Renewable energy company Ørsted ranks as the most sustainable company in the Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world, having completed a fundamental business transformation from fossil fuels to renewables over the past decade.

Henrik Poulsen, CEO of Ørsted, said, “We’re immensely proud to rank as the world’s most sustainable company. From our origins as a traditional fossil fuel-based energy company, we’ve transformed into one of the largest renewable energy companies in the world. Every day, we deliver green energy solutions at scale to combat climate change, the defining challenge of our time.”

Since 2006, the company has reduced carbon emissions from its energy generation and operations by 83 per cent and will be essentially carbon-neutral by 2025. The progress in Ørsted's decarbonisation programme is demonstrated in the company's jumps up the Global 100 ranking: 70th in 2018, 4th in 2019, and 1st in 2020.

Toronto-based Corporate Knights, a publishing and research firm, analysed publicly available data on financial and sustainability indicators of 7,395 companies with more than $1bn in revenue.

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