Vattenfall publishes Annual Report including Sustainability Report for 2012

Starting on Tuesday, 26 March, Vattenfall's Annual Report 2012 including Sustainability Report will be available for downloading from Vattenfall's website.

The Annual Report includes information about Vattenfall's financial results and performance during the year. It also describes the company's strategy, sustainability work and market situation.

"2012 was a tough year for the entire European energy sector, and the industry is facing considerable challenges. Demand stayed low as a result of the economic recession. At the same time, new capacity is being added, especially in renewable energy generation, which has led to low electricity prices. Low margins on electricity generation based on natural gas have put heavy pressure on the profitability of our gas-fired power plants, which a couple of years ago were considered to be a very good long-term investment. Previous market forecasts have been brushed aside, and what used to be considered 'normal' no longer applies. This is the new normal," comments Øystein Løseth, Vattenfall's President and CEO, in the Annual Report.

In the separate Sustainability Performance Report 2012 according to GRI, more detailed information is provided on the operations' environmental, social and economic impacts. Since 2003 Vattenfall has been reporting in accordance with the guidelines of the Global Reporting Initiative (GRI), which is an international framework for sustainability reporting.

The Annual Report including Sustainability Report can be downloaded from the following web pages:

Swedish version:
English version:

The Sustainability Performance Report 2012 according to GRI (English version) can be downloaded from
A Swedish language version is expected to be available for downloading in April, from

Vattenfall discloses this information pursuant to the Swedish Securities Market Act.

For further information, please contact:
Klaus Aurich, Head of Investor Relations, mobile +46 70 539 65 14
Åsa Pettersson, Head of Sustainability, mobile +46 70 388 50 84
Robert Pletzin, Press Officer, mobile +46 72 516 86 06

From Vattenfall’s Press Office, telephone: +46 8 739 50 10

About Us

Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see The media service section, including a picture archive and Vattenfall’s press releases, can be found under News & Comments.


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