INDUSTRY X . 0
Faced with the enormity of climate change issues , public and private sectors must work closer together and take the lead on sustainable energy practices
WRITTEN BY : DOMINIC ELLIS
eeping global temperatures under 1.5C is neither a technological nor economic challenge but a leadership challenge , says Ørsted CEO Mads Nipper . He maintains that private sectors , governments and individuals committing to the green transition will see positive benefits – and conversely , if actions aren ’ t taken , it will be hugely expensive and we will fail future generations .
Given Ørsted ranks as the world ’ s most sustainable energy company in Corporate Knight ’ s 2022 Global 100 index of the world ’ s most sustainable corporations , Nipper ’ s words need to be heeded . Moreover , climate scientists estimate that if we don ’ t take drastic action to curb global warming before 2035 it ’ s unlikely that we will be able to limit global temperature rise to under 2C . The energy company has transformed its business from fossil fuels to renewables faster than any other major energy company , and the early transition has made Ørsted the global leader in offshore wind and a trusted partner for governments and businesses who take real action on climate .
It ’ s perhaps no coincidence that Denmark-based Ørsted heralds from a sustainability-focused region with Sweden , Norway and Denmark topping the World Economic Forum ’ s latest Energy Transition Index ( ETI ). The top 10 countries account for around 2 % of the global population and approximately 3 % of energy-related CO2 emissions . energydigital . com 45