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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 | 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 |
Fortum Power and Heat Oy's Scope 3 emissions, which decreased by 8% last year and increased by approximately 109% since 2011, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 84% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fortum Power and Heat Oy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.