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 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 52 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vattenfall's reported carbon emissions
In 2023, Vattenfall reported total carbon emissions of approximately 25,000,000,000 kg CO2e, with Scope 1 emissions at about 7,940,000,000 kg CO2e, Scope 2 emissions at 100,000,000 kg CO2e, and Scope 3 emissions reaching approximately 15,000,000,000 kg CO2e. This marks a significant reduction from previous years, reflecting Vattenfall's commitment to sustainability. Vattenfall has set ambitious climate targets, aiming for net-zero greenhouse gas emissions across its value chain by 2040. The company has established near-term targets to reduce Scope 1 and 2 GHG emissions by 77% per kWh by 2030, using 2017 as the baseline year. Additionally, it aims to cut Scope 1 and 3 emissions from all sold electricity by 77% per kWh and reduce absolute Scope 3 emissions from the use of sold products by 54.6% by the same year. Long-term goals include a 93.5% reduction in Scope 1 and 2 emissions per kWh by 2040 and a 90% reduction in absolute Scope 3 emissions from the use of sold products. These targets encompass land-related emissions and removals from bioenergy feedstocks, demonstrating Vattenfall's comprehensive approach to tackling climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 22,600,000,000 | 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 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 100,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 19,600,000,000 | 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 | 00,000,000,000 |
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 committed to some reduction initiatives 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.
