Energy Digital Magazine April 2024 | Page 41

VESTAS WIND SYSTEMS
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VESTAS WIND SYSTEMS

MARKET CAP : US $ 28.58bn REVENUE : US $ 16.8m EMPLOYEES : 29,463 CEO : HENRIK ANDERSEN FOUNDED : 1945
a sustainability strategy stating ‘ sustainability in everything we do ’, Vestas Group President and CEO Henrik Andersen says : “ Sustainability is the business we are in , it ’ s one of the key purposes that our more than 29,000 employees come to work every day – to make the world a more sustainable place . Now we are embedding sustainability into everything we do as we become the global leader in sustainable energy solutions .”
On average , Vestas wind turbines are 85 % recyclable , and , as wind turbine rotors consist of a relatively large amount of non-recyclable composite materials , the company is focusing on improving the recyclability of these elements . It is working to increase the recyclability rate from 42 % to 50 % by 2025 , doubling that to 100 % by 2030 .
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