• Vattenfall joins CLG Europe to collaborate with industry leaders on achieving net-zero emissions by 2050.
• EU competitiveness at stake as energy transition is key to maintaining economic leadership.
• Cross-sector partnerships are crucial for innovation and a fossil-free future.

The news:

Vattenfall has joined the Corporate Leaders Group Europe (CLG), reinforcing its commitment to a fossil-free future. The CLG, founded by the Cambridge Institute for Sustainability Leadership, unites business leaders to drive climate neutrality in Europe by 2050.

Why it matters:

As Europe faces increasing global competition, leveraging the energy transition is critical for maintaining economic strength. The European Commission’s Competitiveness Compass and discussions at the World Economic Forum in Davos highlight the urgent need for collaboration and innovation across industries.

Related Article: Vattenfall and Cemvision Partner to Develop Near-Zero Emission Cement with 95% CO2 Reduction

What they’re saying:

Anna Borg, CEO of Vattenfall: “Europe’s path to a competitive future lies in delivering on climate neutrality by 2050—and collaboration is key to achieving it. At Vattenfall, we are committed to building a future where everyone can choose fossil-free ways to move, make, and live.”

The big picture:

• Vattenfall aims to support entire value chains in eliminating fossil fuel dependency.
• Through CLG Europe, companies will exchange ideas and advocate for strong business and policy solutions.
• Industry-wide collaboration will accelerate Europe’s energy transition while ensuring long-term competitiveness.

Vattenfall’s partnership with CLG signals a strategic move to align business success with sustainability goals, ensuring Europe remains a leader in the global energy transition.

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