Our vision and values

Creating a world that runs entirely on green energy

We believe that it is time to take real action to create a world that runs on green energy. Renewable energy holds the key to a cleaner future, and the planet needs to act now to reduce the effects of climate change.

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 keeping 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 CO2 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 have reduced our coal consumption by 73%, and decided to fully phase out coal by 2023.

Power to the people

We have 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.

Total output for Ørsted-built offshore wind farms

Goodbye CO2

As a result, we have more than halved our CO2 emissions over the last decade, and will have reduced them by 98% by 2025.

...and saying
goodbye to CO₂

Building for the future

Our market leading position within green energy has helped us reduce the costs of renewable energy, with declining costs increasingly gaining attention from new markets and investors, who can now see the immense scalability potential of renewable energy as a more viable, efficient and sustainable option to fossil fuels.

Empowering people

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.