What Company is This?
Vestas’s history can be traced back to 1898, when the Hansen family began as blacksmiths in Lem, Denmark. Through many stages of developing and selling various types of steel products, including hydraulic cranes for light trucks, Vestas became a frontrunner in wind turbine technology development as early as the 70s when the oil crisis loomed. Since then, Vestas has grown its wind turbine business and is today a global company designing, manufacturing, installing, developing, and servicing wind energy and hybrid projects. Vestas generated revenue of EUR 18,8 million and employed more than 37,000 people worldwide in 2025. The company is listed on the Copenhagen stock exchange.
What Are the Results?
Vestas reached a total score of 37%, placing third, with 29% in the General Supply Chain Sustainability category and 44% in the Steel Supply Chain Sustainability category. The company scores 32% for the Target Setting and Progress subcategory and 17% for Supply Chain Levers in General Supply Chain Sustainability. In Steel Supply Chain Sustainability, however, Vestas scores full points for Disclosure, 33% for Target Setting and Progress, and 25% for Supply Chain Levers.
What Are the Highlights?
The only indicator in which Vestas scores full points is its disclosure of disaggregated greenhouse gas emissions from iron and steel, the first indicator in the Steel Supply Chain Sustainability category. Vestas earns partial points in the General Supply Chain Sustainability category for its science-based climate targets, which include interim targets to reduce emissions from its supply chain by 45% per MWh generated by 2030 and by 66.33% per MWh generated by 2035, from a 2022 baseline. The company also earns partial points for its work with strategic suppliers aimed at reducing emissions, including steel and iron suppliers, and for disclosing the number of due diligence screenings (2,164) and on-site supplier assessments (180) conducted in 2025. In addition, Vestas scores 50% for integrating social and environmental criteria into supplier selection.
In the Steel Supply Chain Sustainability category, Vestas scores partial points for committing to procure at least 10% near-zero emission steel by 2030, disclosing the volume of lower-emission steel procured during 2025, disclosing the percentage (15.7%) and absolute weight (435,000 t) of secondary reused or recycled components as well as secondary intermediary products and secondary materials, being a member of the First Movers Coalition, and partnering with ArcelorMittal to manufacture low-emission steel by melting steel scrap in an electric arc furnace powered entirely by wind energy.
Where Can the Company Improve?
Vestas scores zero points for the General Supply Chain Sustainability indicators regarding setting targets for and disclosing the share of suppliers having science-based targets, for requirements towards suppliers regarding water reduction targets, and for committing to eliminate deforestation and conversion of natural ecosystems, as well as for incentives and control systems to improve water management and to eliminate deforestation from its supply chain. In the Steel Supply Chain category, Vestas could improve by setting a target for the use of recycled steel, becoming a ResponsibleSteel member, engaging with suppliers on certification, and integrating improved steel recyclability into product design and manufacturing, as the company currently scores no points for these indicators.
