Vattenfall - Corporate governance

Corporate governance

The parent company of the Vattenfall Group, Vattenfall AB, is a Swedish public limited liability company with its registered office in Stockholm, Sweden.

The Group's corporate governance is based on the Swedish Companies Act (“Aktiebolagslagen”), and other applicable Swedish and foreign laws and regulations as well as the companies’ Articles of association and other documents, such as the Group Management System. Where applicable, Vattenfall also complies with the rules and regulations for companies with shares listed on the Stockholm Stock Exchange (“Stockholmsbörsen”). Vattenfall applies the Swedish Code of Corporate Governance (“Svensk kod för bolagsstyrning”) and considers it as one of several important sets of governing regulations for external reporting and communication. Vattenfall also adheres to the Swedish state’s ownership policy. The departures that Vattenfall makes from the Code are mainly due to the Company’s ownership structure – Vattenfall has only one owner, while the Code is written primarily for listed companies with broad ownership. The complete Corporate Governance Report can be downloaded as a pdf in the menu to the right.

Departures from the Swedish Code of Corporate Governance