Vestas Wind Systems AS 2020 AR2
The report outlines Vestas' financial, operational, and sustainability performance for the fiscal year 2020. During the year, the company launched its new sustainability strategy, 'Sustainability in Everything We Do,' and became the first wind energy manufacturer to have its carbon reduction targets validated by the Science Based Targets initiative (SBTi) in line with a 1.5°C scenario. Vestas achieved a 33 percent reduction in carbon emissions from its own operations, primarily by sourcing 100 percent of its electricity from renewable sources. Additionally, the company acquired full ownership of the MHI Vestas Offshore Wind joint venture to accelerate its offshore wind capabilities.
Company: Vestas Wind Systems AS
Sector: Industrials
Country: Denmark
Year: 2020
Type: AR2
Pages: 71
Vestas Wind Systems AS
Annual Report
The report outlines Vestas' financial, operational, and sustainability performance for the fiscal year 2020. During the year, the company launched its new sustainability strategy, 'Sustainability in Everything We Do,' and became the first wind energy manufacturer to have its carbon reduction targets validated by the Science Based Targets initiative (SBTi) in line with a 1.5°C scenario. Vestas achieved a 33 percent reduction in carbon emissions from its own operations, primarily by sourcing 100 percent of its electricity from renewable sources. Additionally, the company acquired full ownership of the MHI Vestas Offshore Wind joint venture to accelerate its offshore wind capabilities.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees