Sustainability at Fortum
Sustainability is at the core of our business. We deliver reliable and clean energy at scale and help societies and industries to lower their carbon footprint. We are one of Europe’s cleanest power generators. In addition to climate and resources, we pay close attention to the impacts of our operations on our personnel and the society around us. Our purpose is to power a world where people, businesses and nature thrive together.
Ambitious environmental targets
Fortum targets carbon neutrality (Scopes 1, 2, 3) by 2030 and will exit all coal generation by the end of 2027. We have also set ambitious biodiversity targets.
Sustainability highlights 2022
- Biodiversity strategy work progressing well. Fortum mapped its own and its value chain’s dependencies and impacts on biodiversity and ecosystem services to define its biodiversity footprint.
- Safety remains Fortum’s top priority: Safety Culture Programme launched, including trainings, webinars and workshops for all organisational levels.
- Investment in personnel mental wellbeing in the exceptional conditions: opportunities for personal meetings with a wellbeing professional, coaching sessions and more.
- Collaboration to mitigate climate change: Fortum and Microsoft announced world’s largest collaboration to provide sustainable waste heat from new data centre region.
- Fortum ranked best among large companies in the Helsinki Nasdaq category in the Nordic Business Diversity Index.
- In February 2023, the Finnish Government granted a new operating license for both units at Fortum’s Loviisa nuclear power plant until the end of 2050. Loviisa power plant produces about 10% of the electricity used in Finland.