Vattenfall

Vattenfall, headquartered in SE, operates in the transmission services of electricity sector. The company has demonstrated a significant commitment to climate action, aiming for net-zero emissions across its entire value chain by 2040.

In 2025, Vattenfall reported total emissions of approximately 23.5 billion kg CO2e. This figure is comprised of Scope 1 emissions amounting to approximately 3.4 billion kg CO2e, Scope 2 emissions of approximately 31 million kg CO2e, and Scope 3 emissions totalling approximately 19.8 billion kg CO2e. Notably, the largest contributor within Scope 3 for 2025 was fuel and energy-related activities, accounting for approximately 7.3 billion kg CO2e.

Vattenfall has set ambitious reduction targets. By 2030, the company aims for a 77% reduction in emissions intensity for Scopes 1 and 2, from a 2017 baseline of 153 gCO2e/kWh to 35 gCO2e/kWh. Furthermore, Vattenfall has a commitment to achieve at least a 90% reduction in absolute emissions across its full value chain by 2040, compared to 2017 levels. There is also a stated target for a 95% reduction in absolute emissions across the full value chain by 2040.

The company's historical emissions data shows a trend of reduction. For instance, in 2018, total emissions were approximately 47.1 billion kg CO2e, with Scope 1 contributing around 22.6 billion kg CO2e and Scope 3 around 24.4 billion kg CO2e. By 2023, total emissions had decreased to approximately 25.9 billion kg CO2e, with Scope 1 at about 3.2 billion kg CO2e and Scope 3 at approximately 22.7 billion kg CO2e. This indicates a significant reduction in overall emissions over the years, aligning with their climate commitments.