Public policy positions and development (SO5)

Dealing with climate change is a significant issue for Vattenfall. Vattenfall fully recognises the risks of climate change and wants to contribute constructively to efforts to find solutions to the problem. Accordingly, Vattenfall has engaged in this issue internationally and launched a global initiative – Combat Climate Change (3C) – which demands that climate issues be integrated into the world of markets and trade. The 3C initiative is aimed at creating a global alliance of companies that are willing to take the lead in demanding integration of climate issues into the world market and facilitate trading through a global framework that will come into force in 2013. Vattenfall is responsible for co-ordinating the initiative. Other companies are welcome to join.