Vestas Wind Systems
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.
Visit their site- Enterprise value
- US$14.9 bn
- Region
- Denmark
- Theme
- Cleaner Energy
- Sub-theme
- Wind power
Impact Score
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
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.
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.
Find out moreRisk 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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