On this page, you will find information on the structure of Vattenfall's corporate governance and the reporting structure. Supported by good corporate governance – with effective organisational structure, internal control and risk management – Vattenfall's business can be driven towards the set targets and in accordance with the Vattenfall principles.
The parent company of the Vattenfall Group, Vattenfall AB, is a Swedish public limited liability company with registered office in Solna, Sweden. Vattenfall AB is thereby subject to the provisions of the Swedish Companies Act.
The main decision-making bodies are the Annual General Meeting (AGM), the Board of Directors and the President. The Board of Directors is elected by the AGM. The Board, in turn, appoints a President and CEO, who is responsible for the day-to-day administration of the company in accordance with the Board's guidelines and instructions.
Vattenfall AB is wholly owned by the Swedish state.
Major parts of the Group's business are carried out in wholly and partly owned subsidiaries. For more information about legal entities within the Vattenfall Group, see the Annual and Sustainability Report (PDF 6 MB).
Text in the illustration:
Owner via the AGM, Board of Directors, CEO and Executive Group Management, Remuneration Committee, Auditor, Audit Committee, Internal Audit, Business Areas and Staff Functions according to the organisational structure.
Important internal and external rules and regulations for Vattenfall
External rules and regulations:
1 Vattenfall adheres to the stock exchange rules that apply for companies that have fixed-income securities registered on Nasdaq OMX Stockholm and other marketplaces.