Vestas Wind Systems A/S

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong Vestas Wind Systems provides a high level of transparency on the substance of its climate-policy engagements. It names a wide range of specific measures it has worked on, including the EU “Draft Taxonomy Delegated Act,” the revision of the “Energy & Environment State Aid Guidelines,” the “Fit for 55” package, the “Carbon Border Adjustment Mechanism,” national offshore-wind auction designs in multiple jurisdictions, U.S. clean-energy tax provisions under the Inflation Reduction Act, and the European Commission’s “Wind Power Package.” The company also explains how it engages, citing direct advocacy, information campaigns, meetings with officials, participation in consultations and public hearings, and indirect work through more than 100 industry associations such as WindEurope and the Global Wind Energy Council, and notes its registration in the EU Transparency Register; although it generally refers to “European policymakers,” “national governments,” and other public bodies rather than naming individual offices, the mechanisms and targets are described clearly. Vestas is equally explicit about what it is trying to achieve, seeking to “accelerate the clean energy transition in line with the Paris Agreement,” “remove permitting bottlenecks,” “upscale grid infrastructure,” “set a meaningful price on greenhouse-gas emissions,” redesign electricity markets to accommodate variable renewables, ensure only renewable hydrogen is labelled “green,” and promote circular-economy rules for turbine-blade recycling. Taken together, these disclosures demonstrate strong transparency across the main dimensions of climate-policy lobbying. 3
Lobbying Governance
Overall Assessment Comment Score
Moderate Vestas has established a focused lobbying governance approach that ties its engagement activities to its climate strategy, stating that “Any engagement we have focuses thus on accelerating the clean energy transition” and aligning all advocacy “in line with the Paris Agreement goal of limiting global warming to 1.50 °C above pre-industrial levels.” It discloses oversight by a named executive, noting that “Our Head of Global Public Affairs monitors the activities of the department and ensures board oversight through quarterly reporting of these activities.” Vestas clearly outlines both its direct and indirect lobbying channels, explaining that it “engage[s] with governments and public stakeholders through direct advocacy … and through indirect lobbying via associations” and that it participates in over “100 renewable energy associations … to help define policy recommendations.” However, the company does not disclose a formal mechanism for reviewing or aligning its indirect lobbying efforts within these associations, nor does it present a comprehensive audit or third-party review of its climate lobbying alignment. 2