Position paper
Fortum’s views on the revision of the taxonomy climate delegated act
14 April 2026
Fortum submitted its response to the European Commission’s Call for feedback on the revision of criteria for sustainable economic activities (taxonomy) in April 2026.
Fortum appreciates the work done by the Commission to streamline the taxonomy criteria. We strongly support the goal of the revision to make the framework simpler and easier to use. Fortum agrees with the conclusion that the EU Taxonomy Regulation is a cornerstone of the EU’s sustainable finance framework, steering investments towards sustainable projects.
It is essential that the revision does not jeopardise the taxonomy alignment of existing plants and new investments but rather improves the usability of the taxonomy by simplifying and clarifying the current criteria where this is needed. The changes should support the competitiveness and simplification agenda of the Commission.
Fortum mainly supports the proposals by the Commission, however, we still see that certain amendments would improve the usability of the criteria and the alignment with existing legislation. There are especially certain DNSH (Do No Significant Harm) criteria where the requirements go beyond the current regulatory environment and thus cannot be translated into operational assessment.
Our more detailed views can be found in the attachment.
For more information, please contact:
Fredrik Blomfelt, Senior Manager, ESG, Corporate Public Affairs, fredrik.blomfelt
