Public Profile

Vattenfall

Vattenfall AB, a leading energy company headquartered in Sweden (SE), is renowned for its commitment to sustainable energy solutions. Founded in 1909, Vattenfall has evolved into one of Europe's largest producers and retailers of electricity and heat, with significant operations across Sweden, Germany, the Netherlands, and Denmark. The company focuses on renewable energy, including wind, solar, and hydroelectric power, alongside traditional energy sources. Vattenfall's unique approach to integrating sustainability into its core operations has positioned it as a frontrunner in the energy transition. With notable achievements in reducing carbon emissions and a strong market presence, Vattenfall continues to innovate in the energy sector, striving to provide reliable and environmentally friendly energy solutions for a sustainable future.

DitchCarbon Score

How does Vattenfall's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

37

Industry Average

Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

1

Industry Benchmark

Vattenfall's score of 37 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Vattenfall's reported carbon emissions

In 2023, Vattenfall reported total carbon emissions of approximately 25,000,000,000 kg CO2e. This figure includes about 7,940,000,000 kg CO2e from Scope 1 emissions, 100,000,000 kg CO2e from Scope 2, and around 15,000,000,000 kg CO2e from Scope 3 emissions. Over the years, Vattenfall has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in total emissions from approximately 47,600,000,000 kg CO2e in 2017 to the current figure. Despite the significant reductions, Vattenfall has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its carbon intensity in electricity generation, which was reported at 0.069 kg CO2e per kWh in 2023. Vattenfall's ongoing efforts reflect its commitment to sustainability and reducing the impact of its operations on climate change.

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20132014201520162017201820192020202120222023
Scope 1
22,600,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
Scope 2
100,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
19,600,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vattenfall's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Vattenfall is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Vattenfall is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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