Sustainability reporting and rankings
We use GRI Reporting Guidelines as guiding principles for our sustainability reporting. In addition, as a signatory of the UN Global Compact, we report the company's sustainability performance every year according to the Global Reporting Initiative's guidelines.
Sustainability ratings are becoming an increasingly important consideration for investors as well as for business customers choosing energy suppliers. Vattenfall is proud to be highly ranked for its sustainability performance by a number of ESG (Environment, Social, Governance) rating agencies.
Global reporting initiative
Sustainalytics – industry leader
According to Sustainalytics, a global provider of environmental, social and governance (ESG) research and ratings, Vattenfall is rated as a leader for 2018. This is an improvement from last year's ranking (ranked as outperformer) and the highest rank possible. The high score is an acknowledgement of Vattenfall's generally strong policies and programs to manage our key ESG issues. Vattenfall was assessed against 192 other companies in the oil, gas and energy industries. The rating is very important, as many investors incorporate Sustainalytics' analysis into their investment decision-making process.
EcoVadis – a gold rating
For 2019, Vattenfall received again the gold rating from EcoVadis. EcoVadis operates the first online platform providing Supplier Sustainability Ratings for global supply chains that enables companies to monitor the CSR performance of their suppliers worldwide. EcoVadis analyses CSR policy, implementation and performance with respect to environmental and social aspects, in the area of ethics and supply chain responsibility. The gold rating means that Vattenfall is in the top 1% of suppliers assessed by EcoVadis in all categories (40,000 suppliers) and in the top 3% in the Electricity, gas, steam and air conditioning category.
Ratings and rankings
CDP – Carbon Disclosure Project rating
The Carbon Disclosure Project – CDP, is the world's leading disclosure system for environmental data. It enables companies, cities and organisations to voluntarily disclose their climate-related strategies, performance and risks and opportunities. Investors and customers commonly use the information reported to the CDP as a basis for decision-making.
Based on companies' performance and disclosure CDP provides a score ranging from A to F, based on set criteria. For the performance of 2019 Vattenfall achieved an A displaying leadership on climate management, a result that only the top 2% of the over 8,000 rated companies achieve. Vattenfall is recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy.
Carbon Disclosure Project
CDP is the world's leading disclosure system for environmental data.
Annual and sustainability report
Read more on Vattenfall's renewable energy production and sustainable energy solutions.