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Vestas Wind Systems A/S
Vestas Wind Systems's GHG Emissions Data Preview
In 2024, 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).
Vestas Wind Systems has also provided a category-level breakdown for 10 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Vestas Wind Systems’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 Vestas Wind Systems’s data sources below and access millions more through our Disclosure Search.
Insights into Vestas Wind Systems's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofVestas Wind Systems amounted to152,000metric 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 Vestas Wind Systemsdecreased by 0.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Vestas Wind Systems's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vestas Wind Systems's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Vestas Wind Systems were 104,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Vestas Wind Systems reduced its Scope 1 emissions over time?
Since 2019, Vestas Wind Systems's Scope 1 emissions have increased by 57.58%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Vestas Wind Systems's Scope 1 emissions decreased by 3.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Vestas Wind Systems's Scope 2 emissions?
In 2024, Vestas Wind Systems reported Scope 2 greenhouse gas (GHG) emissions of 1,000 tCOâ‚‚e using the market-based method and 48,000 tCOâ‚‚e using the location-based method.a
Has Vestas Wind Systems reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Vestas Wind Systems's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Vestas Wind Systems's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Vestas Wind Systems use for Scope 2 reporting?
In 2024, Vestas Wind Systems reported its Scope 2 emissions using the market-based method and using the location-based method.a
Vestas Wind Systems's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Vestas Wind Systems's Value Chain Emissions
In 2024, Vestas Wind Systems reported 7,990,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Vestas Wind Systems includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,down from 9 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Vestas Wind Systems's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vestas Wind Systems's Scope 3 emissions?
In 2024, Vestas Wind Systems reported total Scope 3 emissions of 7,990,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.12%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.88%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Vestas Wind Systems reduced its Scope 3 emissions over time?
Since 2019, Vestas Wind Systems's Scope 3 emissionshave remained relatively stable, indicating that Vestas Wind Systems's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), 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.a
What categories of Scope 3 emissions does Vestas Wind Systems disclose?
In 2024, Vestas Wind Systems reported emissions for 8 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 Vestas Wind Systems's Scope 3 emissions?
In 2024, the largest contributors to Vestas Wind Systems's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 7,020,000 tCOâ‚‚e(87.86%)
- Upstream Transportation and Distribution (Cat. 4): 600,000 tCOâ‚‚e(7.51%)
- Capital Goods (Cat. 2): 160,000 tCOâ‚‚e(2%)
Vestas Wind Systems's Scope 3 Emissions by Categories
Insights into Vestas Wind Systems’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Vestas Wind Systems reported Scope 1 greenhouse gas (GHG) emissions of 104,000 tCOâ‚‚e and total revenues of USD 134,315 millions. This translates into an emissions intensity of 0.77 tCOâ‚‚e per millions USD.a
Vestas Wind Systems's Scope 1 Emissions Intensity Compared to Peers
How does Vestas Wind Systems's GHG emissions intensity compare to its peers?
In 2024, Vestas Wind Systems reported a Scope 1 emissions intensity of 0.77 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.55, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Vestas Wind Systems rank on GHG emissions intensity within its industry?
In 2024, Vestas Wind Systems ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Vestas Wind Systems among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Vestas Wind Systems's Total Carbon Footprint
In 2024, Vestas Wind Systems reported a total carbon footprint of 8,142,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Vestas Wind Systems's total carbon footprint was Scope 3 emissions, accounting for 98.13% of the company's total carbon footprint, followed by Scope 1 emissions at 1.28%.a