Supplier relations

Vattenfall's vision is to be among the leaders in developing environmentally sustainable energy solutions. This can only be achieved through efficient and effective operations across the Group.

For Vattenfall, this means being the partner of choice for our suppliers while best serving our vision and targets.

Overview of our activities

Our aim is to always deliver value to our owner and customers, using efficient and responsible procurement practices. Vattenfall's suppliers are important stakeholders and vital to the success of our business.

Every year Vattenfall spends billions of Euros in procurement of goods and services to support our business activities. The broad spectrum of goods and services procured ranges from fuel for our generation units to outsourced works and services, and from large scale investments in turbines to office material and IT solutions. Our suppliers are part of the entire value chain of our operations.

Securing a trustful relationship

Subscribing to the UN Global Compact and applying its fundamental principles in the areas of human rights, working conditions, the environment and the fight against corruption, is one way for us to show our responsibility throughout the entire value chain of our operations, including our suppliers.

Our Code of Conduct for Suppliers is based on the UN Global Compact principles. It is natural for us to ask our suppliers to also accept and comply with these principles. The Code of Conduct for Suppliers should work as a platform to secure the right behaviour for sustainable and trustful relationships between Vattenfall and its suppliers.

The purpose of the Code of Conduct for Suppliers is to create awareness and to influence suppliers to achieve improvement in sustainability aspects, and for them to, in turn, influence their own sub-suppliers.

Last updated: 2018-02-20 15:17