Keeping the global temperature down
Since the Paris agreement took effect in 2016, the international community has begun a common path to address climate change, working towards limiting the global temperature rise below 1.5°C.
From black to green
Despite the positive progress being made, we believe that more can be done to reduce the effects of climate change. More than a third of global carbon emissions come from power production. One third. This huge number is in part what made us completely rethink our business strategy a decade ago, causing us to initiate our transformation from a black to a green energy company.
Phasing out coal
Since 2006, we've reduced our coal consumption by 73% and decided to fully phase out coal by 2023.
Power to the people
We've become a global leader in offshore wind with a market share of 25%, currently powering 9.5 million people. Our ambition is to raise this number to 30 million by 2025. In 2017, we divested our upstream oil and gas business, thereby completing our transformation into being fully dedicated to green energy.
Building for the future
Our three business areas
We want renewable energy to empower people, businesses and societies to unleash their potential without needing to worry about harming the planet or reducing opportunities for future generations.