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 GHG Emissions Data Preview

In 2023, Vestas Wind Systems 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).

However, Vestas Wind Systems has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Vestas Wind Systems amounted to 109,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Vestas Wind Systems increased by 9%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Vestas Wind Systems's Scope 1 Emissions Over Time

201820192020202120222023030 k60 k90 k120 ktCO2e-4%+26%+19%-1%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Vestas Wind Systems's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Vestas Wind Systems were 108,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Vestas Wind Systems reduced its Scope 1 emissions over time?

Since 2018, Vestas Wind Systems's Scope 1 emissions have increased by 56.52%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Vestas Wind Systems's Scope 1 emissions increased by 10.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Vestas Wind Systems's Scope 2 emissions?

In 2023, Vestas Wind Systems reported Scope 2 greenhouse gas (GHG) emissions of 1,000 tCOâ‚‚e without specifying the calculation method.

Has Vestas Wind Systems reduced its Scope 2 emissions over time?

Since 2018, Vestas Wind Systems's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 98.36%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Vestas Wind Systems's Scope 2 emissions (Unspecified Calculation Method) fell by 50% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Vestas Wind Systems use for Scope 2 reporting?

In 2023, Vestas Wind Systems reported its Scope 2 emissions using an unspecified methodology.

Vestas Wind Systems's Scope 2 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Vestas Wind Systems's Value Chain Emissions

In 2023, Vestas Wind Systems reported 7,660,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Vestas Wind Systems includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Vestas Wind Systems's Scope 3 Emissions Over Time

2019202020212022202303 M6 M9 M12 MtCO2e+35%0%-23%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Vestas Wind Systems's Scope 3 emissions?

In 2023, Vestas Wind Systems reported total Scope 3 emissions of 7,660,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Vestas Wind Systems's Scope 3 emissions remained relatively stable, indicating that Vestas Wind Systems 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Vestas Wind Systems's Total Carbon Footprint

In 2023, Vestas Wind Systems reported a total carbon footprint of 7,769,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Vestas Wind Systems's total carbon footprint was Scope 3 emissions, accounting for 98.6% of the company's total carbon footprint, followed by Scope 1 emissions at 1.39%.

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