Orsted

Orsted

Community score

+2.00 -55
Industry: Electric Utilities
Listing country: Denmark
Year added: 2018

Ørsted, formerly known as DONG Energy until its renaming in 2017, was incorporated in 2006 and has its headquarters in Copenhagen, Denmark. The company specializes in three main business categories: Wind Power, Bioenergy & Thermal Power, and Distribution & Customer Solutions. Operating primarily under the Ørsted brand, the company has established a significant presence in its home country of Denmark and extends its reach to several international markets. This includes the United Kingdom, Germany, the United States, Taiwan, the Netherlands, and others where Ørsted's involvement in offshore wind farms and renewable energy projects are prominent. (Powered by AI)

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Orsted

Around 3.3 billion people are employed globally as of 20221. Job creation is vital for society, as well as for the economy2. It fuels economic growth as the spending of wages leads to higher consumer spending3. It reduces poverty by providing soci...

Bayonle B. September 18th, 2023
60 ratings
Orsted

Annually, the world generates 2 billion tonnes (t) of solid municipal waste1. About 40% of the waste generated globally is managed improperly, dumped, or openly burned, while only ~14% is recycled2. Poor waste management causes air, soil, and wate...

Muhammad Aqib A. November 21st, 2023
58 ratings
Orsted

As of 2021, 50 Million (Mn) people are living in modern slavery, out of which 28 Mn are in forced labour1. Around 2.3 million (Mn) workers worldwide suffer work-related injuries yearly, corresponding to an alarming figure of over 6,000 work-relate...

Feyisayo Favour F. May 8th, 2023
44 ratings
Orsted

In 2021, global GHG emissions amounted to 40.8 billion tonnes (t) of CO2e1;p11. To meet the goals of the Paris Agreement, from 2020 to 2030, annual GHG emission reductions of 7.6% are required2. The rapid increase in the emission of greenhouse gas...

Ajay A. July 24th, 2023
64 ratings
Orsted

Wind, hydro, and solar power development potentially lessen or degrades habitats for wildlife and plants11,12. Wind farms disturb extensive areas, causing habitat fragmentation13;p21. Offshore wind farms (OWFs), for instance, physically damage the...

Bayonle B. November 21st, 2023
24 ratings
Orsted

Every year, about 4 trillion m3 of water is consumed worldwide1. Only 3% of the total available water on Earth is freshwater, and only 0.5% is available for human consumption2. Around 20% of the total water consumption is used by industry3;p7. Pro...

Soumya K. October 16th, 2023
36 ratings
Orsted

Around 94% of the global population is exposed to air pollution, which causes 7 million (Mn) deaths per year1. In power plants, burning fossil fuels such as coal for electricity generation releases sulfur dioxide (SO2), nitrogen oxides (NOX), part...

Dolapo J. November 21st, 2023
62 ratings
Orsted

According to the ILO, an organization needs to achieve a gender balance of 40:60% representation of either gender1;p12. Gender inequality reduces the socio-economic status of women, causes psychological and physical stress, and affects their menta...

Joyleen C. December 4th, 2023
46 ratings
Orsted

Generation of electricity from non-renewable sources such as using fossil fuels results in emissions of carbon dioxide (CO2) and nitrogen oxides, which can cause global warming and air pollution2. In 2021, global GHG emissions totalled 40.8 billio...

Bayonle B. October 10th, 2023
116 ratings
Orsted

In 2022, the primary energy consumption was 21,039 kWh per person globally1. People use energy for heating, cooling, lighting, refrigeration, operating computers, appliances, and machinery, watching entertainment on TV, transportation, etc.2,3. En...

Soumya K. September 12th, 2024
122 ratings

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