Orsted AS 2024 AR2
The report highlights Ørsted's progress in 2024, during which the company increased its installed renewable capacity by 16% to 18.2 GW, notably commissioning the Greater Changhua 1 and 2a offshore wind farms in Taiwan. The company achieved a significant milestone by shutting down its last coal-fired power station, putting it on track to reach a 99% renewable share of energy generation by 2025. Financially, Ørsted delivered an EBITDA of DKK 32.0 billion, while navigating industry headwinds and updating its business plan to focus capital allocation. Additionally, the company advanced its sustainability reporting to comply with the new European Sustainability Reporting Standards (ESRS) framework.
Company: Orsted AS
Sector: Utilities
Country: Denmark
Year: 2024
Type: AR2
Pages: 258
Orsted AS
Annual Report
The report highlights Ørsted's progress in 2024, during which the company increased its installed renewable capacity by 16% to 18.2 GW, notably commissioning the Greater Changhua 1 and 2a offshore wind farms in Taiwan. The company achieved a significant milestone by shutting down its last coal-fired power station, putting it on track to reach a 99% renewable share of energy generation by 2025. Financially, Ørsted delivered an EBITDA of DKK 32.0 billion, while navigating industry headwinds and updating its business plan to focus capital allocation. Additionally, the company advanced its sustainability reporting to comply with the new European Sustainability Reporting Standards (ESRS) framework.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 6, 2025
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:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees