Sustainability Magazine January 2022 | Page 171

ØRSTED
But also looking ahead we believed the future of an energy company would be green energy . We then set the target to radically transform the company ,” said Krabek .
Ørsted set their goal of transforming from 85 % fossil-based energy production to 85 % renewable energy production by 2040 . “ We reached that target in 2019 , way ahead of what we had expected . Today , we are one of the world ' s biggest renewable energy companies , particularly in offshore wind .
“ We may be a Danish company by heritage but we have a global presence . Our biggest offshore wind footprint is in north-west Europe including Denmark ,

“ Ørsted wants to be a catalyst for change towards a world that runs entirely on green energy ”

IDA KRABEK DIRECTOR OF GLOBAL
SUSTAINABILITY , ØRSTED
Germany and the UK . We are extending that footprint to the US and the APAC region , including Japan and Taiwan , as we see a big potential for offshore wind in these areas .”
Ørsted , which is on track to be a carbonneutral company by 2025 by reducing emissions from energy generations and operations by at least 98 %, was recently awarded The Terra Carta Seal by HRH The Prince of Wales who said : “ The Terra Carta Seal recognises those organisations which have made a serious commitment to a future that is much more sustainable , and puts Nature , People and the Planet at the heart of the economy .”
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