Fortum CMD: strategy update – new financial and climate targets with a clear path to carbon neutrality and a growing dividend
FORTUM CORPORATION STOCK EXCHANGE RELEASE 3 DECEMBER 2020 AT 9.00 EETRelease category: Other information disclosed according to the rules of the Exchange · Fortum has 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 by 2050 with ambitious mid-term targets. · Fortum has updated its financial targets: Financial net debt/comparable EBITDA below 2x and climate-dependent hurdle rates for new investments. · The updated