Orsted AS 2018 AR2
The report outlines Ørsted's strategic and financial performance for 2018, highlighting its transition toward becoming a leading global green energy company. Key achievements include increasing the green share of heat and power generation to 75% and reducing greenhouse gas intensity to 131g CO2e/kWh. The company expanded its global footprint through the strategic acquisitions of Lincoln Clean Energy and Deepwater Wind in the United States. Financially, Ørsted achieved its best operating profit (EBITDA) to date of DKK 30.0 billion, driven by offshore wind farms and the 50% farm-down of the Hornsea 1 project. Additionally, the company improved workplace safety, reaching a record-low total recordable injury rate (TRIR) of 4.7.
Company: Orsted AS
Sector: Utilities
Country: Denmark
Year: 2018
Type: AR2
Pages: 193
Orsted AS
Annual Report
The report outlines Ørsted's strategic and financial performance for 2018, highlighting its transition toward becoming a leading global green energy company. Key achievements include increasing the green share of heat and power generation to 75% and reducing greenhouse gas intensity to 131g CO2e/kWh. The company expanded its global footprint through the strategic acquisitions of Lincoln Clean Energy and Deepwater Wind in the United States. Financially, Ørsted achieved its best operating profit (EBITDA) to date of DKK 30.0 billion, driven by offshore wind farms and the 50% farm-down of the Hornsea 1 project. Additionally, the company improved workplace safety, reaching a record-low total recordable injury rate (TRIR) of 4.7.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Jan 31, 2019
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