Fortum Oyj
Fortum's Climate Target Data Preview
As of 2024, Fortum has disclosed 14 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 10 absolute reduction targets and 4 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Fortum's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2033 |
Absolute-based Target* | Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2040 |
Absolute-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2040 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Energy Produced | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Energy Produced | Copy/Paste is a PRO feature. a | 2040 |
Intensity-based Target* | Scope 1 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy/Paste is a PRO feature.  a | 2040 |
Verified Sources Behind Fortum’s Climate Targets Data
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Insights into Fortum's Greenhouse Gas Emissions Pathways
As of 2024, Fortum has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Fortum have a target to reduce the emissions from its operations?
As of 2024, Fortum has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Fortum's most ambitious operational target is to reduce these emissions by 100% by 2040, compared to a baseline of 44,784 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2024, Fortum is ahead of schedule on its operational emissions reduction target, having achieved 45.36% of the planned reduction.a
Fortum's Operational (Scope 1+2) Emissions Pathway
Does Fortum have a target to reduce the emissions from its value chain?
As of 2024, Fortum has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Fortum's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 949,779 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
Instead of reducing value chain emissions, Fortum has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a
Fortum's Value Chain (Scope 3) Emissions Pathway
Does Fortum have a target to reduce its total carbon footprint?
As of 2024, Fortum has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Fortum's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 13,590,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023, by 49% by 2030.a
As of 2024, Fortum is ahead of schedule on its total carbon footprint reduction target, having achieved 19.22% of the planned reduction.a