Vestas Wind Systems A/S
Industry Group: Electrical Equipment
Country/Region: Denmark
Identifier: CSE:VWS
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Electrical Equipment 23 out of 300
Universe
Global Universe 2294 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Prysmian SpA |
16.1
Low
|
22 out of 300 |
| Vestas Wind Systems A/S |
16.2
Low
|
23 out of 300 |
| ABB India Ltd. |
22.3
Medium
|
82 out of 300 |
| Shenzhen Inovance Technology Co., Ltd. |
23.3
Medium
|
106 out of 300 |
| Shanghai Electric Group Co., Ltd. |
27.8
Medium
|
187 out of 300 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Vestas Wind Systems A/S
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
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Product Governance
Product Governance encompasses a company's management of the entire lifecycle of its products and services to prevent and mitigate risks and consequences for its customers and end-users.
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Human Capital
Human Capital encompasses a company's management of its human resources, from acquiring and retaining top talent, to providing advancement opportunities in a diverse and equal work environment, and adopting an inclusive corporate culture.
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Business Ethics
Business Ethics encompasses business practices that may be legal or illegal, and result in a financial benefit to an individual specifically or a company while having a negative impact on society or other company stakeholders.
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Corporate Governance
Corporate Governance encompasses the mechanisms, processes and policies by which a company is managed and overseen to ensure its ability to mitigate risks, increase long-term value creation and safeguard its reputation.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Vestas Wind Systems A/S's ESG Risk Rating in the last three years
Highest Controversy Level
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CategoryEvents
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Low5 -
Moderate1 -
Significant0 -
High0 -
Severe0
Contributing Events
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Customer Incidents - Data Privacy and Security