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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Vestas Wind Systems amounted to 152,000 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Vestas Wind Systems decreased by 0.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Vestas Wind Systems were 104,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Vestas Wind Systems's Scope 1 emissions have increased by 50.72%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
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
In 2024, Vestas Wind Systems reported Scope 2 greenhouse gas (GHG) emissions of 1,000 tCO₂e using the market-based method and 48,000 tCO₂e using the location-based method. a
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
In 2024, Vestas Wind Systems reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Vestas Wind Systems reported 7,990,000 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 Vestas Wind Systems includes a breakdown across 8 of 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
In 2024, Vestas Wind Systems reported total Scope 3 emissions of 7,990,000 metric tons of CO₂ equivalent (tCO₂e). 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
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
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.
In 2024, the largest contributors to Vestas Wind Systems's Scope 3 emissions were: a
In 2024, Vestas Wind Systems reported Scope 1 greenhouse gas (GHG) emissions of 104,000 tCO₂e and total revenues of USD 134,315 millions. This translates into an emissions intensity of 0.77 tCO₂e per millions USD. a
In 2024, Vestas Wind Systems reported a Scope 1 emissions intensity of 0.77 tCO₂e per millions USD. Compared to the peer group median of 6.58 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Vestas Wind Systems ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Vestas Wind Systems among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Vestas Wind Systems reported a total carbon footprint of 8,142,000 metric tons of CO₂ equivalent (tCO₂e) 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