Strategy and carbon roadmap
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Fortum's strategy

Fortum’s strategy is designed to deliver on the company’s new purpose: To power a world where people, businesses and nature thrive together. Fortum has unique ability to reliably deliver clean energy at scale. With its energy Fortum helps its customers to decarbonise their processes and societies to reach carbon neutrality in balance with nature.

Deliver reliable clean energy

Fortum’s biggest strength, and a continuing strategic priority for the company, is its ability to deliver reliable and clean energy at scale to customers and the Nordic energy system. Building on its assets and strong competence to optimise the highly competitive power generation fleet, Fortum continues to maintain and develop its best-in-class operations to constantly secure top efficiency and flexibility. Fortum will also continue to decarbonise and modernise its existing operations to ensure optimal value creation and to reach its environmental targets.

Drive decarbonisation in industries

Decarbonisation of heavy industries is a key hurdle to address the way to carbon neutral and more sustainable societies. Development of technologies to replace fossil fuels in production processes is accelerating. With its strong position in clean power in the Nordics, Fortum will work to find solutions for industrial customers to lower their carbon footprint. The aim is to develop and build new clean power generation in partnerships with strategic Customers. Further, over time Fortum aims to explore opportunities in nuclear, for example in small modular reactors (SMRs), in cooperation with customers and partners. In order to drive the development of clean hydrogen in the Nordics, Fortum will explore projects together with industrial customers.

Sustainability report

Sustainability 2022

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Vision and strategy

Our purpose is to power a world where people, businesses and nature thrive together

Read more about our strategy