Sustainability Magazine January 2026 Issue 63 | Page 37

ØRSTED
TOP 10 – NET ZERO BRANDS

ØRSTED

SENIOR DIRECTOR, HEAD OF GLOBAL SUSTAINABILITY: IDA KRABEK HEADQUARTERS: FREDERICIA, DENMARK FOUNDED: 2006
Ørsted says it is reducing all of its greenhouse gas emissions to net zero by 2040, validated by the SBTi, while driving demand for its renewable energy solutions. In 2024, it closed its one remaining coal-fired combined heat and power plant, keeping the company on track to achieve its target of a 98 % reduction in Scope 1 and 2 emissions intensity by 2025. The company says that phasing out natural gas sales from its business portfolio will eliminate the vast majority of its Scope 3 emissions.

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