Orsted EU Taxonomy disclosure

EU Taxonomy summary

91% of Orsted's revenues are EU Taxonomy eligible, with 91% also being Taxonomy aligned. 99% of Orsted's capital expenditures are EU Taxonomy eligible, with 99% also being Taxonomy aligned. Additionally, 87% of Orsted's operating expenses are EU Taxonomy eligible, with 86% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (DKKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	699	1%	Y	N	N/EL	N/EL	N/EL	N/EL		Y			Y	Y	Y	1%
4.3 = Electricity generation from wind power	CCM 4.3	55,093	78%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	75%
4.10 = Storage of electricity	CCM 4.10	243	0%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	0%	E
4.20 = Cogeneration of heat/cool and power from bioenergy	CCM 4.20	8,348	12%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y	Y		Y	Y	10%
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		64,383	91%	100%	0%	0%	0%	0%	0%		Y	Y	Y	Y	Y	Y	86%
Of which enabling		243	0%	0%	0%	0%	0%	0%	0%		Y	Y		Y	Y	Y	0%	E
Of which transitional		0	0%	0%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30/CCA 4.30	405	0%	EL	EL	N/EL	N/EL	N/EL	N/EL								1%
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		405	0%	0%	0%	0%	0%	0%	0%								1%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		64,788	91%	100%	0%												87%
Turnover of Taxonomy-non-eligible activities		6,246	9%
Total (A+B)		71,034	100%

FY2024	Code	Value (DKKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.10 = Manufacture of hydrogen	CCM 3.10	746	2%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y	Y		Y	Y	1%
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	4,566	10%	Y	N	N/EL	N/EL	N/EL	N/EL		Y			Y	Y	Y	12%
4.3 = Electricity generation from wind power	CCM 4.3	37,867	80%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	76%
4.10 = Storage of electricity	CCM 4.10	1,531	3%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	8%	E
4.20 = Cogeneration of heat/cool and power from bioenergy	CCM 4.20	2,090	4%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y	Y		Y	Y	2%
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		46,800	99%	99%	0%	0%	0%	0%	0%		Y	Y	Y	Y	Y	Y	99%
Of which enabling		1,531	3%	100%	0%	0%	0%	0%	0%		Y	Y		Y	Y	Y	8%	E
Of which transitional		0	0%	0%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30/CCA 4.30	19	0%	EL	EL	N/EL	N/EL	N/EL	N/EL								0%
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		19	0%	0%	0%	0%	0%	0%	0%								0%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		46,819	99%	99%	0%												99%
CapEx of Taxonomy-non-eligible activities		268	1%
Total (A+B)		47,087	100%

FY2024	Code	Value (DKKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	125	4%	Y	N	N/EL	N/EL	N/EL	N/EL		Y			Y	Y	Y	3%
4.3 = Electricity generation from wind power	CCM 4.3	2,157	70%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	63%
4.10 = Storage of electricity	CCM 4.10	1	0%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y		Y	Y	Y	0%	E
4.20 = Cogeneration of heat/cool and power from bioenergy	CCM 4.20	373	12%	Y	N	N/EL	N/EL	N/EL	N/EL		Y	Y	Y		Y	Y	13%
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		2,656	86%	100%	0%	0%	0%	0%	0%		Y	Y	Y	Y	Y	Y	79%
Of which enabling		1	0%	0%	0%	0%	0%	0%	0%		Y	Y		Y	Y	Y	0%	E
Of which transitional		0	0%	0%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30/CCA 4.30	17	1%	EL	EL	N/EL	N/EL	N/EL	N/EL								1%
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		17	1%	100%	0%	0%	0%	0%	0%								1%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		2,673	87%	100%	0%												80%
OpEx of Taxonomy-non-eligible activities		414	13%
Total (A+B)		3,087	100%

Orsted

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses