Reporting principles

We observe the following principles in the sustainability reporting for 2015.

Reporting scope and boundaries

Reporting related to operations and management covers all functions under Fortum’s control, including subsidiaries in all countries of operation. Subsidiaries are defined as companies in which Fortum Corporation has control. Possible deviations to this principle are reported in conjunction with information applying different boundaries. A list of Fortum’s subsidiaries is in Notes to the Consolidated Financial Statements, Note 43 Subsidiaries by segment.
Information from previous years is mainly presented as pro forma information, i.e. presented on the basis of the organisation and the functions of each year; the impacts of ownership changes in production facilities, for example, have not been updated afterwards in the previous indicators.
An exception is the company AB Fortum Värme samägt med Stockholms stad (Fortum Värme), previously consolidated as a subsidiary company and now classified in the Financial Statements as a joint venture and consolidated with the equity method as of 1.1.2014. Whenever possible, the data presented in this report has been changed to reconcile with the above mentioned accounting practice starting in 2013. Exceptions to the reconciliated 2013 figures are noted separately for each indicator. Thus Fortum Värme is not included in Fortum’s sustainability targets and indicators nor in the descriptions of management practices, unless mentioned otherwise. Fortum Värme’s sustainability information is available in Fortum Värme's sustainability report.  
Fortum completed the divestment of its Distribution business on 1 June 2015. As a general rule, the information for 2015 presented in this report does not include the Distribution business. The Distribution business is included in the figures for 2013 and 2014. Exceptions to the accounting practice are presented in conjunction with each figure.  

Capacity changes 

In December 2015 Fortum commissioned unit 1 of its Chelyabinsk GRES combined heat and power (CHP) plant in Russia. In January 2015 Fortum’s new Suomenoja heat pump station started operating in Espoo, Finland. The new capacity built and the new plants commissioned in 2015 are included in the reporting starting from the time of their commissioning.
Fortum divested its Distribution business in Sweden on 1 June 2015. The reporting rules for the Distribution business are presented in the Reporting scope and boundaries section.

Measurement and calculation principles

Data for economic performance indicators is collected from the audited financial statements and from financial accounting and consolidation systems.
The environmental information of the report covers the plants for which Fortum is the legal holder of the environmental permit. In such cases, the plant information is reported in its entirety. The only exception is the calculation of specific CO2 emissions from the Meri-Pori power plant, where the calculation covers only Fortum’s share of production and emissions as specified in the operation agreement between Fortum and Teollisuuden Voima Oy. In the specific emissions calculation, the production shares of minority holdings are also included in the total production.
Fortum utilises a Group-wide database with instructions for collecting site-level environmental data. Sites are responsible for data input, emissions calculations and the accuracy of the information provided. The Corporate Sustainability unit compiles the data at the Group level and is responsible for the disclosed sustainability information.
Fortum’s CO2 emissions subject to the EU Emissions Trading Scheme are annually verified at the site-level by external verifiers. Direct and indirect greenhouse gas emissions have been reported in accordance with the Greenhouse Gas Protocol and based on the Greenhouse Gas Analysis performed by an external consultant.
Fortum’s human resources (HR) management system is currently used in all Fortum’s operating countries and is the main system for employee-related personal and job data. In Russia, the employee data system covers mainly superiors. In addition, Russian operations have their own, local data system. Other social responsibility data, such as occupational health-related data, originates from various data systems.
Designated individuals collect the information and deliver it to the Corporate Sustainability unit primarily in the format recommended by GRI.