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 2018 Annual Report

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