--- description: Find out why Orsted was selected for the inaugural list title: TIME100 Most Influential Companies 2021: Orsted image: https://static.time.com/v3/assets/bltea6093859af6183b/blt19980bf55ec09b3f/698a18de929fad2102bf747f/orsted-time100-companies.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Apr 23, 2021 # Orsted Pivoting to wind by [Justin Worland](/author/justin-worland/) ## Justin Worland Update your preferences in [Account Settings](/account/preferences/) Close Senior Correspondent  Orsted's offshore windfarm "Borssele 1 & 2," located off the coast of the Dutch province of Zeeland. Orsted's offshore windfarm "Borssele 1 & 2," located off the coast of the Dutch province of Zeeland.Courtesy Ørsted Many energy companies say they plan to transition away from fossil fuels to renewable-energy sources; Orsted is often held up as an example of a company actually doing it. Founded as the Danish Oil and Natural Gas company in 1973, Orsted sold off its oil-and-gas assets in 2017 and reoriented itself around renewable energy—particularly offshore wind. The bet paid off, and today Orsted is the world’s leading offshore wind operator. Perhaps more important, says CEO Mads Nipper, its success in the sector helped drive a global move toward a technology that could prove critical in fighting climate change. Orsted Is One of the 2021 TIME100 Most Influential Companies ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies/5950003/orsted/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies/5950003/orsted/"},"headline":"Orsted","datePublished":"2021-04-23T14:38:03.000Z","dateModified":"2026-03-02T23:48:43.036Z","description":"","url":"https://time.com/collections/time100-companies/5950003/orsted/","keywords":["Lists","franchise","TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt19980bf55ec09b3f/698a18de929fad2102bf747f/orsted-time100-companies.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Justin Worland","jobTitle":"Senior Correspondent","url":"https://time.com/author/justin-worland/"}],"creator":"Justin Worland","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt19980bf55ec09b3f/698a18de929fad2102bf747f/orsted-time100-companies.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies/5950003/orsted/","name":"Orsted"}}]}] ```