Vestas Wind Systems AS 2024 AR2
The report highlights Vestas' financial and operational progress in 2024, achieving a revenue of EUR 17.3bn and an improved EBIT margin before special items of 4.3 percent. The company reached a record-high combined order backlog of EUR 68.4bn, driven by strong onshore and offshore order intake. In sustainability, Vestas introduced low-emission steel towers in its product portfolio and advanced its circular recycling method for epoxy-infused blades. Although the company made progress, it acknowledged that it will not meet its 2025 Scope 1 and 2 greenhouse gas reduction targets due to the expansion of its offshore activities.
Company: Vestas Wind Systems AS
Sector: Industrials
Country: Denmark
Year: 2024
Type: AR2
Pages: 221
Vestas Wind Systems AS
Annual Report
The report highlights Vestas' financial and operational progress in 2024, achieving a revenue of EUR 17.3bn and an improved EBIT margin before special items of 4.3 percent. The company reached a record-high combined order backlog of EUR 68.4bn, driven by strong onshore and offshore order intake. In sustainability, Vestas introduced low-emission steel towers in its product portfolio and advanced its circular recycling method for epoxy-infused blades. Although the company made progress, it acknowledged that it will not meet its 2025 Scope 1 and 2 greenhouse gas reduction targets due to the expansion of its offshore activities.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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