Fortum's vision is for a cleaner world. Our strategy has four cornerstones: Drive productivity and industry transformation; Create solutions for sustainable cities; Grow in solar and wind; and Build new energy ventures. Our mission is to engage our customers and society to drive the change towards a cleaner world, and to deliver excellent shareholder value. Our values – accountability, creativity, respect and honesty – form the foundation for everything we do. Around 8,000 people work at Fortum.
Strong Nordic base
Hydropower, nuclear power and combined heat and power (CHP) play a big role in our energy production. Producing electricity is obviously an important component of our business, but few people know that Fortum is active throughout the energy chain; we produce, and sell electricity and heat. Did you know, for example, that Fortum is the fourth largest producer of district heating in the world?
Growing energy markets
The Russian market has the world’s fourth largest demand for electricity and is a growth market in electricity production. Our goal is to create positive economic added value in Russia. The fast-growing population in developing countries is changing the demand for electricity, particularly in Asia. Meanwhile, climate change and local environmental issues are creating a demand for sustainable, carbon-free and energy-efficient solutions. These trends are presenting new opportunities for Fortum. We have started to explore growth opportunities in India and we opened an office there in 2012.