Orsted hails strong quarter, declares carbon neutral targets

GLOBAL wind company Orsted is celebrating a 17% rise in operational profit in its annual report for 2019, with earnings from windfarms rising 30% as it sets a 2025 carbon neutral target, and 2040 carbon neutral footprint.

Orsted hails strong quarter, declares carbon neutral targets Orsted hails strong quarter, declares carbon neutral targets Orsted hails strong quarter, declares carbon neutral targets Orsted hails strong quarter, declares carbon neutral targets Orsted hails strong quarter, declares carbon neutral targets

Carbon neutral by 2025, footprint neutral by 2040

Net profit amounted to DKK6.1 billion (A$1.3 billion) and its operating profit excluding new partnerships increased by 17% to DKK17.5 billion (A$3.