Managing responsibly

    Sustainability is firmly embedded in the foundation of our corporate strategy and the ambitions have evolved with the growth and improved performance of our business.

    The clean energy provided by our blades is a strong contribution to a more sustainable planet, but as a manufacturing company, we also use materials, energy, equipment, transportation and generates various forms of waste. All of these processes are managed carefully according to the relevant legal and environmental standards and we are constantly striving to raise the bar.

    Sustainability is firmly embedded in the foundation of our corporate strategy and the ambitions have evolved with the growth and improved performance of the business. The culmination was the announcement at the end of 2016 that LM Wind Power will become carbon neutral by 2018, and plans to source all of its electricity from wind in 2017. This positions our company as the absolute industry leader, working to advance and accelerate the transition to a low carbon future.

    Our products are based on advanced technology and the skills of highly qualified people, passionate about creating the best wind turbine blades in the world. Their contribution in our 13 manufacturing facilities is crucial for our company’s success. We are committed to the local communities where we operate and generating long-term, skilled employment including a substantial training effort for our employees. 

    Our customers and supply base are also located all over the world, making it imperative that we have a clear set of values and a framework that sets the standard for our business activity and behavior. The Code of Conduct is key document in this regard, and addresses ethical business principles, human resources, human rights, anti-bribery and corruption, environmental principles and responsibility of managers and employees. Furthermore, we have been a signatory to the United Nations (UN) Global Compact since 2010.

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    Annual Report 2016

    Download the full 2016 Annual Report

    Want to go beyond the highlights? Explore our full annual report.

    Annual Report 2016

    Management review

    Marc de Jong, CEO, reflects on our fantastic 2016 performance.

    "2016 can be justifiably described as a truly outstanding year which continued the trend of consistently improving performance across the whole company."

    Annual Report 2016

    Financial highlights

    We delivered our best ever financial performance in 2016.

    What a year! Sales increased by 41%, to EUR 1,059 million, and we delivered impressive growth on all indicators. View the full financial results here.