Vattenfall

Vattenfall, headquartered in Sweden and operating in electricity transmission services, is committed to achieving net-zero emissions across its full value chain by 2040.

In 2025, Vattenfall's total emissions are approximately 23.5 billion kg CO2e. This includes Scope 1 emissions of about 3.4 billion kg CO2e, Scope 2 market-based emissions of approximately 31 million kg CO2e, and Scope 3 emissions of around 19.8 billion kg CO2e. Key categories within Scope 3 include use of sold products (approximately 11.4 billion kg CO2e) and fuel and energy-related activities (around 7.3 billion kg CO2e).

Looking back, Vattenfall's total emissions have shown a downward trend from approximately 47.1 billion kg CO2e in 2018 to around 24.6 billion kg CO2e in 2024.

Vattenfall has set ambitious reduction targets:

• Net Zero: Committed to reaching net zero emissions across its full value chain by 2040.
• Scope 1 and 2: Aims for a 77% reduction in emissions intensity (gCO2e/kWh) by 2030, compared to a 2017 baseline, and a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040, also from a 2017 baseline. This also corresponds to an absolute reduction of over 75% for Scope 1 and 2 emissions by 2030.
• Scope 3: Targets a 50% absolute reduction in Scope 3 GHG emissions by 2030 from a 2017 baseline, and a 90% absolute reduction by 2040. Specifically, there is a target for a greater than 54% reduction in Scope 3 emissions from the use of sold goods by 2030, compared to 2017. Furthermore, they aim for a 50% reduction in emission intensity in Capital goods and Purchased goods and services by 2030 from a 2017 baseline.

Vattenfall's emissions data and reduction targets are directly reported by Vattenfall AB.