Orsted AS 2020 AR2
The report highlights Ørsted's strong operational and financial performance in 2020, with operating profit (EBITDA) increasing by 4% to DKK 18.1 billion. The company made significant progress in its green transformation, increasing its green share of heat and power generation to 90% and expanding its installed renewable capacity to 11.3 GW. Key milestones included the commissioning of the Borssele 1 & 2 offshore wind farm in the Netherlands and three onshore wind farms in the US. Additionally, Ørsted signed the world's largest-ever renewable corporate power purchase agreement with TSMC and committed to becoming fully carbon-neutral by 2025.
Company: Orsted AS
Sector: Utilities
Country: Denmark
Year: 2020
Type: AR2
Pages: 193
Orsted AS
Annual Report
The report highlights Ørsted's strong operational and financial performance in 2020, with operating profit (EBITDA) increasing by 4% to DKK 18.1 billion. The company made significant progress in its green transformation, increasing its green share of heat and power generation to 90% and expanding its installed renewable capacity to 11.3 GW. Key milestones included the commissioning of the Borssele 1 & 2 offshore wind farm in the Netherlands and three onshore wind farms in the US. Additionally, Ørsted signed the world's largest-ever renewable corporate power purchase agreement with TSMC and committed to becoming fully carbon-neutral by 2025.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 3, 2021
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees