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... 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 globally, notably in the offshore wind and bioenergy sectors. Ørsted is renowned for being a leader in transitioning from fossil fuels to sustainable resources, aiming to create a world that runs entirely on green energy. The company operates in several key regions, including Europe, North America, and Asia Pacific, enhancing its impact across various energy markets. Ørsted A/S plays a significant role in the global investment landscape due to its innovative approach to renewable energy and strong market presence, as well as its commitment to reducing carbon emissions and fostering sustainable development. Thus, Ørsted not only influences energy markets with its strategic projects but also supports the global shift towards cleaner energy alternatives, exemplifying the evolving focus on sustainability in the industrial sector.
In 2024, Oersted was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Oersted has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Oersted are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2024
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2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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Metric (tonnes)
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2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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3.10 CCM/CCA - Manufacture of hydrogen
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology, 4.10 CCM/CCA - Storage of electricity
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4.10 CCM/CCA - Storage of electricity
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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Limited Data Preview
You are viewing a limited preview of Oersted’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind Oersted’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Oersted’s data sources below and access millions more through our Disclosure Search.
a. Oersted's Annual Report 2024
b. Oersted's Annual Report 2023
c. Oersted's ESG Report 2022
Insights into Oersted's Revenues from Sustainable Activities
In 2024, Oersted reported EU Taxonomy-eligible revenues of DKK 64.79 billion, representing 91% of its total turnover. Of this amount, DKK 64.38 billion of Oersted's revenues was classified as EU Taxonomy-aligned, indicating that 91% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Oersted's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Oersted's revenues become more sustainable over time?
Compared to the previous year (2023), Oersted's taxonomy-aligned revenues increased by 5.81%,highlighting Oersted's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Oersted's revenue is eligible under the EU Taxonomy?
In 2024, Oersted reported that DKK 64.79 billion of its revenue was eligible under the EU Taxonomy, representing 91% of the company's total turnover. Of this amount, DKK 64.38 billion (91% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Oersted's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Oersted's eligible revenue is aligned with the EU Taxonomy?
In 2024, Oersted reported that DKK 64.38 billion of its revenue was aligned under the EU Taxonomy, representing 91% of its total turnover.a
This strong alignment suggests that Oersted has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Oersted's Eligibility & Alignment Overview
Oersted's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Oersted's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Oersted reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 91%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Oersted earn from selling climate-related solutions ?
In 2024, Oersted reported that DKK 64.64 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 91% of the company's total revenue,indicating that Oerstedprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Oersted's CAPEX from Sustainable Activities
In 2024, Oersted reported EU Taxonomy-eligible CAPEX of DKK 46.82 billion,representing 99% of its total CAPEX. Of this amount, DKK 46.80 billion of Oersted's CAPEX was classified as EU Taxonomy-aligned, indicating that 99% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Oersted's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Oersted's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Oersted's taxonomy-aligned CAPEX remained relatively stable, indicating that Oersted maintained consistent levels of green capital expenditure, with no significant expansion or retreat in its taxonomy-aligned investment strategy.a, b
How much of Oersted's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Oersted reported that DKK 46.82 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 99% of the company's total CAPEX. Of this amount, DKK 46.80 billion (99% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Oersted's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Oersted's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Oersted reported that DKK 46.80 billion of its CAPEX was aligned under the EU Taxonomy, representing 99% of its total capital investment.a
This strong alignment suggests that Oersted is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Oersted's Eligibility & Alignment Overview
Oersted's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Oersted's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Oersted reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Oersted is investing in climate-related solutions?
In 2024, Oersted allocated DKK 46.62 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 99% of the company's total capital expenditure,indicating that Oerstedis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Oersted's OPEX from Sustainable Activities
In 2024, Oersted reported EU Taxonomy-eligible OPEX of DKK 2.67 billion,representing 87% of its total operating expenses (OPEX). Of this amount, DKK 2.66 billion of Oersted's OPEX was classified as EU Taxonomy-aligned, indicating that 86% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Oersted's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Oersted's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Oersted's taxonomy-aligned OPEX increased by 8.86%,highlighting Oersted's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
How much of Oersted's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Oersted reported that DKK 2.67 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 87% of the company's total OPEX. Of this amount, DKK 2.66 billion (86% of total OPEX) was classified as Taxonomy-aligned. This means that 1% of Oersted's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Oersted's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Oersted reported that DKK 2.66 billion of its OPEX was aligned under the EU Taxonomy, representing 86% of its total operational expenditure.a
This strong alignment suggests that Oersted is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Oersted's Eligibility & Alignment Overview
Oersted's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Oersted's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Oersted reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 86%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Oersted's operational budget supports climate-related solutions?
In 2024, Oersted allocated DKK 2.65 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 86% of the company's total OPEX,indicating that Oerstedis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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