Oersted A/S
Oersted's GHG Emissions Data Preview
In 2024, Oersted completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Oersted has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
a
a
a
a
a
a
a
a
aVerified Sources Behind Oersted’s Greenhouse Gas (GHG) Emissions 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.
Insights into Oersted's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Oersted amounted to 792,224 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Oersted decreased by 52.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Oersted's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Oersted's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Oersted were 733,299 metric tons of CO₂ equivalent (tCO₂e).a
Has Oersted reduced its Scope 1 emissions over time?
Since 2020, Oersted's Scope 1 emissions have decreased by 60.38%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Oersted's Scope 1 emissions decreased by 53.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Oersted's Scope 2 emissions?
In 2024, Oersted reported Scope 2 greenhouse gas (GHG) emissions of 875 tCO₂e using the market-based method and 58,925 tCO₂e using the location-based method.a
Has Oersted reduced its Scope 2 emissions over time?
Since 2020, Oersted's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 46.91%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Oersted's Scope 2 emissions (Location-Based) fell by 36.61% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Oersted use for Scope 2 reporting?
In 2024, Oersted reported its Scope 2 emissions using the market-based method and using the location-based method.a
Oersted's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Oersted's Value Chain Emissions
In 2024, Oersted reported 9,043,386 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Oersted includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Oersted's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Oersted's Scope 3 emissions?
In 2024, Oersted reported total Scope 3 emissions of 9,043,386 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 55.41% of these emissions originated from upstream activities such as purchased goods and capital goods, while 44.59% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Oersted reduced its Scope 3 emissions over time?
Since 2020, Oersted's Scope 3 emissions have decreased by 64.3%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Oersted's Scope 3 emissions increased by 60.59%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Oersted disclose?
In 2024, Oersted reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Oersted's Scope 3 emissions?
In 2024, the largest contributors to Oersted's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 4,032,177 tCO₂e (44.59%)
- Capital Goods (Cat. 2): 3,050,022 tCO₂e (33.73%)
- Fuel- and Energy-Related Services (Cat. 3): 1,390,869 tCO₂e (15.38%)
Oersted's Scope 3 Emissions by Categories
Insights into Oersted’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Oersted reported Scope 1 greenhouse gas (GHG) emissions of 733,299 tCO₂e and total revenues of USD 8,199 millions. This translates into an emissions intensity of 89.43 tCO₂e per millions USD.a
Oersted's Scope 1 Emissions Intensity Compared to Peers
How does Oersted's GHG emissions intensity compare to its peers?
In 2024, Oersted reported a Scope 1 emissions intensity of 89.43 tCO₂e per millions USD. Compared to the peer group median of 17.29, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Oersted rank on GHG emissions intensity within its industry?
In 2024, Oersted ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Oersted is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Oersted's Total Carbon Footprint
In 2024, Oersted reported a total carbon footprint of 9,835,610 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.56% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Oersted's total carbon footprint was Scope 3 emissions, accounting for 91.95% of the company's total carbon footprint, followed by Scope 1 emissions at 7.46%.a