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Electricity Transmission
FI
updated a month ago

Fortum Power and Heat Oy

Company website

Fortum Power and Heat Oy, a prominent player in the energy sector, is headquartered in Finland (FI) and operates extensively across the Nordic and Baltic regions. Founded in 1998, the company has established itself as a leader in sustainable energy solutions, focusing on power generation, heat production, and innovative energy services. Fortum is renowned for its commitment to clean energy, offering a diverse portfolio that includes hydro, nuclear, and renewable energy sources. Its unique approach to integrating digital technologies enhances operational efficiency and customer engagement. With a strong market position, Fortum has achieved significant milestones in reducing carbon emissions and advancing the circular economy, solidifying its reputation as a forward-thinking energy provider.

DitchCarbon Score

How does Fortum Power and Heat Oy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

80

Industry Average

Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Fortum Power and Heat Oy's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Fortum Power and Heat Oy's reported carbon emissions

Inherited from Fortum Oyj

Fortum Power and Heat Oy, headquartered in Finland (FI), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Fortum Oyj, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Fortum Power and Heat Oy, it is important to note that the parent company, Fortum Oyj, has established various climate initiatives. These initiatives include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), which aim to enhance transparency and accountability in emissions reporting and reduction strategies. As a subsidiary, Fortum Power and Heat Oy may align its climate strategies with those of Fortum Oyj, which has set ambitious targets for reducing greenhouse gas emissions across its operations. However, specific details regarding these targets and their implementation at the subsidiary level remain unspecified. In summary, while Fortum Power and Heat Oy does not currently provide emissions data or specific reduction targets, it is part of a corporate family that is actively engaged in climate initiatives through its parent company, Fortum Oyj.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201020112012201320142015201620172018201920202021202220232024
Scope 1
19,040,000,000
00,000,000,000
00,000,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
Scope 2
94,700,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
000,000,000
000,000,000
00,000,000
-
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
0,000,000,000
0,000,000,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fortum Power and Heat Oy's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Fortum Power and Heat Oy is in FI, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Fortum Power and Heat Oy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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