Offshore wind giant Orsted saw marginal gains in profit in the first-half of 2019, but overall busniess revenues were down for the firm.
The Danish company made a pre-tax profit of £614 million for H1 2019, and increase from £608m in 2019.
But revenues were down for the busniess, dropping from £4.7 billion for the first period last year to £4.1 billion for the same period in 2019.
Orsted President Henrik Poulsen said: “Over the past decade, we have undertaken one of the most ambitious green transformations in the global energy industry, guided by our vision of creating a world that runs entirely on green energy and our strong commitment to the Paris Agreement and the UN Sustainable Development Goals.
“We are fully on track to meet our target of a 98% reduction of the carbon emission intensity from our energy generation by 2025, making it essentially carbon free.
“We now take the next major step in our decarbonisation strategy and announce a new target that covers the indirect carbon emissions related to our business, which primarily relate to the sale of natural gas and fossil-based power in our customer business, and to the goods and services we source for construction of wind farms.
“By 2032, we want to reduce our indirect emissions by 50%, compared to 2018.”
