Vattenfall is a leading European energy company with approximately 20,000 employees. For more than 100 years we have electrified industries, supplied energy to people's homes and modernised our way of living. We now want to make fossil-free living possible within one generation.

Third quarter report

Vattenfall presented the financial report for the third quarter 2019 on 29 October.

Our road to fossil freedom

A new way for properties to produce their own renewable energy.

A network of charging stations to accelerate the transition to electric cars.

A new means of steel production that emits water rather than carbon dioxide. 

CO2 emissions

DateValue
01-01-19900
01-01-19950
01-01-20008
01-01-200279
01-01-200580
01-01-201088
01-01-201283.5
01-01-201523.9
01-01-202022
01-01-203010
01-01-20358
01-01-20405
01-01-20453
01-01-20500

Million tons, 1990-2050 (forecast)

A - Deregulation of Europe's energy markets begins.
B – Vattenfall grows internationally. Acquisitions in Europe including our German Lignite business.
C – Ongoing transition to enable fossil free living within one generation.

CO2 roadmap

Climate change is one of the biggest challenges of our time. Greenhouse gas emissions need to stop by the second half of this century if we are to limit global warming to 2 degrees Celsius. Tremendous effort is being put into limiting global warming even further, with the goal of an additional 1.5 degrees. Meeting this target requires the world to stop all CO2 emissions between 2030 and 2050.

The graph shows how Vattenfall's emissions have changed over time, as well as our forecast for the near future.

News

From left Statkraft's CEO Christian Rynning-Tønnesen, Fortum's CEO Pekka Lundmark and Vattenfall's CEO Magnus Hall. Photo: Statkraft
Photo: Statkraft

In a joint declaration, the CEOs of Fortum, Statkraft and Vattenfall encourage the EU to i...

News
Anna Borg, CFO and Magnus Hall, CEO and President of Vattenfall

Profits for the first nine months of the year improved substantially compared to 2018. Thi...

News

Careers

Interested in a career at Vattenfall? We believe the key to success is our people. Our belief in each other's ability is the essence of our work culture.

Employees sharing a laugh

See also

Woman riding an electric bike

We have a responsibility for our environmental and social impacts.

Read our latest annual and sustainability report, interim reports and other presentations.

Ice on a lake

Read Vattenfall's statement on slavery and human trafficking.