Vattenfall’s Annual and Sustainability Report for 2015: “Energy You Want”

Vattenfall’s Annual and Sustainability Report for 2015 was published today and is now available on corporate.vattenfall.com

The Annual and Sustainability Report for 2015 has Vattenfall’s new vision “Energy You Want” as its theme and describes, among other things, the company’s strategy to become more customer-centric, to provide its customers with more sustainable energy solutions, and to transform towards a sustainable energy portfolio.

“In 2015 we further refined our strategy with the goal to be a leader in the transformation towards an entirely renewable energy system. This is a shift that we support to the highest degree, but which is also a challenge to achieve with today’s overcapacity and low energy prices,” writes Magnus Hall, President and CEO of Vattenfall.

In the end of 2015 Vattenfall’s Board of Directors adopted six new strategic long-term targets in order to better reflect the strategy and its four strategic objectives: Leading towards Sustainable Consumption; Leading towards Sustainable Production; High Performing Operations as well as an Empowered and Engaged Organisation. One of these new targets is continuous focus on wind power, where the commissioned new capacity should amount to at least 2,300 MW until 2020.
      

Vattenfall discloses this information pursuant to the Swedish Securities Market Act
      

For further information, please contact:
Johan Sahlqvist, Head of Investor Relations, tel: +46 8 739 72 51
Robert Pletzin, Media Relations Manager EU and Corporate, tel: +46 725 16 86 06

From Vattenfall’s Press Office, telephone: +46 8 739 5010, e-mail: press@vattenfall.com
Facebook: facebook.com/vattenfallpressrum
Twitter: twitter.com/Vattenfall_Se
      

Vattenfall is a Swedish-owned energy company with operations in Sweden, Germany, the Netherlands, Denmark, UK and Finland. “Energy You Want” - Vattenfall’s vision is to be a dedicated partner to its customers and society at large, providing convenient and innovative energy solutions. Vattenfall aims to be a leader in sustainable production, ensuring reliable and cost-efficient energy supply.