May 17, 2020

Denmark’s Vestas installed 20% of all wind turbines last year

Sophie Chapman
2 min
Vestas installed the most wind turbines globally in 2018
The Danish wind turbine manufacturing, Vestas Win Systems A/S, was responsible for installing 20% of the world’s turbines in 2018.

This is according...

The Danish wind turbine manufacturing, Vestas Win Systems A/S, was responsible for installing 20% of the world’s turbines in 2018.

This is according to figure published by the Global Wind Energy Council, which claims that a total of 20,641 wind turbines were installed to generated 50,617MW of power.

Goldwind came in second position, followed by Siemens Gamesa and GE Renewable, CleanTechnica reported.

 “The report underlines that our customers across the globe continue to trust our solutions, and that Vestas as a result led the wind industry on key parameters in 2018,” stated Morten Dyrholm, Group Senior Vice President of Global Marketing and Communications at Vestas.


“2019 will be another busy year for Vestas where we execute our record-high order backlog and continue to invest in sustainable energy solutions that can increase the penetration of wind energy for the benefit of our customers, energy systems and planet.”

More than half of the companies in the top 15 positions are based in China.

“The fact that tier one suppliers gained greater market share in a year when the new installation declined by 3% reinforces that leading global suppliers’ hard work, focusing on product innovation and value-added solutions, has finally paid off,” commented Ben Backwell, CEO of GWEC.

“While there are 8 Chinese manufacturers included in the top 15, the picture changes dramatically when sales in the domestic Chinese market are excluded.”

“Aside from Goldwind, none of the Chinese suppliers installed sufficient new wind capacity in the overseas market for any to be included in the top 10 ranking in 2018.”

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Jun 14, 2021

Moody’s diversity, equity and inclusion report 2020

Helen Adams
3 min
Sustainability is integral at Moody's, as cataloged in the 2020 diversity, equity and inclusion report

Today Moody’s has released its inaugural Stakeholder Sustainability and Diversity, Equity and Inclusion (DE&I) reports, which detail Moody’s commitment to sustainability, diversity and inclusion. 

Financial services company Moody’s is headquartered in New York and has a revenue of $417m. The company has made significant progress on its environmental sustainability and DE&I commitments through 2020, from exceeding its climate promises to meeting the growing global demand for ESG capabilities from consumers. 

At Moody’s, diversity is strength 

The 15 page document reviews the company’s diversity and inclusion journey to date, race, ethnicity and gender data and investments in black equity. 

“The work of breaking down barriers for underrepresented groups in the workplace, in finance and in society starts with advancing Black culture”, said DK Bartley, Chief Diversity Officer. “This year, we’re proud to have pledged $2.2 million to support the Black communities where we live and work – and close the gap in finance and tech.”

Across its many offices, the message of welcoming every demographic of employees is clear.

“The best thing about working at Moody’s is the culture of collaboration between people of different backgrounds and cultures – seeing that in action really drives home the message that diversity is our strength”, Ronald Chan, Assistant Vice President, Government & Public Affairs, and Co-Chair of Moody’s LGBTA BRG (APAC).

According to the report, 33% of Moody’s executives are women, a 7% increase from 2018 and 33% of senior management are women. 

“Moody’s commitment to promoting inclusivity is exhibited through the culture, development and services we have in place to support women, people of colour and LGBTQ+”, Melanie Hughes, Chief Human Resources Officer. “We invest in this because we believe it is essential for everyone’s success.”

Satisfied customers and partners have seen that Moody’s commitment to diversity and inclusion is not just a PR stunt. 

“During our partnership, Moody’s has supported various research projects and initiatives that explore challenges and promote solutions to issues businesses face when establishing DE&I best practices. We look forward to our continued partnership with Moody’s to advance inclusive workplaces in the region.”

Peter Sargant, CEO, Community Business, Diversity and Inclusion in Asia Network (DIAN). 


Moody’s continues to improve representation

Moody’s holds its suppliers to the same high standard as itself, ensuring suppliers embody similar principles. The Supplier Diversity programme at Moody’s provides businesses owned by underrepresented groups with equal access to opportunities to conduct business with Moody’s. 

Moody’s recently pledged 5% of its 2021 procurement budget toward integrating women-owned businesses into its supply chain. 

“We know Moody’s has an important role in improving representation in the financial sector, and now is the time”, concluded DK Bartley. “Moody’s is continuing on the road to becoming a more diverse and inclusive company.”

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