GlobalData offers a comprehensive analysis of Vestas, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Vestas’s ESG performance. GlobalData’s company profile on Vestas offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Smarter leaders trust GlobalData


Premium Insights Vestas Wind Systems AS - Company Profile

Buy the Report

Premium Insights

The gold standard of business intelligence.

Find out more

Vestas, a leading wind energy solutions provider, has set target for net zero by 2050 to combat climate change. Vestas has specific goals related to scope 1, scope 2, and scope 3 emissions. The company strives to achieve carbon neutrality for its operations (Scope 1 and 2 emissions) by 2030, excluding the use of carbon offsets. The company is committed to decreasing the emissions intensity of its supply chain (Scope 3 emissions) by 45 percent by the year 2030. Additionally, the company is dedicated to achieving a 55 percent reduction in (Scope 1 and 2) emissions from its own operations by 2025. The carbon neutrality target set for its operations, verified by the Science Based Targets initiative (SBTi), is aligned with efforts to limit global warming to 1.5 degrees Celsius above pre-industrial temperatures.

Vestas has made significant contributions to reducing carbon emissions and greenhouse gas (GHG) emissions. The emissions from its own operations declined by 12% over a 2019 baseline. With 164 GW of installed wind energy, the company and its stakeholders have avoided the emission of 19 billion tonnes of CO2e. Vestas has also taken a strong public stance to accelerate the transition to renewable electricity to meet the Paris Climate Targets. In 2022, scope 1 emissions were 98,000 tonnes CO2e, scope 2 emissions were 59,000 tonnes CO2e while scope 3 emissions were 8,177 thousand CO2e.

Vestas remains at the forefront of the transition towards affordable and clean energy, delivering between 30 and 50 units of energy back to society for every unit needed in the life cycle of a Vestas wind turbine. By the end of 2022, Vestas has collaborated with stakeholders to install wind turbines in 87 countries, with a total installed capacity of more than 164 GW. Additionally, Vestas sourced 100 percent of its electricity consumption from renewable sources in 2022.

Vestas is also focused on sustainable consumption and production patterns. The company has released a Circularity Roadmap, aiming to build zero-waste wind turbines by 2040. Vestas is committed to landfills less than 1 percent and recycling more than 94 percent of waste by 2030.

In conclusion, Vestas is actively working towards achieving its net-zero targets and reducing carbon emissions. The company has made significant contributions to renewable energy and has taken steps to reduce emissions and promote sustainable practices. With its commitment to sustainability, Vestas is playing a crucial role in combating climate change and promoting a greener future.

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.