Our views and positions

A joint call for a prompt and strong revision of the EU ETS to effectively support the increased European climate ambition

Fortum and coalition partners warn against hydrogen status under EU Taxonomy unnecessarily restricting business options compatible with Paris-aligned strategies

The European Union adopted an ambitious Clean Hydrogen Strategy in July 2020, and Fortum stands strongly behind it – now it’s time to ensure a regulatory framework which truly supports it. Nordic countries rely on abundant CO2-free power sources, and we are concerned that the CO2 threshold currently being considered does not regard hydrogen produced with the most decarbonised grid mix as sustainable under the EU Taxonomy.

EU proposal for a battery regulation: Fortum sees the ambitious targets as a prerequisite for a sustainable batteries value chain

Having a strong battery value chain is of strategic value and importance for Europe as well as for our industry.

Renewables, carbon free energy sources and increased energy efficiency are essential to achieve EU’s climate neutrality goal by 2050

Fortum’s proposals for the revisions of the EU Renewable Energy Directive (REDII) and the Energy Efficiency Directive (EED)

A robust and efficient emissions trading system is key for decarbonising the European economy

Fortum’s proposals for the EU 2030 climate regulation: Emissions Trading Directive (ETS), Effort Sharing Regulation (ESR) and land use, land-use change and forestry regulation (LULUCF)

Nordic energy utilities call for swift revision of the EU 2030 climate and energy legislation

Fortum, Statkraft and Vattenfall, the three largest Nordic energy utilities welcome the EU’s revised 2030 climate target of at least -55% as a crucial step on the path towards 2050 climate neutrality.

Nordic energy companies and associations call for technology neutrality and EU sectorial legislation in climate change mitigation and adaptation

Fortum, together with other leading energy players in the Nordics, has issued a joint letter to the ambassadors of the Finnish and Swedish permanent representations in the EU. The purpose of the letter was to express a number of significant concerns in relation the recently issued draft delegated acts on climate change mitigation and adaptation.

Fortum calls for stronger enforcement and improvements of the Waste Shipment Regulation

Fortum supports the objectives of the Waste Shipment Regulation (WSR) to a great extent but would suggest an extended scope and additional topics to be addressed within each objective.

Fortum calls for actions to ensure that clean high-quality recycled materials will be the future’s raw material supply in European industry

Fortum welcomes the Commission’s new circular economy action plan and supports, in particular, the initiatives on ensuring a clean circular economy and a stronger market for high-quality recycled raw materials.

Carbon removal – Imperative in combating climate change

The publication presents Fortum's proposals for integrating carbon removal into EU legislation.

Current Flowbased implementation plan - a risk for a well-functioning Nordic power market

The implementation of flow based market coupling should improve the Nordic power market as a whole taking into account the implications to all physical and financial markets.

Fortum’s response to the consultation on the EU 2030 Climate Target Plan

Reinforced and extended emissions trading system should take the main responsibility for the EU 2030 climate ambition increase.

Fortum's position on sustainable finance

Taxonomy regulation and TEG report

Open response to joint investor letter

Fortum's President and CEO has sent a reply to the joint investor letter of 17 March 2020.

Carbon border adjustment in the power sector

Fortum’s position on carbon border adjustment in the power sector discusses carbon leakage and various options to establish a carbon border adjustment mechanism for the EU power sector.