Industry Group: Utilities
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 7.6 GW of offshore wind farms at the end of 2020. The U.K. 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. Orsted intends to phase out coal by 2023.
ESG Risk Rating
Industry Group (1st = lowest risk)
Utilities 38 out of 672
Global Universe 1862 out of 14731
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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 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.
Ørsted A/S's Exposure is Medium
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.
Ørsted A/S's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
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.
Highest Controversy level that has impacted Ørsted A/S's ESG Risk Rating in the last three years
Highest Controversy Level