewable energy sector.

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Add to project
201820192020202120222023
Scope 1
69,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
Scope 2
61,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
0,000,000,000
00,000,000,000
00,000,000,000
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. Vestas's primary industry is , 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. Vestas is headquartered in DK, which has a rank of low, indicating low grid carbon 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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