Fortum (FORTUM.HE)

Take Impact Assessment
Overall impact
A (80)

Commentary

Fortum is a leader for overall positive impact. With an 'A' rating of 80.5 for overall impact (94th percentile compared to all companies), Fortum ranks 30th out of 63 industry peers, behind Atlantica Sustainable Infrastructure, Iberdrola, Verbund and 26 others, and ahead of Intersect Power, Pattern Energy, Azure Power Global and 30 others. On top material causes for Fortum's industry (Utilities), Fortum performs well in Accountable Institutions (87.7 score), Sanitation Access (96.0), Renewable Energy Growth (96.6) and 8 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (35.4 score).
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Screens
Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-personnel mines
Antisemitism
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Modern slavery
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons
Impact
Cause FORTUM.HE
Peer rank
Overall impact

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Screens
Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-personnel mines
Antisemitism
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Modern slavery
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons
Impact trend

Change in rating for overall impact

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Company
Employees
4,369
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Renewable Electricity
SASB industry
Electric Utilities & Power Generators
Headquarters
Finland
Share classes
FOJCY
ADR
FORTUM.HE
More info
https://www.fortum.com
Description
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally. It operates in Generation and Consumer Solutions segments. The Generation segment generates power through nuclear, hydro, onshore wind, and solar resources; and offers district heating and cooling, and decarbonization services. The Consumer Solutions segment offers invoicing and customer services; and electricity and related value-added products, as well as digital services for consumers and small- and medium-sized enterprises. The company is involved in the electricity and gas retail business. Fortum Oyj was incorporated in 1998 and is headquartered in Espoo, Finland.
Material causes
Ethos considers the following causes material for Fortum, based on its industry sub-industry Renewable Electricity. Learn more about material causes in our methodology overview.
Not available

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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