Our responsibility - Sustainability at Vattenfall
Vattenfall’s sustainability mission is to provide energy for today's society and contribute to the energy system of tomorrow by taking responsibility for its actions and by addressing economic, environmental and social aspects throughout the value chain.
Vattenfall’s definition of sustainability comes from the Brundtland Commission's from 1987:
- Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Sustainable development is a relative concept. It’s a question about finding the best solution using available resources and technologies and at the same time balance environmental, societal and economic factors. For Vattenfall, this means to continuously take new steps towards sustainability, while securing security of supply.
All energy production has an environmental impact. We therefore have a great responsibility to work with sustainability issues in all areas – from production to distribution and sales of our products: electricity, heat and gas. At the same time, secure and stable energy supply is a fundamental prerequisite for a functioning society.
We are here presenting our sustainability work with data as well as examples from our operations.. We present our goals and ambitions, and we put these into a context where our biggest challenge is to balance the differing demands of stable supply of energy and sustainable energy production.
We support the UN Global Compact
Vattenfall has subscribed to the the UN's Global Compact since 2002, and became a signatory in 2008. The Compact consists of ten principles established especially for businesses in the areas of human rights, labour and the environment. The signatory of the UN Global Compact means that Vattenfall reports improvements with a Communication on Progress (COP).
The Ten Principles (new window)