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Politics : Formerly About Advanced Micro Devices
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To: Thomas A Watson who wrote (1062808)3/27/2018 6:29:30 PM
From: Wharf Rat   of 1577192
 
So many micro small things.

Meet the company that singlehandedly halved one country’s CO2 emissions

We all know that the private sector, and heavy emitting companies in particular, have a critical role to play in helping countries deliver their national climate targets under the Paris Agreement. But when the actions of a single business cuts the emissions footprint of an entire country by more than half, you know companies are stepping up like never before.

Ørsted (formerly DONG Energy) has done just that. The company completely has transformed itself from its origins as Danish Oil and Natural Gas to a leading renewable-focused power utility with an installed offshore wind capacity of 3.9 GW. With operations across Denmark, Sweden, the United Kingdom, Germany and the Netherlands, Ørsted is also expanding its offshore wind business to the United States and Taiwan.

In the process of this transformation, Ørsted has reduced its CO2 emissions intensity by 67 percent since 2006, which accounts for over half of Denmark’s entire CO2 reduction over the same period. What’s more, it has done this while delivering strong growth and great value for shareholders. In fact, Ørsted’s net profit jumped 53 percent to $3.37 billion in 2017, from the previous year.

more on:
greenbiz.com
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