Ørsted Rules the (Energy) World

Global offshore wind leader Ørsted outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world. The company has worked hard in the past decade to switch from fossil fuels to renewable energy.

Henrik Poulsen, CEO of Ørsted, says: "We're immensely proud to rank as the world's most sustainable company. From our origins as a traditional fossil fuel-based energy company, we've transformed into one of the largest renewable energy companies in the world. Every day, we deliver green energy solutions at scale to combat climate change, the defining challenge of our time."

Since 2006, the company has reduced carbon emissions from its energy generation and operations by 83% and will be essentially carbon-neutral by 2025. Today, the offshore wind farms built by Ørsted bring green power to more than 13 million people, and Ørsted aims to grow this number to 50 million people by 2030.

Ørsted has been instrumental in driving the build-out of offshore wind at industrial scale and has grown to become the world leader in offshore wind and one of the fastest growing energy companies in the world. 

"While we're grateful to be named the most sustainable company in the world, we'd prefer to see the world develop more sustainably. Global greenhouse gas emissions have been rising for decades and are now at their highest level ever. We have no time to lose if we want to halt global warming and halve global emissions by 2030 as recommended by science," says Henrik Poulsen.

Last year, the company landed on the 4th rank.