Vestas Wind Systems
Heavy Electrical Equipment
Denmark
ESRS disclosure: SBM-3_02
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- Provide a detailed account of the significant impacts, risks, and opportunities identified through your materiality assessment. Include information on where these elements are concentrated within your business model, own operations, and throughout your upstream and downstream value chain, as per Disclosure Requirement SBM-3.
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Question Id: SBM-3_02
Vestas' primary water consumption is for domestic purposes, with a low environmental impact. However, presence in water-scarce regions may stress local resources. Using geospatial mapping, Vestas identified water consumption in eight manufacturing facilities in regions with high or extreme water stress, and 18 sites exposed to such stress. 86.3 percent of total water consumption is from these areas, impacting own operations in the short term. Climate change can lead to water scarcity, but renewable energy helps reduce fossil fuel dependence and mitigate climate change effects.
Report Date: 4Q2024Relevance: 65%