Sustainability approach
Sustainability priorities
Sustainability is essential to Fortum’s strategy, and we are committed to carbon neutrality by 2030. Our new strategy is designed to deliver on our new purpose: To power a world where people, businesses and nature thrive together.
Material topics
Fortum’s material sustainability topics include climate change, pollution, water, biodiversity and ecosystems, circular economy, our own workers, workers in the value chain, as well as how we do business.
During 2023, Fortum started preparations for the Corporate Sustainability Reporting Directive (CSRD), set by the EU. Starting from 2024 annual reporting, Fortum’s sustainability reporting will be prepared following the CSRD requirements.
Global Compact reporting
Fortum has participated in the United Nations Global Compact initiative since 2010. In our 2023 Sustainability report, we describe the realisation of the Ten Principles of the Global Compact initiative in our operations in the sections Climate and resources, Personnel and society, and Business ethics and compliance. Please find Fortum’s Communication on Progress on the United Nations Global Compact website.
Caring for Climate reporting
We joined the UN Caring for Climate initiative in 2013. We meet the reporting requirements of the Caring for Climate initiative by annually participating in the assessment in the CDP Climate Change questionnaire and by publishing our response on the CDP website.