Orsted A/S 2016 AR2
The report highlights DONG Energy's significant progress in its green transformation during 2016, including the decision to stop using coal altogether by 2023 and to divest its oil and gas business. The company doubled its operating profit (EBITDA) for continuing operations to DKK 19.1 billion, driven by strong growth in Wind Power, which accounted for 62% of the Group's EBITDA. Key achievements included installing 0.6 GW of new offshore wind capacity, completing coal-to-biomass conversions at two CHP plants, and launching the world's first commercial-scale REnescience waste-to-energy plant in the UK. Additionally, the company completed the largest IPO in Danish history in June 2016.
Company: Orsted A/S
Sector: Energy utilities
Country: Denmark
Year: 2016
Type: AR2
Pages: 191
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Orsted A/S
Annual Report
The report highlights DONG Energy's significant progress in its green transformation during 2016, including the decision to stop using coal altogether by 2023 and to divest its oil and gas business. The company doubled its operating profit (EBITDA) for continuing operations to DKK 19.1 billion, driven by strong growth in Wind Power, which accounted for 62% of the Group's EBITDA. Key achievements included installing 0.6 GW of new offshore wind capacity, completing coal-to-biomass conversions at two CHP plants, and launching the world's first commercial-scale REnescience waste-to-energy plant in the UK. Additionally, the company completed the largest IPO in Danish history in June 2016.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Feb 2, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees