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.

82

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.

16

Industry Benchmark

Vattenfall's score of 82 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Vattenfall's reported carbon emissions

In 2023, Vattenfall reported total carbon emissions of approximately 41,800,000,000 kg CO2e, a reduction from about 47,100,000,000 kg CO2e in 2022. The emissions breakdown for 2023 includes 7,900,000,000 kg CO2e from Scope 1, 100,000,000 kg CO2e from Scope 2, and 15,000,000,000 kg CO2e from Scope 3. Notably, Vattenfall has set ambitious climate commitments, aiming for a 45% reduction in upstream emissions by 2022 compared to 2017 levels, and a long-term target of achieving net zero emissions across its entire value chain by 2040. These initiatives reflect Vattenfall's commitment to addressing its climate footprint and enhancing sustainability within its operations and supply chain.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
82,700,000,000
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
0,000,000,000
Scope 2
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
-
-
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

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. This request for Vattenfall is in SE, which has a very low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers