Provides clean energy solutions, including electricity, heating, and cooling services.
1998
Finland
1,001 - 5,000 employees
Utilities
$1B - 10B in revenue
$1B - 10B in profitability
Industry rank: 50 out of 392
Total CO2 emissions
(CO2e tonnes)
Industry rank: 50 out of 392
Industry rank: 53 out of 392
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: 53 out of 392
Total energy
Share of renewable energy
Industry benchmark
166.4
B/M 415.6
2.2K
B/M 1.9K
Share of female employees (%)
Share of female board members
Total waste generated (tonnes)
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Share of company output at risk (%)
Production-loss NVaR expressed in monetary terms ($)
Biodiversity loss in terms of the equivalent land affected (km²e)
Total biodiversity loss as CO2e tonnes
Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)
One row per year, with the latest at the top. Each driver uses its own scale.
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Total Annual
Revenue & EBITDA
($ B)
Margin as % of revenue
R&D as % of revenue
Analyst consensus vs actuals
($ B)
7.6
▼ 8.2%
6.5
▼ 2.3%
5.6
▼ 6.3%
7.8
2030Available
Available
Available
Available
9 out of 20 incl. management
| Target | Status | Temperature alignment | Year |
|---|---|---|---|
| Near-term target | Targets set | 1.5°C | 2033 |
| Long-term target | Targets set | 1.5°C | 2040 |
| Net-zero | Targets set | - | 2040 |
| Business Ambition 1.5°C | Not disclosed | - | - |
Overall Net-Zero Target: Fortum Oyj commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Fortum Oyj commits to reduce scope 1 and 2 GHG emissions from electricity and heat generation 85% per MWh by 2030 from a 2023 base year.* Fortum Oyj also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity by 69% per MWh within the same timeframe.* Fortum Oyj further commits to reduce absolute scope 3 GHG emissions from use of sold products for sold fossil fuels 55% by 2033 from a 2023 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Fortum Oyj commits to reduce scope 1 and 2 GHG emissions from electricity and heat generation 90% per MWh by 2040 from a 2023 base year.* Fortum Oyj also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 94% per MWh within the same timeframe.* Fortum Oyj further commits to reduce absolute scope 3 GHG emissions from fuel- and energy-related activities 90% within the same timeframe. Fortum Oyj finally commits to reduce absolute scope 3 GHG emissions from use of sold products for sold fossil fuels 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Powered by illuminem and Science Based Targets initiative. Last updated: 09 Jan 2025| Target | Year | Value | Scope | Baseline |
|---|
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Climate Score
A
Water Score
Not disclosed
A
A-
B
B-
C
C-
D
D-
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