Reports & Ratings
Sustainability Report 2022
The turbines produced and shipped in 2022 are expected to avoid 408 million tonnes of CO2e over their lifetime. We launched the Circularity Roadmap, recycled 475 blades compared with 285 in 2021, and made progress in the CETEC project to design the world's first circular blade. We achieved a low total recordable injury rate of 3.3 per million working hours, increased our women in leadership from 21 to 23 percent, and reached 7,572 direct community beneficiaries through our CSR work.
More information about these topics and many others can be found in the Sustainability Report 2022 titled "Scaling-up sustainably with strategic partners".
Vestas Sustainability Reports and Environmental Statements
Reports & Ratings
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- Vestas - Sustainability Report 2022
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- Vestas - Sustainability Report 2021
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- Vestas - Sustainability Report 2020
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- MHI Vestas Offshore Sustainability Report 2019/2020
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- Vestas - Sustainability Report 2019
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- Vestas - Sustainability Report 2018
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- Vestas - Sustainability Report 2017
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- Vestas - Sustainability Report 2016
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- Vestas - Sustainability Report 2015
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- Vestas - Sustainability Report 2014
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- Vestas - Sustainability Report 2013
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- Vestas - Sustainability Report 2012
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- Vestas - Sustainability Report 2011
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- Vestas - Sustainability Report 2010
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- Vestas - Environmental Statement 2004
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- Vestas - Environmental Statement 2003
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- Vestas - Environmental Statement 2002
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- Vestas - Environmental Statement 2001
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- 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 2
The Corporate Knights index lists the top 100 of the world's most sustainable corporations. Vestas has been named the most sustainable company in the energy industry and second most sustainable company in the world in 2022.
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: 78 - World Index
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
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- V90-1.8/2.0 MW (2011)
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- Life cycle assessment of Wind power
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- V100-2.0 MW (2015)
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- Life cycle assessment of Wind power
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- V110-2.0 MW (2015)
- Description:
- Life cycle assessment of Wind power
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- V120-2.0 MW (2018)
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- V90-3.0 MW (2013)
- Description:
- Life cycle assessment of Wind power
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- V105-3.45 MW (2017)
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- Life cycle assessment of Wind power
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- V112-3.45 MW (2017)
- Description:
- Life cycle assessment of Wind power
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- V117-3.45 MW (2017)
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- Life cycle assessment of Wind power
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- V126-3.45 MW (2017)
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- Life cycle assessment of Wind power
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- V136-3.45 MW (2017)
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- Life cycle assessment of Wind power
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- V117-4.2 MW (2019)
- Description:
- Life cycle assessment of Wind power
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- V136-4.2 MW (2022 updated)
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- Life cycle assessment of Wind power
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- V150-4.2 MW (2022 updated)
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- Life cycle assessment of Wind power
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- V150-6.0 MW (2023)
- Description:
- Life cycle assessment of Wind power
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- V162-6.2 MW (2023)
Other
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- V82-1.65 MW (2007)
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- V80-2.0 MW (2011)
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- V100-1.8 MW/2.0 MW (2011)
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- Life cycle assessment of Wind power
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- V116-2.0 MW (2018)
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- V100-2.6 MW (2013)
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- V112-3.0 MW (2011)
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- V105-3.3 MW (2014)
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Life cycle assessment V112- 3.3MW
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- V112-3.3 MW (2015)
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- V117-3.3 MW (2014)
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- V126-3.3 MW (2014)
Modern Slavery Statements
Modern Slavery Statements
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- Vestas Wind Systems A/S Modern Slavery Statement 2021
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- Vestas Offshore Wind UK Ltd Modern Slavery Statement 2021
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- Vestas Offshore Wind Blades UK Ltd Modern Slavery Statement 2021
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- NEG Micon UK Ltd Modern Slavery Statement 2021
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- Vestas-Celtic Wind Technology Ltd Modern Slavery Statement 2021
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- 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
