Vattenfall's Annual and Sustainability Report 2021:A year of increased climate ambitions and important steps towards fossil free living
In 2021 Vattenfall further increased its emission reduction target for 2030 and beyond, setting some of the most ambitious climate change targets in the energy sector. Emissions intensity will now be reduced by 77 percent from 2017 to 2030, achieving net zero in the full value chain by 2040.Already in 2020, Vattenfall achieved the target of reducing absolute CO2 emissions by nearly 40% from 2017 – ten years ahead of schedule. The new target were set to support limiting global warming to no more than 1.5 degrees. They are approved by the Science Based Targets initiative (SBTi), which