Sustainability

Reports & Ratings

Sustainability Report 2021

The turbines produced and shipped in 2021 are expected to avoid 532 million tonnes of CO2e over their lifetime. We launched the Circularity Roadmap, recycled our first 285 blades, and initiated the CETEC project to design the world's first circular blade. We achieved a record low total recordable injury rate of 3.1 per million working hours, increased our women in leadership from 19 to 21 percent, and reached 8,236 direct community beneficiaries through our CSR work.

More information about these topics and many others can be found in the Sustainability Report 2021 titled "Leading the energy transition".

 

Vestas Sustainability Reports and Environmental Statements
File title:
Vestas Sustainability Report 2021
Description:
Vestas Sustainability Report 2020
File title:
Vestas Sustainability Report 2020
File title:
MHI Vestas Offshore Sustainability Report 2019/2020
Description:
Vestas - Sustainability Report 2019
File title:
Vestas - Sustainability Report 2019
File title:
Vestas - Sustainability Report 2018
File title:
Vestas - Sustainability Report 2017
File title:
Vestas - Sustainability Report 2016
File title:
Vestas - Sustainability Report 2015
File title:
Vestas - Sustainability Report 2014
File title:
Vestas - Sustainability Report 2013
File title:
Vestas - Sustainability Report 2012
File title:
Vestas - Sustainability Report 2011
File title:
Vestas - Sustainability Report 2010
File title:
Vestas - Environmental Statement 2004
File title:
Vestas - Environmental Statement 2003
File title:
Vestas - Environmental Statement 2002
File title:
Vestas - Environmental Statement 2001
File title:
Vestas - Environmental Statement 2000

Sustainability Ratings

At Vestas we welcome the increased focus on and need for transparent ESG ratings asked for by our stakeholders, especially investors and customers. At the same time, we see a growing demand for providing the needed data and have therefore implemented a yearly evaluation process to determine which ratings to support in the coming year.

We support transparent sharing of data and welcome all ESG ratings. However, each year, we select the ratings to support in the coming year. Please see the selected ratings receiving review for this year below.

Corporate Knights Global 100

Rating: Rank 1

The Corporate Knights' index lists the top 100 of the world's most sustainable corporations.

CDP Climate

Climate Score: A-
& Supplier Engagement Leaderboard

CDP is a global reporting system that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. 

Description:

CDP Climate
Change Response 2021

S&P Global DJSI

Score: 73 - Index Europe

The Dow Jones Sustainability Index family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria.

Description:

Dow Jones Sustainability Index

Supplier Spend Analysis

Sustainalytics

Low risk - 14.7. Rank 5 of 217

ESG Risk Ratings are designed to help identify and understand financially material ESG risks and how those risks might affect performance. 

MSCI

Score: AAA

MSCI ESG Rating is designed to measure a company's resilience to long term industry material, environmental, social and governance (ESG) risks.

ISS ESG

Rating: B+

Focus on the full range of sustainable and responsible investment issues, including climate change, SDG-linked impact, human rights, labor standards, corruption etc.

EcoVadis

Silver medal - score 64

Customer requirement as part of their evolution of suppliers. Overall, EcoVadis helps manage the supplier network both upstream and downstream related to ESQ questions.

Life Cycle Assessments

Current portfolio
File title:
V90-1.8/2.0 MW (2011)
Description:
Life cycle assessment of Wind power
File title:
V100-2.0 MW (2015)
Description:
Life cycle assessment of Wind power
File title:
V110-2.0 MW (2015)
Description:
Life cycle assessment of Wind power
File title:
V120-2.0 MW (2018)
File title:
V90-3.0 MW (2013)
Description:
Life cycle assessment of Wind power
File title:
V105-3.45 MW (2017)
Description:
Life cycle assessment of Wind power
File title:
V112-3.45 MW (2017)
Description:
Life cycle assessment of Wind power
File title:
V117-3.45 MW (2017)
Description:
Life cycle assessment of Wind power
File title:
V126-3.45 MW (2017)
Description:
Life cycle assessment of Wind power
File title:
V136-3.45 MW (2017)
Description:
Life cycle assessment of Wind power
File title:
V117-4.2 MW (2019)
Description:
Life cycle assessment of Wind power
File title:
V136-4.2 MW (2022 updated)
Description:
Life cycle assessment of Wind power
File title:
V150-4.2 MW (2022 updated)
Other
File title:
V82-1.65 MW (2007)
File title:
V80-2.0 MW (2011)
File title:
V100-1.8 MW/2.0 MW (2011)
Description:
Life cycle assessment of Wind power
File title:
V116-2.0 MW (2018)
File title:
V100-2.6 MW (2013)
File title:
V112-3.0 MW (2011)
File title:
V105-3.3 MW (2014)
Description:

Life cycle assessment V112- 3.3MW

File title:
V112-3.3 MW (2015)
File title:
V117-3.3 MW (2014)
File title:
V126-3.3 MW (2014)

Modern Slavery Statements

Modern Slavery Statements
File title:
Vestas Wind Systems A/S Modern Slavery Statement 2021
File title:
Vestas Offshore Wind UK Ltd Modern Slavery Statement 2021
File title:
Vestas Offshore Wind Blades UK Ltd Modern Slavery Statement 2021
File title:
NEG Micon UK Ltd Modern Slavery Statement 2021
File title:
Vestas-Celtic Wind Technology Ltd Modern Slavery Statement 2021
File title:
Vestas Technology (UK) Limited Modern Slavery Statement 2021

UN Global Compact Communication on Progress

 

Vestas signed up to the United Nations Global Compact in 2009. We report on our implementation of the ten Global Compact Principles in the areas of human rights, labour, environment and anti-corruption.

Vestas is implementing the UN Global Compact Advanced Programme.

 


File title:
Vestas’ status on realizing the UN Global Compact Advanced