Text size AA
Generating value for stakeholders

Moving the cursor over the image will provide more information about the direct and indirect economic impacts of Fortum’s operations on different stakeholder groups.

 

  • Fortum offers electricity, heating, cooling and town gas as well as related expert services
  • Fortum has 1.2 million private and business customers and 1.6 million electricity distribution customers in the Nordic countries. Wholesale electricity market customers in Russia.
  • Fortum has district heat customers in eight countries and tens of cities
  • Fortum knows the markets it operates in and develops competitive products and services for its customers
  • The services and environmentally-benign products Fortum offers help to improve energy efficiency and reduce both costs and emissions
  • Fortum develops smart grids that enable sustainable community planning
  • Operations are concentrated to the Nordic countries, Russia and the Baltic Rim area
  • Fortum employed an average of 10,600 (11,010) people
  • Women account for 28% (29%) of the personnel at 31 December 2011
  • Fortum develops the competence and performance of its employees through skills and leadership training and through job rotation
  • Wages and bonuses impact private consumption, and taxes paid by personnel have an impact on the generation of social well-being
  • Fortum’s income and production taxes totaled EUR 587 (721) million
  • Support for society totaled about EUR 5.8 (4.6) million
  • Fortum donated about EUR 0.8 (2.8) million to universities
  • Fortum supports social development and well-being by paying taxes and social security costs
  • Fortum supports research in the natural, economic and technical sciences within the energy sector
  • Fortum refines natural energy sources into electricity and heat
  • Fortum purchases fuels, goods and services from local and global suppliers
  • About half of the goods and services Fortum purchases are from suppliers operating in Europe
  • Uranium, gas and majority of coal were purchased from Russia in 2012
  • Collaboration creates jobs for suppliers and unlocks business opportunities in the Nordic, Baltic, Polish and Russian markets
  • Collaboration, networking and partnerships increase Fortum’s intellectual capital, enable a wide project base and support the successful throughput of R&D projects
  • Majority of growth investments was made in the Russia and Heat Divisions
  • Almost all of the planned investments in Europe target CO2-free production
  • Maintenance, productivity and legislation-based investments were EUR 848 (635) million
  • Growth investments EUR were 588 (712) million
  • Research and development expenditure was EUR 41 (38) million
  • Fortum’s view is that the future energy system should be based on CO2-free electricity production and energy efficiency
  • Fortum’s investments develop e.g., safety, production capacity, energy efficiency, local infrastructure and electricity distribution reliability
  • Fortum’s investments create business opportunities as well as jobs for suppliers of goods and services
  • 124,451 (104,517) shareholders, the Finnish State owns 50,76% of Fortum
  • Dividends EUR 888 (888) million were paid
  • About 70% of dividends was paid to Finnish shareholders
  • Fortum’s total shareholder returns have outperformed its European peers during a five-year period
  • The dividend income on the Finnish State’s shares has an impact on maintaining  both short- and long-term social welfare
Fortum_sustiskaavio_PDF_en_72dpi_0403.jpg