Vattenfall AB (publ)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Vattenfall AB (publ) disclosed greenhouse gas emissions of 9.5 million tonnes CO2e. By scope: Scope 3: 13.7 Mt CO2e since 2017. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
9.5 million tonnes CO2e
2022
💧
Water Usage
711 million m3
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).13.7 Mt CO2e since 2017

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption
  • Reduce emissions from suppliers

📅 Medium-term

  • Achieve net-zero emissions by 2040
  • Reduce emissions from own operations by 77% by 2030
  • Reduce Scope 3 emissions from sold goods by 33% by 2030
  • Increase renewable energy capacity

🔭 Long-term

  • Net-zero emissions across the entire value chain by 2040

🌱 ESG Focus Areas

Fossil-free energyClimate changeAffordable energyEnergy storageGrid infrastructureHealth and safetySustainable supply chainPartnerships for emissions reductionNuclear powerBusiness ethicsInnovationResource use and circularityBiodiversityWaterEmployee engagementCommunity engagementOther emissions (non-greenhouse gases)Diversity, inclusion, and equalityData privacy

⚠️ Challenges & Risks +

  • Supply chain disruptions due to the war in Ukraine and increased energy prices
  • High energy prices impacting customers' ability to pay bills
  • Long lead times for grid expansion
  • Intensified competition in the renewable energy sector
  • Regulatory instability
  • Need to automate processes to handle intermittent renewable energy production and flexible demand
  • Securing necessary skills and expertise for the energy transition
  • Managing climate-related risks
  • Ensuring a just transition
  • Managing risks related to human rights in the supply chain

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Universal Standards 2021, Integrated Reporting, UNGC