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Pivoting a Business Model in Real Time: Measuring and Communicating a Transformation in Motion

In just 10 years, DONG Energy has transformed itself from one of the most coal-intensive utilities in Europe to a leading global renewable energy giant. DONG reduced its coal consumption by 74% by replacing coal and gas with biomass at a number of its power plants, has constructed huge offshore wind farms in European waters, and today owns as much as one-fourth of the offshore wind capacity in the world. The company’s sustainability department has played a crucial role in this massive turnaround from a coal-intensive utility to market leader in offshore wind. This talk will walk attendees through the kinds of non-financial data that has been most helpful in demonstrating the value of the transition to shareholders and other key stakeholders.

Rasmus Skov, HEAD OF SUSTAINABILITY PERFORMANCE, DONG ENERGY

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