Vestas Wind Systems A/S

Common Name
Vestas Wind Systems
Country
Denmark
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
35,927
Ticker
VWS
Exchange
NASDAQ COPENHAGEN A/S
Description
Vestas Wind Systems A/S is a global leader in the renewable energy sector, specializing in the design, manufacturing, installation, and servicing of wind turbines. Founded in Denmark in 1945, the comp...

Vestas Wind Systems's Climate Target Data Preview

As of 2024, Vestas Wind Systems has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, 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 Vestas Wind Systems ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030

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 Vestas Wind Systems's Greenhouse Gas Emissions Pathways

As of 2024, Vestas Wind Systems 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 Vestas Wind Systems have a target to reduce the emissions from its operations?

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

Vestas Wind Systems's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 114,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Vestas Wind Systems is lagging behind on its operational emissions reduction target, having achieved 7.89% of the planned reduction.

Vestas Wind Systems's Operational (Scope 1+2) Emissions Pathway

2019202420252030030 k60 k90 k120 kCurrent (-8%)Target 2025 (-55%)Target 2030 (-100%)

Does Vestas Wind Systems have a target to reduce the emissions from its value chain?

As of 2024, Vestas Wind Systems has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

Vestas Wind Systems's most ambitious value chain target is to reduce these emissions by 45% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2019.

As of 2024, Vestas Wind Systems is lagging behind on its value chain emissions reduction target, having achieved 37.8% of the planned reduction.

Vestas Wind Systems's Value Chain (Scope 3) Emissions Pathway

20192024203000000BaselineCurrent (-17%)Target 2030 (-45%)
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