Sub-theme: Wind power
Vestas Wind Systems is the world’s largest manufacturer of wind turbines. The company manufacturers both onshore and offshore wind turbines. The company also provides operation and maintenance services for wind power parks.
Impact Score: 63%
Wind power is one of the most important technologies needed to decarbonise electricity supply. Vestas provides this technology to large utility and corporate customers.
Fundamental Quality: 72%
Vestas is a quality operator with leading margins in a consolidated sector. Pricing power is limited by market structure and large customers. The company has a high quality approach to its operations and a comprehensive approach to critical ESG issues.
Link to UN SDGs
Increasing clean energy is a core target of SDG 7. Vestas is a key enabler of more renewable energy by developing, manufacturing and servicing wind turbines.
Impact calculator metric
(per £1m invested in this company FY23)
(per £1m invested in this company FY23)
Cleaner Energy:
6.5 tCO2e emissions avoided
19.4 MWh of renewable energy enabled
Risk of negative impacts
- Wind turbines can have a negative impact on biodiversity
- Manufacturing and distribution generate significant greenhouse gases
- Electrical waste at end of life
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