Business ethics and compliance

Business ethics and compliance

We believe there is a clear connection between high standards of ethical business practices and excellent financial results. As an industry leader, we obey the law, we embrace the spirit of integrity, and we uphold ethical business conduct wherever we operate.

Codes of Conduct set the basic requirements

The Fortum Code of Conduct establishes the basic principles of conduct that everyone must follow. They define how we treat each other, do business, and engage with the world. The Supplier Code of Conduct outlines the requirements for our suppliers and business partners.

Our sustainability commitment

Fortum is a participant of the UN Global Compact initiative and the UN Caring for Climate initiative. Fortum follows and respects the International Bill of Human Rights, the United Nations Convention on the Rights of the Child, and the core conventions of the International Labour Organisation (ILO). Additionally, Fortum recognises in its operations the UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises, the International Chamber of Commerce’s anti-bribery and anti-corruption guidelines, and the Bettercoal initiative’s Code on responsible coal mining.

Our tax principles and governance

Even though our business is long term, it is subject to multiple rapid changes; climate targets and our new strategic fit require material changes to operations and compliance with a wide range of new tax regulation. Therefore, predictability and certainty are of great importance for us also in taxation.

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Business ethics

Compliance - raise a concern

Sustainability report

Sustainability 2020

Code of conduct

Our Code of Conduct

Code of conduct

Our Supplier Code of Conduct