Vattenfall

Vattenfall, headquartered in Sweden and operating in the transmission services of electricity industry, reported total carbon emissions of approximately 23.5 billion kg CO2e in 2025. This includes Scope 1 emissions of 3.4 billion kg CO2e, Scope 2 market-based emissions of 31 million kg CO2e, and Scope 3 emissions of 19.8 billion kg CO2e. In 2024, their total emissions were about 24.6 billion kg CO2e, with Scope 1 at 3.3 billion kg CO2e, Scope 2 market-based at 27 million kg CO2e, and Scope 3 at 21.3 billion kg CO2e. For 2023, total emissions were approximately 25.9 billion kg CO2e, comprising Scope 1 emissions of 3.2 billion kg CO2e, Scope 2 market-based emissions of 30 million kg CO2e, and Scope 3 emissions of 22.7 billion kg CO2e.

Vattenfall is committed to reducing its climate impact with a long-term goal of reaching net zero across its full value chain by 2040. This commitment includes an aim for a 90% or more reduction in absolute Scope 1, 2, and 3 emissions compared to 2017 levels by 2040. For near-term targets, Vattenfall aims to reduce its Scope 1 and 2 GHG emissions intensity by 77% per kWh by 2030 from a 2017 baseline, corresponding to approximately a 75% reduction in absolute emissions. Furthermore, Vattenfall targets a 50% reduction in absolute Scope 3 GHG emissions by 2030 from a 2017 baseline, specifically focusing on the use of sold goods. They also aim for a 90% reduction in absolute Scope 3 GHG emissions by 2040 from a 2017 baseline.

Looking at historical data, Vattenfall's total carbon emissions have generally shown a declining trend since 2018, where they stood at approximately 47.1 billion kg CO2e. In 2017, total emissions were about 52.9 billion kg CO2e. The company has also previously aimed to reduce its Scope 1 and 2 emissions by nearly 40% by 2030 compared to 2017.