Ørsted has set a clear expectation towards all suppliers to use 100 % renewable electricity by 2025. To reach its targets, Ørsted relies on collaboration across the supply chain and the success of its suppliers.
The company is now taking the step to extend its 100 % renewable electricity target from its strategic suppliers to all suppliers. This means that Ørsted now expects all its suppliers to exclusively use electricity from renewable energy sources when providing products or services to Ørsted by 2025 at the latest. With this new target, Ørsted is setting an expectation that all its suppliers cover 100 % of their electricity use with renewable electricity by e.g. investing in on-site renewable electricity assets, entering into power purchase agreements (PPAs) tied to renewable energy projects whose realisation depends on securing financing, or purchasing renewable electricity certificates. Ørsted will support its suppliers with renewable electricity guidelines to help select the best solutions.