Our strategy

Green energy in a sustainable way

 

The pursuit of our vision to create a world that runs entirely on green energy must take place sustainably. Through our sustainability strategy, we advance our positive contributions to society and minimise potential adverse impacts.

 

Ørsted and the UN Sustainable Development Goals

At Ørsted, our entire business is focused on addressing the climate emergency, the most pressing societal challenge of our time. Our commitment to help create a world that runs entirely on green energy is our commitment to help limit climate change, which is central to progressing action on the UN Sustainable Development Goals (SDG).

We impact many SGDs and our core positive contribution to SDGs 7 and 13. We also impact SDGs 3, 5, 8, 11, 12, 14, 15, and 16 through our sustainability programmes.

 

Programmes to drive sustainability

We conduct an assessment each year to determine which key societal challenges are relevant to our business and understand how we can improve them. This strategic process helps our business stay relevant, competitive, and fit for the future.

We conduct the assessment through three steps:

Step 1

 

Understand the societal challenges

We engage in dialogue with stakeholders to understand how societal challenges develop over time, their importance to each group of stakeholders and expectations on how we as a company should work with these societal challenges.


Step 2

 

Assess the relevant challenges

Based on initial dialogue with stakeholders, we assess the importance of the societal challenges to our business.


Step 3

 

Address the challenges systematically through programmes

The most important societal challenges to both our stakeholders and our business are considered material, and we work with them through our sustainability programmes. These programmes include forward-looking actions, performance metrics, and targets where relevant. They also have a governance structure to ensure accountability and implementation.


Our path to net zero

At Ørsted, we want to build green energy in a sustainable way.

And our actions today will mean that our company will be carbon neutral by 2025. But we won't stop there.