Vestas Wind Systems

CPH: VWS86Climate Leader· Provisional

0 followersWind turbines·Aarhus, Denmark·Founded 1945

www.vestas.com

World's largest wind-turbine manufacturer by installed capacity.

86/100

Climate Leader· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: lowData confidence: high

Why it's on ClimateTicker

Vestas is the world's largest wind turbine manufacturer by installed capacity and its core product directly displaces fossil-fuel electricity generation at massive scale — installed Vestas turbines collectively avoid an estimated 239 million tonnes of GHG emissions per year. The company holds SBTi-validated 1.5°C-aligned targets, discloses under CSRD and CDP, and has genuine operational credibility, though its 99% Scope-3-dominated footprint (driven by steel supply chains) and a self-disclosed miss on its 2025 Scope 1/2 interim target introduce modest execution risk. Greenwashing risk is low: the claims are specific, externally validated, and backed by Life Cycle Assessments dating to 1999.

mitigationVestas designs, manufactures, installs, and services onshore and offshore wind turbines globally, generating revenue from turbine sales and a large, recurring service/maintenance book covering more than 82 GW under contract.

Commitments & Certifications

CDP: B (Climate) ↗other: MSCI ESG Rating: AAA (Leader) ↗other: RE100 Member — 100% renewable electricity sourced since 2013 ↗other: CSRD / ESRS compliant — 2024 Sustainability Statement ↗SBTi: Targets validated — 1.5°C aligned (Scope 1+2 and Scope 3); re-validation in progress for 2025 interim target miss ↗

Controversy & Greenwashing Watch

medium2025 Scope 1/2 Interim Target Miss

Vestas self-disclosed it will not meet its 2025 Scope 1+2 emissions reduction target (55% vs. 2019 baseline), attributing the shortfall to re-entering offshore wind, which expanded the operational scope after the target was originally set — it is now seeking SBTi re-validation.source ↗

lowScope 3 Emissions Dominated by Hard-to-Abate Steel Supply Chain

Steel and iron account for ~50% of Vestas' Scope 3 emissions (~7.69 billion kg CO2e in 2024), and while the low-emission steel partnership with ArcelorMittal is live, the scale of decarbonization required in the supply chain by 2030 is very large relative to current progress.source ↗

lowLegacy Wind Blade Landfilling

Like the broader wind industry, Vestas has faced criticism for composite turbine blades that historically end up in landfill at end-of-life; the company acknowledges current turbines are only ~85% recyclable and blade recycling to 100% is a 2030 ambition still in development.source ↗

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