Sustainability assessments and indices
Expert assessments of our sustainability efforts and good rankings in sustainability indices are important to us as they support the continuous improvement of our performance.
CDP Climate Change
- Rating A- in 2024 (A- in 2023) among the Electric utilities sector (scale from D to A, A being the highest score).
- CDP collects information on climate risks and low carbon opportunities from the world’s largest companies.
- Read more on CDP Climate Change CDP Climate Change - External link.
ECPI® Indices
- Fortum is a constituent of the ECPI® Indices 2024 (unchanged).
- ECPI focuses primarily on the ESG (Environmental, Social, and Governance) performance factors that determine issuers’ sustainability and intangible market value.
- ECPI research covers over 4,000 issuers and maintains one of the world‘s largest sustainability databases.
- Read more on ECPI® Indices. ECPI® Indices. - External link
ISS ESG Corporate Rating
- Rating Prime Status B in 2024 (B- in 2023).
- Prime status is awarded to companies that meet specific minimum requirements in Corporate Ratings and achieve the best ESG scores among their sector peers.
- Read more on ISS ESG ratings and rankings ISS ESG ratings and rankings - External link
MSCI ESG Ratings
- Rating A in 2024 (A in 2023).
- MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.
- Read more on MSCI ESG ratings MSCI ESG ratings - External link.
NASDAQ OMX Sustainability Finland Index
- Fortum is included in the NASDAQ OMX Sustainability Finland Index.
- The index consists of the 40 shares with the highest Sustainability ranking of the 80 most traded shares on NASDAQ Helsinki.
- Read more on NASDAQ OMX Sustainability Finland index NASDAQ OMX Sustainability Finland index - External link.
- Fortum has been certified as a Nasdaq's ESG Transparency Partner (reporting year 2023).
Global Compact reporting
Fortum has participated in the United Nations Global Compact initiative since 2010. Please find Fortum’s Communication on Progress on the United Nations Global Compact website the United Nations Global Compact website - External link.
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 CDP Climate Change - External link questionnaire.