Vattenfall publishes 2016 sustainability report: “Power Climate Smarter Living”
Vattenfall has published its 2016 sustainability report entitled 'Power Climate Smarter Living'.
Vattenfall plans to make growth investments of SEK 28 billion in the coming two years, most of which will be invested in renewable energy production.
This is in line with the company’s strategy to create a sustainable production portfolio and offer climate-smart solutions with the goal of making the company and the entire chain from suppliers to customers fossil-free.
Vattenfall states in the report that "...a more sustainable energy system is currently being created as the electricity market continues its shift towards fossil-free generation. This system is closer to customers and combines efficient, large-scale production with decentralised solutions. Today we are exceptionally well positioned to develop Vattenfall’s business in line with these trends,” said Magnus Hall, President and CEO of Vattenfall.