'As we celebrate Earth Day today, it is while recognising that the world is facing a climate emergency and unprecedented action is required to protect our collective home. It is a timely moment to reflect on what has been achieved so far and look ahead to what more needs to be done to create a world that runs entirely on green energy.

'At Ørsted, we see green energy as a reason for optimism in the face of climate change. We have transformed our business from fossil fuel-dependence to green energy, selling our oil and gas business and dedicating ourselves to renewable energy. This journey from black to green was led by a belief in technology and innovation, and a commitment to find a business model that could be both environmentally and financially sustainable.

'To build clean and affordable energy future, we need to adopt new technologies to truly transform at scale. Offshore wind will continue to be a cornerstone technology in the global green energy revolution and its role will become even more significant as it becomes the power source for making low-cost renewable hydrogen at scale.

'There is still a lot of work to be done and we need to stand together to rapidly transform our energy system, knowing that it can benefit both planet and business. And in the face of a global pandemic, we must act with our local communities in mind. Green energy is key in rebuilding and rebalancing the economy - it has already delivered thousands of long-term, high-skilled jobs and will deliver thousands more in the future.

'We need to take decisive action now and do our part to restore the planet for future generations.

'Our business transformation is a story of technological innovation, steep learning curves and difficult strategic choices that have led to long-term gains. On Earth Day, we want to share what we've learnt and the benefits and opportunities it's created for us.'

Read about our green transformation here

Watch how we achieved our green transformation here

Attachments

  • Original document
  • Permalink

Disclaimer

Ørsted A/S published this content on 22 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2021 09:13:02 UTC.