The ethical standards of Vattenfall

Integrity within Vattenfall means that Vattenfall employees take ownership and personal responsibility for doing the right thing by acting in line with the ethical standards of the company.

Integrity within Vattenfall

Environmentally sustainable energy

Our assignment is to conduct energy operations with a market rate of return and be among the leaders in developing environmentally sustainable energy production.

Our vision and strategy

Transparent and modern governance

Vattenfall is owned by the Swedish state. In all operations, the company's management adheres to transparent and modern standards of governance.

Corporate Governance


In electricity and heat, Vattenfall works in all parts of the value chain:

  • Production
  • Distribution
  • Sales

In gas, we are active in sales. 

We use six energy sources (PDF 7 MB)

Research and Development

Vattenfall's Research and Development contributes to the development of tomorrow's energy system.

The goal is to shift the energy mix towards low CO2-emitting generation.

Research and Development


Vattenfall focuses on three main markets:

  • the Nordics
  • Germany
  • the Netherlands

We have a top three position in all of these markets.

Vattenfall's markets

Energy trading

Vattenfall is one of the leading trading companies in the European energy industry. 

We offer reliable, responsible and flexible access to all relevant commodity wholesale markets.

Our Asset optimisation and trading business

Facts and figures 2013

Net sales SEK 171.7 billion
Operating profit SEK -6.5 billion
Underlying operating profit SEK 27.9 billion
Electricity generation 181.7 TWh
Number of employees 31,819 FTE

Vattenfall in numbers

Our sponsorship programmes

Vattenfall's sponsorship programmes aim to support initiatives in communities where we operate and to add value to society. Moreover, we want to inspire people and motivate them to live more healthily.

Our sponsorships

View National Olympic Committee film

Local sponsorships

These projects include being the organiser and main sponsor of one of Europe's biggest cycling event, offering energy tips at the world's coldest market and supporting students in their development of a solar racing car.

Local sponsorships

Meet our CEO

"The energy sector is facing considerable challenges. Due to this, Vattenfall implemented a new strategy during the year to address the tougher market conditions."

CEO statement at the AGM 2013