We want to achieve excellent financial performance in the strategic core areas based on our strong competence and responsible ways of operating.
For Fortum, economic responsibility means generating steady and long-term economic well-being and added value for shareholders, customers, employees, suppliers of services and goods, and other important stakeholders in the company’s operating and market areas.
The most significant direct monetary flows come from sales revenue from customers, procurements from suppliers, compensation to investors and shareholders, growth and maintenance investments, employee wages and salaries, and payments of income and excise taxes.
Our operations also have indirect economic impacts. The Finnish State owns about 50,76 % (2011) of Fortum; since 2000 Fortum has paid about 6.3 billion euros to the Finnish State in the form of dividends in addition to income and excise taxes, which secure basic functions for Finnish society and build well-being. Investments and the procurement of goods and services provide employment both locally and outside our operating areas. The wages and taxes paid have a positive impact on local communities.
The key figures by which Fortum measures its financial success are return on capital employed (target: 12%), return on shareholders’ equity (target: 14%) and capital structure (target: net debt/EBITDA around 3). In addition to those mentioned above, Fortum also uses the applicable Global Reporting Initiative (GRI) indicators for reporting economic responsibility. The economic key figures are reported in Fortum's Sustainability Report and at the Reporting section of these pages.