Vattenfall

Vattenfall's reported carbon emissions

## Vattenfall: Carbon Emissions and Climate Commitments Vattenfall, a transmission services provider headquartered in SE, is committed to significant reductions in its carbon emissions. The company aims to achieve net zero across its full value chain by 2040. **Recent Emissions Data:** * **2025:** Vattenfall reported total emissions of approximately 23.5 billion kg CO2e. Scope 1 emissions were about 3.4 billion kg CO2e, Scope 2 emissions were around 31 million kg CO2e (market-based), and Scope 3 emissions accounted for approximately 19.8 billion kg CO2e. * **2024:** Total emissions were approximately 24.6 billion kg CO2e, comprising about 3.3 billion kg CO2e in Scope 1, roughly 27 million kg CO2e in Scope 2 (market-based), and around 21.3 billion kg CO2e in Scope 3. * **2023:** Total emissions were approximately 25.9 billion kg CO2e, with Scope 1 at about 3.2 billion kg CO2e, Scope 2 at approximately 30 million kg CO2e (market-based), and Scope 3 at around 22.7 billion kg CO2e. **Climate Commitments and Targets:** Vattenfall has established ambitious climate targets: * **Net Zero by 2040:** The company is committed to achieving net zero greenhouse gas emissions across its entire value chain by 2040. * **95% Reduction in Value Chain Emissions:** Vattenfall aims for a 95% reduction in absolute emissions across its full value chain by 2040, relative to a 2017 baseline. * **Scope 1 & 2 Intensity Reduction:** A significant target is a 77% reduction in emissions intensity for Scope 1 and 2 by 2030, moving from 153 gCO2e/kWh to 35 gCO2e/kWh. This is also described as a target for a more than 75% reduction in absolute Scope 1 and 2 emissions. * **Scope 3 Reduction:** Vattenfall is working towards a reduction of at least 54% in Scope 3 emissions (specifically from the use of sold goods) by 2030, compared to a 2017 baseline. Further, there's a commitment to a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2040, compared to 2017. These targets demonstrate Vattenfall's dedication to decarbonising its operations and value chain in line with global climate goals.