Press release
28.03.2023
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 green energy transition as well as
Vattenfall's continued work for fossil freedom.
The demand for fossil-free energy increased during
2023, and the targets for the energy transition have never been
higher. However, the required build-out is not keeping pace.
Investments need to multiply and the right incentives for those
affected by the necessary new infrastructure must be developed.
Vattenfall is committed to building
a future where everyone can choose fossil-free ways to move, make,
and live. In 2023, we accelerated progress towards our goal
- from the inauguration of the Hollandse Kust Zuid wind farm to
helping Bristol in the UK decarbonise through a citywide district
heating network.
In 2024, we will continue to leverage our existing
business and the opportunities the green energy transition will
give us.
"I truly believe that the energy transition is a
possibility and that we as a society, with full respect for the
complexity, should act together now to make it happen. Vattenfall
is ready to do our part," says Vattenfall's CEO and President Anna
Borg.
Some facts from the Annual and Sustainability Report
2023:
· 500,000 new customers
have chosen Vattenfall.
· CO2 emissions from our
own operations has been reduced by 56 percent between 2017 and
2023.
· 37 billion was
invested, of which 89 percent was eligible and aligned with the EU
taxonomy regulation. Wind power accounted for 54 percent of the
investments, the electricity grid 19 percent and nuclear power 5
percent.
· The capacity of fossil
free electricity is now 5.4 GW, an increase by 2.1 GW since
2017.
Read Vattenfall's Annual and
Sustainability Report 2023 here:
Vattenfall ASR 2023
The information was submitted for publication, through the
agency of the contact persons set out below, at 09.00 CET on March
28, 2024. This report has been prepared in both Swedish and English
versions. In the event of discrepancies between the two versions,
the Swedish version shall govern.
For further
information, please contact:
Johan Sennerö, press officer +46-73 046 40 45
Johan.senneroe@vattenfall.com