CSR prize: “A role model for sustainability reporting”

11 October 2018

Ørsted’s sustainability report for 2017 builds optimism, trust and a clear vision for a future run entirely on green energy say the judges of Denmark’s annual CSR Prize.


The CSR Prize seeks out best practices in economic, social and governance (ESG) reporting among Denmark’s biggest companies. Ørsted won a recognition (in Danish) for its Sustainability report 2017, ESG performance report 2017 and Annual report 2017, at the 2018 CSR prize awards.

The judging committee said Ørsted is a “role model” for reporting practices on sustainability and the transition from fossil fuel to green energy. “[The report] leaves the reader with optimism and trust that the company does what it says, by publishing a report that is brief, precise and reliable, and clearly establishes a vision for a future based on green energy,” said Denmark’s Crown Princess Mary, when announcing the recognition.

Priorities, programs, performance
The prize judging committee praised (in Danish) the Sustainability report 2017 for clearly communicating and linking Ørsted’s strategy, priorities, programs and risk management, while basing all of that on target and performance data. They also remarked favorably on the report’s compact size and readability.

“Ørsted is among those companies that have rapidly transitioned from black to green energy and is today one of the largest green energy developers in the world,” says Marianne Wiinholt, CFO of Ørsted.

Sustainability is an important competitive factor for us, and our reporting on this area needs to reflect how we work to embed sustainability throughout our entire business.
Marianne Wiinholt, CFO of Ørsted
We’re delighted to be recognized for our efforts,” she adds.

Finding the space for green energy at scale

Building renewable energy technologies at scale will protect natural ecosystems from the consequences of climate change and benefit the local economies that invest in renewable energy. To succeed, the build-out must be balanced with the interests of other industries and the interests for nature protection.
Read more

Change is possible

We’re ranked the most sustainable company in the world in the Corporate Knights 2020 Global 100 index of most sustainable corporations. A decade ago, we were one of the most fossil fuel intensive energy companies in Europe.
Read more

How we maximise the climate benefits of biomass

Using woody biomass for energy generation has allowed us to partly retire coal and gas from our Danish heat and power plants. To ensure significant carbon savings, the biomass needs to meet strict sustainability criteria. If it does not, it should not be used in energy generation. Over time, electrified alternatives can replace and supplement sustainable biomass.
Read more

Ørsted ranked the most sustainable company in the world

Change is possible