Sustainability Policy

We set ambitious targets, where relevant, and measure our sustainability performance. We report on our progress as part of our annual reporting activities. We nurture a culture of continuous improvement and learning and alignment with best practices. 

We comply with regulations and act with due diligence and aim to prevent, mitigate, and remediate any actual and potential impacts related to our material sustainability topics as well as address related risks and pursue opportunities.

Our employees are the drivers of change to reach our purpose. Our culture is diverse and inclusive, and we take care of everyone’s wellbeing. 

We conduct business with viable companies that act responsibly and follow the principles set out in the Fortum Supplier Code of Conduct. We assess sustainability performance when selecting suppliers, contractors and business partners and seek to collaborate with our business partners to mitigate adverse impacts on environment, human rights or local communities.

We engage with stakeholders in active dialogue and continuously measure our reputation and customer satisfaction. We strive for active collaboration with local communities in our operating countries and around our plants. We communicate transparently in a timely manner.

We drive and enable a fast and reliable transition to a carbon-neutral economy by providing our customers and societies with clean energy and solutions for reducing and optimizing energy consumption as well as circular economy solutions. We take into account the life-cycle impact, energy and resource efficiency of our products and projects.

We aim to reduce our emissions on air, land and water. Aligned with the goals of the Paris Agreement, Fortum targets carbon neutrality by 2050 with ambitious mid-term targets.

We assess and increase our knowledge of our impacts and dependencies on biodiversity and ecosystem services. We aim to reduce our negative impacts to natural environment and improve biodiversity in connection with our operations.

We monitor our use of water and aim for efficient use of water, reduction of fresh water use and recycling of water especially in areas of high water stress.

We respect internationally recognized human rights and labour rights that are included in key human rights treaties and labour conventions. We are committed to act with due care to identify, mitigate, remediate and monitor actual or potential human rights impacts in our business operations, investments and in supply chains.

We work diligently to maintain a healthy and safe working environment and to support the physical and mental well-being of our employees and contractors. Our commitment to safety also extends to people and communities who live near our facilities.

We foster diversity, inclusion, and equal opportunities in the recruitment, remuneration, development, and advancement of employees, keeping in mind the wellbeing of vulnerable groups. We do not tolerate discrimination or unfair treatment on any grounds.

We acknowledge that the energy transition must balance sustainability, affordability, and security of supply. We aim to make the journey towards net zero economy in a just manner seeking to understand and taking into account the impacts on employees, consumers and local communities.

We ensure product and service quality and transparency in information provided to consumers and end-users. 

We comply with all applicable legal and regulatory obligations in all our operating countries. We embrace the spirit of integrity and uphold the highest standards of ethical business conduct and good corporate governance. We value transparency in all dealings and compete fairly. 

We pursue transparent, solution-driven, constructive, and fact-based lobbying. Our positions are based on Fortum’s longer term strategic targets and business interest while taking into account broader societal and global sustainability objectives and targets.

We are committed to responsible tax management respecting the purpose of rules and 
regulation including transparency to our key stakeholders.