Ørsted A/S
Industry Group: Utilities
Country/Region: Denmark
Identifier: CSE:ORSTED
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 52 out of 703
Universe
Global Universe 2675 out of 15623
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Ørsted A/S |
17.2
Low
|
52 out of 703 |
| Veolia Environnement SA |
20.9
Medium
|
103 out of 703 |
| WEC Energy Group, Inc. |
27.5
Medium
|
248 out of 703 |
| EnBW Energie Baden Württemberg AG |
28.5
Medium
|
270 out of 703 |
| DTE Energy Co. |
29.8
Medium
|
304 out of 703 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for Ørsted A/S
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Ørsted A/S's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
