Q3 2023 Financial Highlights & Renewable Capacity Update
Our strategic sustainability priorities & targets
Orsted
AFFORDABLE AND
CLEAN ENERGY
CLIMATE
ACTION
Science-aligned climate
Aspiration
action
We scale our green energy business
while delivering science-aligned
emissions reductions, thereby
enabling our customers to also take
climate action.
Key sustainability targets
•
•
2025: 98% reduction in scope
1-
2 emissions intensity (from 2006)
2032: 50 % absolute reduction in
scope
3 emissions (from 2018)
2040: Net-zero emissions in scope
1-3 and 90% reduction in
absolute emissions (scope 3, from
gas sales)
Green energy that revives
Aspiration
nature
We work to ensure that each of our
energy projects contributes
positively to a thriving nature.
Key sustainability targets
2025: 40% reduction in
freshwater withdrawal intensity
(m3 per GWh)
2030: Net-positive biodiversity
impact from all new renewable
energy projects commissioned
from 2030 at the latest
Today: Zero wind turbine blade
waste directed to landfill
Today: Zero solar panel waste
directed to landfill
A green transformation that
works for people
Aspiration
We focus our efforts on making the
green energy transition just and
inclusive.
Key sustainability targets
2023: Develop external human
rights reporting and track our
most salient human rights risks
2025: Achieve a total recordable
injury rate (TRIR) of 2.5 per million
hours worked
2030: Reach a 40:60 gender
balance in our total workforce
(women:men)
Employee satisfaction: Be in the
top 10% among benchmarking
companies
Governance that enables the
right decisions
Aspiration
To deliver on our sustainability goals,
we continuously work to integrate
sustainability and integrity into
processes and decision-making across
our organisation.
Key sustainability targets
Sustainability embedded
consistently across relevant
steps of our operating model
All future projects are EU
taxonomy-aligned
Code of conduct risk screenings
on all sourcing contracts above
DKK 3 million
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