FORTUM CORPORATION PRESS RELEASE 30 October 2017
Fortum was ranked in category A- and one of the top companies in the utilities
sector in the annual CDP (formerly Carbon Disclosure Project) rating 2017. The
CDP Climate Change 2017 results, analysing climate related data disclosed by
companies, were released on 24 October 2017.
Fortum scored A- (scale from D- to A, A being the highest score), which means
that the company represents best practices in environmental stewardship,
understands risks and opportunities related to climate change, and implements
strategies and approaches to mitigate and accommodate these risks and
opportunities. Fortum has been participating in the CDP since 2005. Fortum
previously scored A- in the CDP rating for 2016.
In 2016, 96% of Fortum’s electricity production in the EU area and 62% of our
total electricity production was carbon dioxide-free. Fortum's specific
emissions from power production have been about 10% of average specific
emissions of major European utilities. Fortum has also achieved energy
efficiency improvements of almost 1,400 GWh/a compared to 2012.
Fortum Corporation
Group Communications
Further information:
Måns Holmberg, Acting Head of Investor Relations and Financial Communication,
+358 44 518 1518
Ulla Rehell, Vice President, Corporate Sustainability, +358 50 3839 426
About CDP
CDP, formerly Carbon Disclosure Project, is an international, not-for-profit
organisation providing the only global system for companies and cities to
measure, disclose, manage and share vital environmental information in order to
motivate companies to disclose their impacts on the environment and natural
resources and take action to reduce them. CDP represents 827 institutional
investor with US$ 100 trillion in assets under management. CDP’s disclosure
platform empowers companies to report their environmental performance
transparently and reliably, and to engage with others across their value
chains. The investor community uses the scoring to assess corporate
preparedness for changes in the global operating environment, market demands
and emissions regulation.
www.cdp.net
Fortum
Fortum is a leading clean-energy company that provides its customers with
electricity, heating and cooling as well as smart solutions to improve resource
efficiency. We want to engage our customers and society to join the change for
a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic
countries, Russia, Poland and India, and 62% of our electricity generation is
CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on
Nasdaq Helsinki.
www.fortum.com