Orsted A/S 2017 AR2
The report highlights Ørsted's strategic transformation from a coal, oil, and gas-intensive utility to a global leader in green energy, marked by the divestment of its oil and gas business and a name change from DONG Energy to Ørsted in 2017. The company achieved its best-ever financial results with an operating profit (EBITDA) of DKK 22.5 billion, driven by strong growth in its Wind Power business. Key milestones included the phase-out of coal by 2023, the conversion of power stations to sustainable biomass, and the expansion of offshore wind capacity. Additionally, Ørsted reduced its greenhouse gas intensity by 33% and achieved a historically low lost-time injury frequency of 1.6.
Company: Orsted A/S
Sector: Energy utilities
Country: Denmark
Year: 2017
Type: AR2
Pages: 173
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Orsted A/S
Annual Report
The report highlights Ørsted's strategic transformation from a coal, oil, and gas-intensive utility to a global leader in green energy, marked by the divestment of its oil and gas business and a name change from DONG Energy to Ørsted in 2017. The company achieved its best-ever financial results with an operating profit (EBITDA) of DKK 22.5 billion, driven by strong growth in its Wind Power business. Key milestones included the phase-out of coal by 2023, the conversion of power stations to sustainable biomass, and the expansion of offshore wind capacity. Additionally, Ørsted reduced its greenhouse gas intensity by 33% and achieved a historically low lost-time injury frequency of 1.6.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Feb 1, 2018
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
Workplace Fatalities
Employees