To support Ørsted’s green vision and strategy, the Board of Directors strives to ensure that the Board of Directors as a whole possesses relevant knowledge and experience concerning Ørsted's principal business activities, and within Ørsted’s key functional areas.

The Board of Directors annually reviews the overview of the required competences for its composition. In 2023, the ESG competence was further detailed to bring it in line with the EU Corporate Sustainability Reporting Directive (CSRD). You can find the competences overview via the download box.

The Board of Directors continuously work to ensure diversity on the Board of Directors – in terms of both individual characteristics and competences - by having different nationalities and genders represented on the Board of Directors and by having a diverse age distribution and mindset.

The Board of Directors has established a Nomination & Renumeration Committee. The members of the committee are appointed among and by the members of the Board of Directors, and currently the members are Lene Skole (Chair), Andrew Brown, and Julia King.

The Nomination & Renumeration Committee conducts an annual evaluation of the Board of Directors and assesses the competences, knowledge, experience, and succession of individual members of the Board of Directors.

The Nomination & Renumeration Committee handles the recruitment of new members and nominates candidates for the Board of Directors’ approval. When identifying new candidates, Ørsted uses skilled search companies to ensure a broad range of candidates across competences, experience, gender, and nationality.

The Board of Directors also comprises employee elected members who are elected according to mandatory Danish rules. In accordance with the Companies Act, neither the Board of Directors nor the Nomination & Remuneration Committee can influence which candidates are nominated and elected by the employees. However, the Board of Directors encourages the employees to elect diverse board members who are trusted and have a broad experience and knowledge about Ørsted and its employees.

Three female Ørsted employees in office attire sitting on a blue sofa while talking.

Corporate Governance

Find all the latest material on our general meetings and corporate governance statements