Vestas has announced ambitious plans to become carbon-neutral by no later than 2030, with no carbon offsets.
The wind turbine manufacturer which aspires to be the global leader in sustainable energy solutions aims to reduce its global carbon footprint through a 55 per cent CO2 reduction by 2025 before reaching its ultimate goal.
The initiative forms part of the Danish company’s commitment to sustainability performance and Vestas has said it will not use carbon offsets but will instead only deliver CO2 reductions through its own actions.
Vestas’ factories and offices have been powered by 100 per cent renewable energy since 2013 and plans are in place for company cars to transition to electric vehicles.
The global service’s vehicle fleet will start being replaced with renewable-fuelled vehicles and the company will investigate ways to reduce heating- and transport-related CO2 emissions from its operations.
Vestas has installed enough wind energy to displace 167mn tonnes of CO2 each year, by installing more than 108 GW of clean energy – enough wind energy to displace 167 million tonnes of CO2 every year (equivalent to burning 70 million tonnes of coal every year).
It is also committing to reduce the CO2 emissions from its supply chain by 45 per cent per MWh generated by 2030 to incentivise sustainability partnerships with suppliers.
Henrik Andersen, Vestas’ CEO, said: “At Vestas, we are proud of our shared purpose and passion to make the planet a better place and to make our work as sustainable as possible.
“To remain at the forefront of the energy transition we must do even more than today to meet the growing sustainability expectations of our customers, partners, investors and employees. Our commitment to become carbon-neutral is the right thing to do for all of us. Together, we will not just make products that build a more sustainable planet, but we will do so in the most sustainable way possible”.
Lisa Malmquist Ekstrand, Vestas’ head of sustainability, said: “Becoming carbon-neutral in our own operations and reducing CO2 emissions in our supply chain is the next phase of our journey to ensure a more sustainable planet for future generations – which is our purpose as a company and as individuals.
“Going beyond our promise to continue developing energy solutions that reduce CO2 emissions, we are now making sustainability part of everything we do”.
Vestas joins at least 730 other leading companies who have already committed to reduce their greenhouse gas emissions in line with the Science Based Target initiative (SBTi).