Sustainable Business Leadership Award
This award recognizes New Jersey companies that demonstrate a significant commitment to the core sustainability principles of people, planet, and prosperity, along with strong support for values that the Sustainable Jersey program advances.
2021 Recipient: Ørsted
Ørsted ranks as the world’s most sustainable energy company in Corporate Knights’ 2021 Global 100 index of the most sustainable corporations and is recognized on the CDP Climate Change A List as a global leader on climate action. The company develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants. Ørsted is on track to becoming carbon neutral in energy generation and operations by 2025, making it the first major energy company to transform from fossil fuels and reach net-zero emissions.
Ørsted has been on the ground in New Jersey for more than five years, developing the state’s first offshore wind project –Ocean Wind 1, in partnership with PSEG. This project will deliver enough offshore wind capacity to power an average of 500,000 New Jersey homes. Earlier this year, the State of New Jersey selected Ørsted’s Ocean Wind 2 as part of the State’s second offshore wind solicitation. This project is poised to deliver over 1,148MW of offshore wind to the Garden State.
In addition, Ocean Wind 2 has committed $1 billion of in-state spending for workforce development to create new green jobs and build specialized manufacturing capabilities and is committed to creating good-paying union jobs from workforce hiring from areas most affected by climate change.
Previous Sustainable Business Leadership Award Recipients
To view all Sustainable Business Leadership Award recipients since 2014, click here.