Sustainability report 2023
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.
News and articles
Online news
Fortum donates to Solar Aid For Ukraine project to support energy resilience of Ukrainian municipalities
Online news
Fortum supports Save the Children’s work in four countries
First Nordic Study on Constructional Measures Mitigating Environmental Impacts of Short-Term Hydropower Regulation
Ambitious environmental targets
Fortum targets carbon neutrality (Scopes 1, 2, 3) by 2030 and will exit all coal-based energy production by the end of 2027. We have also set ambitious biodiversity targets.
Sustainability highlights 2023
- Fortum’s direct CO2-emissions decreased by 27% due to, e.g., the decreased use of the Meri-Pori condensing power plant and success of the Espoo Clean heat programme.
- New operating license granted for Loviisa nuclear power plant until the end of 2050.
- Fortum's biodiversity footprint assessment finalised with GBS® tool: Main terrestrial impacts are related to GHG emissions, land use and fuel procurement.
- Completion rate of Fortum Management Safety and Security Leadership Programme was 100% with over 400 trained managers.
- During the renewal of Fortum’s organisation, special attention was paid to the composition and diversity of leadership teams in terms of gender and nationality; females now account for 40.8% of leaders.
- Fortum established a Green Finance Framework.
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