Logo Renewables Neg
Wind Farms (18) FAB

Sustainability

At Fred. Olsen Renewables we take our environmental responsibilities just as seriously as we do generating electricity

We have a strong commitment to develop renewable energy sources both as a sound business model as well as a genuine support of the shift to a decarbonised society.

Sustainability at a glance:

  • We own and operate 11 wind farms with over 300 turbines in UK, Norway, and Sweden. One additional wind farm is under construction, to be put into operations during 2021
  • We produced 1 862 000 MWh of renewable energy in 2020, covering the electricity needs of 435 000 households in the countries that we operate
  • The wind energy production in 2020 corresponds to a Green House Gas (GHG) reduction of estimated 800 000 tonnes CO2 equivalents
  • Our own CO2 footprint is limited, consisting of fuel emissions from site vehicles, air travel, use of electrical energy at site buildings, and CO2 footprint related to construction activities
  • Business development focuses on further expansion of the onshore wind energy portfolio, offshore wind energy, and implementing new technologies for floating solar energy
  • Work-related incidents: Two lost time incidents and one medical treatment case at our sites in 2020. Environmental incidents: Two minor oil spills to ground, contaminated soil removed
  • Our sickness absence rate (days per employee per year) was 2.9%
  • Female/male employee rate for 2020 was 29%
  • Contribution to society is part of our sustainability efforts. We paid 215 million NOK in taxes to UK, Norway, and Sweden in 2020. And we distributed 5.7 million NOK to various local activities through community benefit funds

Read more about our environment, social, and governance performance in the ESG report and our corporate social responsibility in our CSR report.

ESG Report 2020 CSR Report 2020

It is embedded in our company culture to maintain a sustainable business model and to minimise the environmental footprint in all our activities