Vattenfall Number 1 on Biodiversity ranking
Vattenfall takes the first place of this year’s edition of Ecogain’s Biodiversity Index. In total 240 of the largest companies in the Nordics and Baltics have been assessed evaluating biodiversity performance in their business operations.
Biodiversity is important to Vattenfall’s business operations and also a way to be competitive. Vattenfall’s business strategy is recognised for ambitious target setting, biodiversity work across the whole value chain and for reporting on its engagement in the different projects to reduce negative impacts on biodiversity.
“During 2020, we have set a bold ambition that we will strive towards Net Positive Impact on biodiversity, and it is important that we continuously work to protect nature. We are very proud to be recognised as the most progressive company when it comes to biodiversity as a part of our business strategy,” says Helle Herk-Hansen, Vice President of Environment, Vattenfall.
“Vattenfall's ambition and objective to have a net positive impact on biodiversity by 2030 is in line with science, and they clearly show in their sustainability reporting that they take biodiversity into account in their business processes. This has a major impact on the results of our analysis,” comments Fredrik Höök, CEO, Ecogain.
Biodiversity is clearly raising on the agenda. This year the global Conference of the Parties (COP 15) meeting on Biodiversity will take place in China and will play a key role in halting biodiversity loss and restoring nature. Also on EU level nature restoration is to be found in the growth strategy, the European Green Deal.
“Our work concerning biodiversity and sustainability is a prerequisite for implementing our business strategy. This is regardless if it is relating to environmental adjustments and flexibility in our Hydro operations, new concessions for Wind Power or new business like data centers and the HYBRIT project,” says Anna Borg, President and CEO, Vattenfall.
Ecogain is a Swedish environmental consultant specialising on biodiversity and has been conducting rankings since 2020. To learn more about the ranking click here.
Learn more about how Vattenfall recently joined an initiative to protect and restore nature here
Learn more about Vattenfall’s environmental responsibility and biodiversity here
For further information, please contact:
Henrik Svensson, Press Officer Vattenfall, +46 70 27 11132
Vattenfall’s Press Office, telephone: +46 (0)8 739 50 10, email: press@vattenfall.com
See also
Vattenfall's Annual and Sustainability Report 2023: Continued work for fossil freedom
Vattenfall’s Annual and Sustainability Report for 2023 contains a special focus on offshore wind and new nuclear power – necessary factors for the energy transition as well as Vattenfall's c...
A clear and ambitious EU 2040 climate goal will avoid a ‘too little too late’ scenario
At present, the EU does not have a climate target for 2040, in contrast to many member states and European companies, like Vattenfall.
Renewi's green gas makes Vattenfall's gas mix more sustainable
Vattenfall and Renewi, a leading waste-to-product company, have initiated a new partnership. Vattenfall will purchase more than 7.5 million m3 of green gas annually from Renewi.