A sustainable energy company taking climate action
Fighting climate change is at the core of our business as a sustainable energy company. But one energy company can’t solve the climate crisis alone.
Let’s work together to take climate action
Science tells us that we need to at least halve global carbon emissions by 2030 to avoid climate catastrophe, yet emissions continue to rise year on year.
Energy accounts for 73 % of all emissions, which means that replacing fossil fuels with renewable energy is the main lever to combat climate change.
This is something we need to do in the right way, to maximise the benefits of the green energy transition for nature, society, and the economy.
To achieve this, businesses and governments need to work together.
Together we need:
- More renewable energy. For sustainable energy companies like Ørsted, that means increasing supply, through an accelerated build-out of green energy solutions like wind and solar power, and Power-to-X technologies. As the global leader in offshore wind, we're pioneering new renewable energy solutions in different locations around the world. For our customers and suppliers, it means increasing demand by purchasing green power.
- Science-based decarbonisation targets. When working towards net-zero, companies should set credible, comprehensive targets based on science – only relying on offsets for the most hard-to-abate residual emissions. We are proud to be the first energy company in the world to have a validated science-based net-zero target that covers our entire value chain. We’re on track to be carbon-neutral in energy generation and operations by 2025. Our next goal is to decarbonise our supply chain.
- Care for nature at the core of business strategy. Biodiversity loss and climate change are interconnected crises – we can’t solve one without addressing the other. When we build green energy, we need to build it right – in a way that restores and enhances nature. We’ve set the ambition to deliver a net-positive biodiversity impact from all new renewable energy projects we commission from 2030 – at the latest.
- Value beyond the value chain. The transition to green energy needs to become a race to the top – not just building renewable energy at a low cost, but also generating real, sustainable value for nature, society, and the economy.