Fortum Oyj

Fortum discloses a well-structured climate-lobbying governance framework that covers both its own advocacy and the activities of the associations it belongs to, supported by a recurring public review. The company states that it "has a governance model in place for its public affairs activities that defines objectives, scope, roles and responsibilities as well as the governing framework of Public Affairs within Fortum", and that "Fortum Public Affairs leads the process relating to preparation, coordination and adoption of Fortum's Group level lobbying positions", identifying a dedicated internal body with responsibility for oversight and alignment. Its policy explicitly links lobbying to climate strategy by requiring that "Fortum's lobbying messages and activities shall also be consistent with the Paris Agreement. The aim is that this also applies to the key industry associations with whom Fortum cooperates", showing coverage of both direct and indirect lobbying. To verify and enforce that alignment, Fortum confirms that it "compiles annually, starting in 2021 a Climate Lobbying Review which assesses the Paris alignment of the key industry associations with whom Fortum cooperates, as well as the Paris alignment of Fortum's own lobbying positions. This report is part of Fortum's annual Sustainability Reporting", providing an in-depth, recurring audit that is publicly released. The latest update notes that "Vuoden 2023 lopussa julkaisimme viimeisimmän päivityksen ilmastopoliittiseen edunvalvontaan liittyviä toimia ja käytäntöjä kuvaavaan Climate Lobbying Review -katsaukseemme", confirming ongoing disclosure. Quarterly assessment of lobbying priorities ("strategic priorities are yearly translated to concrete lobbying priorities, which are assessed on a quarterly basis") and the deployment of an internal transparency-register tool further illustrate continuous monitoring. While the evidence does not mention board-level sign-off, the clear assignment of responsibility to the Public Affairs function, the annual public Climate Lobbying Review and explicit commitment to Paris-aligned advocacy indicate strong, comprehensive governance of both direct and trade-association lobbying activities.