HomeResearch & Knowledgeback to HomeSustainabilityback to Research & KnowledgeØrsted: On the path to net zeroback to Sustainability

Case Study

Ørsted: On the path to net zero

By Knut Bjarne Haanaes and Marc Chauvet

3 pages

May 2022

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Reference: IMD-7-2253

Until 2009, the Danish oil and gas company Orsted was a worldwide leader in energy production from fossil fuels. Spurred by the 2009 Copenhagen climate summit, Orsted decided to turn around into wind power and divest entirely it’s non renewable assets. Within a decade, Orsted went from being a highly polluting company to a world class renewable energy company.

Learning Objective

Showcase how Orsted succeeded to transform into a world class sustainable energy supplier from a coal-focused energy company in only 10 years

Keywords

Transformation, Renewable Energy, Wind Energy, Solar Energy, Photovoltaics, Oil, Gas, Fossil Fuel, Affordable Energy, Clean Energy, Industry Infrastructure, Industry Innovation, Climate Action

Settings

Europe
Ørsted, Dong Energy, BP, Energy
2009-2022

Type

Published Sources

Available Languages

English

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