April 03, 2020

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CSR Profile of Ørsted

At Ørsted, our vision is a world that runs entirely on green energy. We want to revolutionise the way we power people by developing green, independent and economically viable energy systems. By doing so, we create value for the societies that we’re a part of and for all our stakeholders.

A decade ago, we initiated our transformation from a black to a green energy company. Since then, we’ve reduced our use of coal by 73% as we convert our power stations to use sustainable biomass, and more than halved our carbon emissions. By 2023, we’ll be completely coal-free and will have reduced our carbon emissions by 96%. In 2017, we sold our oil and gas production business.

Over the past 25 years, we’ve established our company as a global leader in offshore wind with a 25% market share. We develop, construct and operate offshore wind farms, and we’ve built enough offshore wind farms to power 9.5 million people. By 2025, our ambition is to triple this number and power 30 million people from our offshore wind farms.

Headquartered in Denmark, Ørsted employs 5,600 people. Ørsted’s shares are listed on Nasdaq Copenhagen [Orsted]. In 2016, the company’s revenue was DKK 61 billion (EUR 8.2 billion). For more information on Ørsted, visit orsted.com or follow us on Facebook, LinkedIn, Instagram or Twitter.

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