Why invest in Fortum Fortum is a European power and gas company and the third largest producer of CO2-free electricity in Europe. Our purpose is to drive the change for a cleaner world. We are securing a fast and reliable transition to a carbon-neutral economy by providing customers and societies with clean energy and sustainable solutions. Attractive growth and focus on decarbonisation Fortum is well-positioned to capture opportunities resulting from the energy transition, aimed at curbing climate change. To be successful, the energy transition must balance sustainability, affordability, and security of supply. The energy transition requires not only renewables, but also increasingly clean gas, energy storage, and other flexible solutions to provide security of supply and to decarbonise also industry, transportation, heating, and cooling. Building on our strengths, our future growth will be driven by CO2-free power generation and clean gas, sustainably transforming our own operations to become carbon neutral and engaging customers and society to decarbonise. In December 2020, Fortum updated the strategy for the whole Fortum Group to drive the clean energy transition and deliver sustainable financial performance. Aligned with the goals of the Paris Agreement, Fortum targets carbon neutrality latest by 2050 with ambitious mid-term targets. Our strategy builds on four priorities: Strengthen and grow in CO2-free power generation Leverage strong position in gas to enable the energy transition Partner with industrial and infrastructure customers Transform own operations to carbon neutral Financial targets and aim to grow the dividend Fortum financial targets and dividend policy were updated in December 2020. Fortum continues to be committed to maintaining a rating of at least BBB. The long-term financial targets are: Financial net debt/comparable EBITDA below 2x Hurdle rates for new investments of WACC +100 bps for green investments +200 bps for other investments Fortum's dividend policy ‘is to pay a stable, sustainable, and over time increasing dividend’. Fortum is driving its shareholder value by: Increasing focus in our core competence areas: CO2-free power generation: hydro, nuclear, and growth in onshore wind and solar Benchmark gas-fired power generation and gas midstream business, which provides gas for heating and various industrial needs Uniper’s first-mover position in hydrogen to develop and capture the opportunities in hydrogen as they become commercially available Significant cooperation financial benefits with Uniper identified estimated to deliver annually more than EUR 50 million by the end of 2023 and approximately EUR 100 million in 2025 A successful implementation of our strategy will create value for the benefit of our shareholders and support our aim to pay an overtime increasing dividend Fortum's strategy Read more about our strategy Did you find what you were looking for? 17 responses Yes Partly Not at all Back to top You are here: Fortum Investors Why invest in Fortum Why invest in Fortum About us This is Fortum Strategy Open positions Our energy production Fortum worldwide Covid-19 information Services Fortum Battery Solutions Turbines and generators Power plant O&M and performance Find charging stations Fortum Circo® Recycled Plastics Licensing and safety design Investors In focus Reports and presentations Share information Calendar and events Corporate governance Contact us Our offices Media contacts Investor Relations Supplier inquiries Sales contacts Give feedback Raise a concern Follow us on social media Legal information Data privacy and cookies Legal Notice © Fortum 2021. All rights reserved We use cookies to personalize content and ads, to provide social media features and to analyze site usage. We also share information about your use of our site with our social media, advertising and analytics partners. You can manage and disable cookies in your own browser. Read "instructions for browser settings". More options to manage your preferences in "Cookie settings". For more information, see ourCookie Policy. Cookie Settings Close