Fortum Oyj 2008 AR2
The report highlights Fortum's strategic expansion into the Russian market through the acquisition of Territorial Generating Company 10 (TGC-10), making the company a significant player in western Siberia and the Urals. In 2008, Fortum achieved strong financial performance with sales of EUR 5.6 billion and comparable operating profit of EUR 1.8 billion. The company continued its commitment to sustainability, with 92% of its power generation in the EU being CO2-free. Additionally, Fortum advanced its low-carbon initiatives by launching a carbon capture and storage project at the Meri-Pori plant and developing electric vehicle recharging networks in Finland and Sweden.
Company: Fortum Oyj
Sector: Energy utilities
Country: Finland
Year: 2008
Type: AR2
Pages: 188
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Fortum Oyj
Annual Report
The report highlights Fortum's strategic expansion into the Russian market through the acquisition of Territorial Generating Company 10 (TGC-10), making the company a significant player in western Siberia and the Urals. In 2008, Fortum achieved strong financial performance with sales of EUR 5.6 billion and comparable operating profit of EUR 1.8 billion. The company continued its commitment to sustainability, with 92% of its power generation in the EU being CO2-free. Additionally, Fortum advanced its low-carbon initiatives by launching a carbon capture and storage project at the Meri-Pori plant and developing electric vehicle recharging networks in Finland and Sweden.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Published
Mar 1, 2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Workplace Fatalities
Employees