Vattenfall received the highest ranking for sustainability performance

Vattenfall has been ranked ‘Leader’ by Sustainalyctis, a global provider of environmental, social and governance research and ratings.

More information

Sustainalytics

Rating-stars.jpgIn parallel to being assessed for their financial and business performance, companies are to an increasing extent, also rated for their sustainability performance.

The environmental, social and governance (ESG) criteria is a set of standards for a company’s operations that socially conscious investors use to screen potential investments.

Highest possible rank

Environmental criteria look at how a company performs as a steward of the natural environment. Social criteria examine how a company manages relationships with it stakeholders like employees, suppliers, customers and the communities where it operates and issues such as business ethics and human rights.

The Governance part assesses how the company is steered, looking at policies, internal controls and management systems in place, and issues like  company’s leadership, executive pay, audits and shareholder rights.

“We are very pleased that we are ranked ‘Leader’ by Sustainalyctis. This is an improvement from last year’s ranking – where we were rated as ‘outperformer’ - and the highest rank possible,”  says Anne Korthals Altes, Sustainability Manager at Vattenfall.

Important rating

Vattenfall was assessed against 192 other companies in the oil, gas and energy industry. The ESG rating is important, as many investors incorporate Sustainalytics' analysis into their investment decision-making process.

”ESG is increasingly mainstream and integrated as a core component of investor strategies. ESG ratings are also growing in importance as investors look for detailed ESG data and qualitative assessments. It is very positive to see that all the great progress on Sustainability throughout Vattenfall is acknowledged by Sustainalytics – one of the highest regarded ESG ratings,” says Johan Sahlqvist, head of Investor Relations at Vattenfall.

See also

Fossil-free steel production ready to scale up

At the ChangeNow conference in Paris, the Swedish HYBRIT project showcased its successful fossil-free steel production, highlighting the potential for scaling up and emphasizing Sweden's adv...

Read the full article

Bruzaholm´s wind turbines are arriving

The installation of 21 wind turbines in Bruzaholm has now begun. This involves, among other things, transporting the 83-metre-long turbine blades by special transport on the roads of souther...

Read the full article
Vattenfall diversity month cover image

Vattenfall Diversity Month: We are part of something bigger

Vattenfall is celebrating diversity month because we are part of something bigger: This month is not just an internal celebration. It is part of a broader EU initiative that brings together ...

Read the full article