Vestas
Vestas Wind Systems A/S, commonly known as Vestas, is a leading global player in the renewable energy sector, headquartered in Denmark (DK). Founded in 1945, Vestas has established itself as a pioneer in wind turbine manufacturing and services, with a strong operational presence across Europe, North America, and Asia. The company focuses on the design, manufacture, installation, and maintenance of wind turbines, offering innovative solutions that enhance energy efficiency and sustainability. Vestas is renowned for its commitment to advancing wind technology, with a diverse portfolio of products that cater to various market needs. With a significant market share and numerous industry accolades, Vestas continues to drive the transition to renewable energy, solidifying its position as a trusted leader in the wind energy landscape.
DitchCarbon Score
How does Vestas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Wind Power industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vestas's score of 63 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vestas's reported carbon emissions
In 2024, Vestas reported total carbon emissions of approximately 7,770,000,000 kg CO2e, with Scope 1 emissions at about 104,000,000 kg CO2e, Scope 2 emissions at approximately 1,000,000 kg CO2e (market-based), and Scope 3 emissions reaching about 7,690,000,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 55% reduction in emissions from its own operations by 2025, and achieving carbon neutrality by 2030 without relying on carbon offsets. This commitment encompasses both Scope 1 and Scope 2 emissions. In 2023, Vestas's total emissions were reported at approximately 8,090,000,000 kg CO2e, with Scope 1 emissions at about 108,000,000 kg CO2e and Scope 2 emissions at approximately 1,000,000 kg CO2e (market-based). The company has also committed to reducing Scope 3 emissions by 45% per MWh delivered to the market by 2030, using 2019 as the baseline year. Vestas's climate strategy includes a focus on reducing emissions intensity, with a target of 10% reduction in carbon footprint by 2020 from a baseline of 6.60 grams CO2 per kWh in 2017. The company is actively working towards these goals as part of its broader sustainability initiatives, reinforcing its commitment to environmental responsibility and climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 66,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 48,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,820,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vestas is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
