Ørsted

Ørsted

Executive Council

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The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognized on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,120 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the group's revenue was DKK 67.8 billion (EUR 9.1 billion).

We believe that it's time to take real action to create a world that runs on green energy. Renewable energy holds the key to a cleaner future, and we need to act now to reduce the effects of climate change.

Despite the progress, we believe that more can be done to reduce the consequences of climate change. More than a third of the global carbon emissions stem from energy generation.

This huge figure made us rethink our business strategy back in 2008, and that’s when we embarked on our journey of transforming from a fossil-fuel to a renewable energy company. We increased our investments in offshore wind farms and started to convert our power stations from firing coal to using sustainable biomass as fuel. In 2017, we took the final step and divested our oil and gas business.

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