Varun Sivaram, Ørsted SVP for Strategy and Innovation, selected as a 2023 World Economic Forum Young Global Leader
WASHINGTON, D.C. | March 14, 2023 – Today, Dr. Varun Sivaram, Group Senior Vice President for Strategy and Innovation at Ørsted, a global clean energy leader, was recognized as a 2023 World Economic Forum (WEF) Young Global Leader. The WEF Young Global Leader award is presented each year to a group of outstanding individuals under the age of 40 who have dedicated their careers to addressing the world’s most pressing issues and are committed to creating a better future. Nominated from around the world, Young Global Leaders have included heads of state, Nobel Laureates, and Olympic athletes. Dr. Sivaram is one of nearly 100 young leaders who have been selected to join WEF’s 2023 class of award recipients.
“It’s such an honor to join this community of leaders driving transformative impact,” said Dr. Sivaram. “Ørsted’s vision is a world that runs entirely on green energy, and we work every day to scale the clean technologies and infrastructure needed to tackle the global climate crisis. Having worked closely with the WEF to stand up the First Movers Coalition, I know how committed the institution is to accelerating climate action, and I am delighted to be a part of the WEF’s 2023 Class of Young Global Leaders. I look forward to collaborating with this community to build a better future for our planet.”
Dr. Sivaram joined Ørsted in February to oversee Ørsted Group’s corporate strategy and lead the development and deployment of transformative technologies and digital innovations.. Prior to Ørsted, Dr. Sivaram served in the U.S. Biden-Harris Administration as Managing Director of Clean Energy and Innovation and Senior Advisor to Secretary John F. Kerry, the U.S. Special Presidential Envoy for Climate. While serving in the administration, he championed the First Movers Coalition, an initiative launched by the United States and the WEF to speed innovation in critical climate technologies, of which Ørsted was a founding member. Dr. Sivaram previously served as Chief Technology Officer of ReNew Power (NASDAQ: RNW), India’s largest renewable energy company, and has been named one TIME Magazine’s TIME 100 Next and MIT Technology Review’s top 35 innovators under 35.
Dr. Sivaram, a Rhodes and Truman Scholar, earned his undergraduate degrees in engineering physics and international relations from Stanford University, and his Ph.D. in condensed matter physics from Oxford University. He is the first Ørsted employee to be chosen for this award.
About Ørsted
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognised on the CDP Climate Change A List as a global leader on climate action and was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi). Headquartered in Denmark, Ørsted employs approx. 8,000 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2022, the group's revenue was DKK 132.3 billion (EUR 17.8 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter.