Fortum Oyj 2024 AR2
The report highlights Fortum's dedication to its clean transition strategy, notably achieving validation for its near- and long-term science-based emission reduction targets by the Science Based Targets initiative (SBTi), including a net-zero value chain target by 2040. In 2024, the company successfully commissioned the 380-MW Pjelax wind farm, Finland's third-largest, and phased out coal at its Suomenoja district heating plant one year ahead of schedule. Additionally, Fortum completed the divestment of its recycling and waste business for approximately EUR 800 million, recording a tax-exempt capital gain of EUR 176 million. The company also reported a 17% reduction in Scope 1 greenhouse gas emissions and a 45% reduction in market-based Scope 2 emissions compared to the previous year.
Company: Fortum Oyj
Sector: Utilities
Country: Finland
Year: 2024
Type: AR2
Pages: 258
Fortum Oyj
Financials
The report highlights Fortum's dedication to its clean transition strategy, notably achieving validation for its near- and long-term science-based emission reduction targets by the Science Based Targets initiative (SBTi), including a net-zero value chain target by 2040. In 2024, the company successfully commissioned the 380-MW Pjelax wind farm, Finland's third-largest, and phased out coal at its Suomenoja district heating plant one year ahead of schedule. Additionally, Fortum completed the divestment of its recycling and waste business for approximately EUR 800 million, recording a tax-exempt capital gain of EUR 176 million. The company also reported a 17% reduction in Scope 1 greenhouse gas emissions and a 45% reduction in market-based Scope 2 emissions compared to the previous year.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Net Zero Target
Employees