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 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 company has evolved to become the world’s largest manufacturer of wind turbines, with operations spanning onshore and offshore wind power solutions. The primary business activities include the sale of wind turbines and wind energy systems, which accounted for nearly 79% of net sales in 2024, alongside a significant service division that provides maintenance, warranty extensions, and a range of data-driven consultancy offerings for wind power plants. Vestas supplies its solutions worldwide, with geographically diversified sales across Europe, the Americas, and Asia-Pacific, and maintains a workforce of over 35,000 employees. Through its comprehensive approach—covering manufacturing, installation, and ongoing support—Vestas plays a pivotal role in advancing global clean energy adoption and supporting the transition to sustainable power generation infrastructures.
In 2024, Vestas Wind Systems 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.
Vestas Wind Systems has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Vestas Wind Systems are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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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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3.1 CCM/CCA - Manufacture of renewable energy technologies
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4.3 CCM/CCA - Electricity generation from wind power
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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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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3.1 CCM/CCA - Manufacture of renewable energy technologies
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4.3 CCM/CCA - Electricity generation from wind power
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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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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3.1 CCM/CCA - Manufacture of renewable energy technologies
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4.3 CCM/CCA - Electricity generation from wind power
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Limited Data Preview
You are viewing a limited preview of Vestas Wind Systems’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 2022.
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Verified Sources Behind Vestas Wind Systems’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 Vestas Wind Systems’s data sources below and access millions more through our Disclosure Search.
a. Vestas Wind Systems's Annual Report 2024
b. Vestas Wind Systems's Sustainability Report 2023
c. Vestas Wind Systems's Sustainability Report 2022
Insights into Vestas Wind Systems's Revenues from Sustainable Activities
In 2024, Vestas Wind Systems reported EU Taxonomy-eligible revenues of EUR 17.08 billion, representing 99% of its total turnover. Of this amount, EUR 17.08 billion of Vestas Wind Systems's revenues was classified as EU Taxonomy-aligned, indicating that 99% 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
Vestas Wind Systems's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Vestas Wind Systems's revenues become more sustainable over time?
Since 2022, Vestas Wind Systems's taxonomy-aligned revenues increased by 3.13%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
Compared to the previous year (2023), Vestas Wind Systems's taxonomy-aligned revenues remained relatively stable, indicating that Vestas Wind Systems maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.a, b
How much of Vestas Wind Systems's revenue is eligible under the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 17.08 billion of its revenue was eligible under the EU Taxonomy, representing 99% of the company's total turnover. Of this amount, EUR 17.08 billion (99% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Vestas Wind Systems'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 Vestas Wind Systems's eligible revenue is aligned with the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 17.08 billion of its revenue was aligned under the EU Taxonomy, representing 99% of its total turnover.a
This strong alignment suggests that Vestas Wind Systems has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Vestas Wind Systems's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Vestas Wind Systems's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Vestas Wind Systems reported that its taxonomy-aligned revenue 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 revenue does Vestas Wind Systems earn from selling climate-related solutions ?
In 2024, Vestas Wind Systems reported that EUR 17.12 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 99% of the company's total revenue,indicating that Vestas Wind Systemsprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Vestas Wind Systems's CAPEX from Sustainable Activities
In 2024, Vestas Wind Systems reported EU Taxonomy-eligible CAPEX of EUR 1.47 billion,representing 99% of its total CAPEX. Of this amount, EUR 1.47 billion of Vestas Wind Systems'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
Vestas Wind Systems's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Vestas Wind Systems's increased its investment in sustainable activities over time?
Since 2022, Vestas Wind Systems's taxonomy-aligned capital expenditure (CAPEX)increased by 8.79%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Vestas Wind Systems's taxonomy-aligned CAPEX increased by 2.06%,highlighting Vestas Wind Systems's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Vestas Wind Systems's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 1.47 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 99% of the company's total CAPEX. Of this amount, EUR 1.47 billion (99% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Vestas Wind Systems'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 Vestas Wind Systems's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 1.47 billion of its CAPEX was aligned under the EU Taxonomy, representing 99% of its total capital investment.a
This strong alignment suggests that Vestas Wind Systems is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Vestas Wind Systems's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Vestas Wind Systems's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Vestas Wind Systems 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 Vestas Wind Systems is investing in climate-related solutions?
In 2024, Vestas Wind Systems allocated EUR 1.47 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 Vestas Wind Systemsis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Vestas Wind Systems's OPEX from Sustainable Activities
In 2024, Vestas Wind Systems reported EU Taxonomy-eligible OPEX of EUR 354.00 million,representing 92% of its total operating expenses (OPEX). Of this amount, EUR 354.00 million of Vestas Wind Systems's OPEX was classified as EU Taxonomy-aligned, indicating that 92% 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
Vestas Wind Systems's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Vestas Wind Systems's increased its spending in sustainable activities over time?
Since 2022, Vestas Wind Systems's taxonomy-aligned operating expenditure (OPEX)decreased by 2.13%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, c
Compared to the previous year (2023), Vestas Wind Systems's taxonomy-aligned OPEX remained relatively stable, indicating that Vestas Wind Systems maintained consistent levels of sustainable operational expenditure, without significant changes in taxonomy-aligned activity coverage.a, b
How much of Vestas Wind Systems's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 354.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 92% of the company's total OPEX. Of this amount, EUR 354.00 million (92% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Vestas Wind Systems'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 Vestas Wind Systems's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Vestas Wind Systems reported that EUR 354.00 million of its OPEX was aligned under the EU Taxonomy, representing 92% of its total operational expenditure.a
This strong alignment suggests that Vestas Wind Systems is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Vestas Wind Systems's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Vestas Wind Systems's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Vestas Wind Systems reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 92%
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 Vestas Wind Systems's operational budget supports climate-related solutions?
In 2024, Vestas Wind Systems allocated EUR 354.20 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 92% of the company's total OPEX,indicating that Vestas Wind Systemsis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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