Oersted A/S

Common Name
Oersted
Country
Denmark
Sector
Utilities
Industry
Utilities - Renewable
Employees
8,661
Ticker
ORSTED
Exchange
NASDAQ COPENHAGEN A/S
Website
orsted.com
Description
Ørsted A/S is a prominent energy company based in Denmark, specializing in renewable energy solutions. Its primary function is to develop, construct, and operate a variety of renewable energy projects...

Oersted's Climate Target Data Preview

As of 2024, Oersted has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Oersted ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2040
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Oersted's Greenhouse Gas Emissions Pathways

As of 2024, Oersted has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Oersted have a target to reduce the emissions from its operations?

As of 2024, Oersted has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Oersted's most ambitious operational target is to reduce these emissions by 99% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2018.

As of 2024, Oersted is ahead of schedule on its operational emissions reduction target, having achieved 89.13% of the planned reduction.

Oersted's Operational (Scope 1+2) Emissions Pathway

2018202420252030204000000BaselineCurrent (-88%)

Does Oersted have a target to reduce the emissions from its value chain?

As of 2024, Oersted has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Oersted's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 24,300,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Oersted is ahead of schedule on its value chain emissions reduction target, having achieved 92.44% of the planned reduction.

Oersted's Value Chain (Scope 3) Emissions Pathway

201820242030204006.5 M13 M19.5 M26 MBaselineCurrent (-83%)Target 2030 (-67%)

Does Oersted have a target to reduce its total carbon footprint?

As of 2024, Oersted has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Oersted's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2018, by 99% by 2040.

As of 2024, Oersted is ahead of schedule on its total carbon footprint reduction target, having achieved 61.17% of the planned reduction.

Oersted's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201820242030204000000BaselineCurrent (-61%)Target 2030 (-77%)Target 2040 (-99%)
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