Sustainability 2018

Our Sustainability Report summarizes our sustainability approach, performance and actions in 2018.

Sustainability

Sustainability is at the core of Fortum’s strategy. In our operations, we give balanced consideration to climate and resource issues, as well as our impacts on personnel and society. We see sustainable energy and circular economy solutions as today’s competitive advantage and a prerequisite for business growth and success.

Sustainability Highlights 2018

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Material recovery rate of waste received from our customers was 59%

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We arranged 1,350 man-hours of safety training for Fortum division management and other personnel responsible for safety

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We paid attention to equality by joining the Work does not discriminate campaign promoting Finnish workplace equality and the international Equal by 30 campaign promoting gender equality

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We implemented hydropower environmental projects valued at EUR 5.9 million

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The preliminary planning phase for the Carbon Capture and Storage (CCS) project at Oslo’s waste incineration plant got under way; when realised, the project will capture up to 90% of the plant’s CO2 emissions

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The Fortum-Rusnano investment fund has been granted the right to build almost 2 GW of new wind power in Russia

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The power upgrades at the Loviisa nuclear power plant in 2016–2018 enable us to produce about an additional 180 GWh of CO2-free electricity

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The electric vehicle charging corridor being built by Fortum between Helsinki and Oslo received its first high-power charging stations in Norway, Sweden and Finland

In 2018 we reached our corporate-level sustainability targets related the environment, such as a target in specific carbon dioxide emissions, energy-efficiency improvements and major EHS incidents. 2018 was a year of outstanding performance improvements, but also a year of challenges in terms of occupational safety. Four severe occupational accidents took place in our operations. Read also about our measures to promote the achievement of the Sustainable Development Goals in the report. 

The Sustainability Report is part of Fortum's annual reporting entity for 2018, which comprises the CEO Business Review, Financials, Governance, Remuneration and Tax Footprint, as well as the Sustainability Report. The non-financial reporting, in line with the Accounting Act, is included in the Operating and Financial Review in the Financials. 

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Learn more about our sustainability performance in 2018

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Our Annual Reporting 2018