Environmental, social and governance (ESG) ratings

Vattenfall is assessed by several sustainability rating agencies on our ESG performance.

These ratings are becoming an increasingly important consideration for our investors as well as for our business customers. We want to be as open and transparent as possible in our sustainability reporting and we are proud to be highly ranked for our sustainability performance. The below table shows the agencies we actively engage with and our most recent rating scores.

Rating agency	Rating focus	Score	Latest assessment	More
CDP	The leading system globally for disclosing environmental data for investors, companies, cities, states and regions.	Score A-: top 26% of all rated companies.	December 2021 Read the press release about the CDP rating	CDP
EcoVadis	An online platform that enables companies to monitor the CSR performance of their supply chains by providing supplier sustainability ratings.	Platinum rating: top 1% in the energy sector.	April 2022 Read the press release about the EcoVadis rating	EcoVadis
ISS ESG	ESG rating mainly for the investment community. The assessment spans a broad range of ESG issues that are analysed on the basis of up to 100 rating criteria, most of them sector-specific	Score B “Prime”: highest decile of companies assessed in the sector.	May 2021	ISS ESG
MSCI	ESG rating mainly for the investment community. Uses a rules-based methodology to identify industry leaders and laggards. Ranks companies according to their ESG risk exposure and how well they manage those risks relative to peers.	Score AA “Leader”: meaning top 29% of companies assessed in the sector.	September 2021	MSCI
Sustainalytics	ESG rating mainly for the investment community. Uses a two-dimensional materiality framework that measures a company’s exposure to industry-specific material risks and how well a company is managing those risks.	ESG risk rating: Medium (Strong management score and high exposure). Top-13% of companies in subindustry	January 2022	Sustainalytics