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European Climate Pact
private sector

Vestas Wind Systems A/S

Overview

Location

Denmark

Sector

Capital goods

Organisation type
Business

Company Information

Vestas Wind Systems A/S is a public company working to provide sustainable energy solutions, by designing, manufacturing, installing, developing, and servicing wind energy and hybrid projects all over the world. Vestas' headquarters are in Aarhus, Denmark. In 2021, it reported a revenue of 15.6 billion Euro and 29,000 employees.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Vestas Wind Systems A/S has a target to reduce absolute scopes 1 and 2 CO2e emissions 100% by 2030 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy consumption
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process ​​​​​​​

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022