Our vision and strategy for sustainability

Access to energy is a precondition for the function and development of society. However, all energy generation has an impact on the environment. Vattenfall supports sustainable development in society by managing the balance between secure energy supply and environmental and social consequences in a responsible way. The guiding principle is that meeting the needs of the present must never compromise the ability of future generations to meet theirs.

Vattenfall’s approach to sustainability is embedded in our business strategy and strategic direction: Making Electricity Clean. This strategy is based on the belief that aligning our core business activities with the conditions and requirements of tomorrow’s marketplace will create a significant competitive advantage.

Vattenfall’s business strategy is to be a leader in this transition, through investment in renewable energy, nuclear power, and carbon capture and storage (CCS). The company is committed to climate-neutral generation by 2050 at the latest, and to halving its emissions from generation of electricity and production of heat by 2030. Making Electricity Clean also entails promoting the use of electricity in society as a way to improve resource efficiency and reduce emissions. Vattenfall is also emphasising research and development of energy solutions that are not yet commercially available. This work provides knowledge and expertise for the benefit of the company as well as society.