CSR initiatives and principles endorsed (4.12)

In June 2008, Vattenfall joined the UN Global Compact initiative. However, since June 2002 Vattenfall has participated in “Globalt Ansvar” (Swedish Partnership for Global Responsibility). By participating, Vattenfall has undertaken to support and respect the UN Global Compact initiative and to follow the OECD guidelines for multinational companies.

In February 2005, Vattenfall endorsed the Partnering Against Corruption Initiative of the World Economic Forum (PACI) and the PACI Principles for Countering Bribery. PACI is driven by the private sector with the mission to help consolidate industry efforts in fighting bribery and corruption and shaping the evolving regulative framework.