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.
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.
Industry Benchmark
Vattenfall's score of 84 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vattenfall's reported carbon emissions
In 2025, Vattenfall reported total carbon emissions of approximately 31.7 billion kg CO2e. This figure reflects a significant reduction from previous years, with emissions in 2024 at about 24.6 billion kg CO2e, which included 3.3 billion kg CO2e from Scope 1, 30 million kg CO2e from Scope 2, and 21.3 billion kg CO2e from Scope 3 emissions. In 2023, total emissions were approximately 41.8 billion kg CO2e, comprising 7.9 billion kg CO2e from Scope 1, 100 million kg CO2e from Scope 2, and 15 billion kg CO2e from Scope 3. Vattenfall has set ambitious climate commitments, aiming for net zero emissions across its entire value chain by 2040. This includes a target to reduce Scope 1 and 2 emissions intensity by 77% by 2030, from a baseline of 153 gCO2e/kWh to 35 gCO2e/kWh. Additionally, the company aims to achieve a 45% reduction in upstream emissions by 2022 compared to 2017 levels. The company’s reduction initiatives are supported by its commitment to the Science Based Targets initiative (SBTi), which includes a target to reduce absolute emissions in Scope 1 and 2 by 50% by 2030. Vattenfall's efforts are part of a broader strategy to transition towards a fossil-free future, with a focus on reducing emissions from traded electricity, fuel extraction, and raw materials used in operations.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 86,700,000,000 | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000 | 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 | 00,000,000,000 |
Industry emissions intensity
Location emissions 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 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.
