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 EU Taxonomy Data Preview

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)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
0000000
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This table provides a simplified preview of selected EU Taxonomy 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 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).

Oersted's Taxonomy-Eligible Turnover Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • 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.

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.

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.

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

Total TaxonomyNon-Eligible BTurnover(9.0%)Total TaxonomyAligned A1 Turnover(91.0%)

Oersted's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible turnover
  • 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 objectives:

  • 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 Oersted primarily focuses on solutions that support climate action through its commercial activities.

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).

Oersted's Taxonomy-Eligible Capex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • 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.

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).

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.

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

Total TaxonomyNon-Eligible B Capex(1.0%)Total TaxonomyAligned A1 Capex(99.0%)

Oersted's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • 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 objectives:

  • 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 Oersted is prioritizing climate-focused investments as a central part of its overall capital strategy.

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).

Oersted's Taxonomy-Eligible Opex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • 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.

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).

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.

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

Total TaxonomyNon-Eligible B Opex(13.0%)Total TaxonomyAligned A1 Opex(86.0%)Total TaxonomyEligible but NotAligned A2 Opex(1.0%)

Oersted's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible opex
  • 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 objectives:

  • 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 Oersted is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.

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