Our approach to sustainability

Our approach to sustainability

A world powered by renewable energy

Our goal is clear: to contribute to a world powered entirely by renewable energy all while prioritising sustainability.

We are leading the energy transition alongside our valued customers and partners, delivering sustainable, reliable, and affordable energy solutions. Our mission is ambitious: to establish and manage one of the largest fleets of renewable energy assets in the Nordics.

Our core business is dedicated to solving one of Earth’s most crucial and complex challenges, climate change.

Our commitment to sustainability is unwavering, grounded in our shared values: expertise, accountability, innovation, and environmental responsibility. Our actions are guided by our robust management systems, Code of Conduct, policies, commitments, and various guidelines.

Did you know? Energy from a new, constructed wind farm is one of the single most effective environmental actions.

Progress in 2023

Sustainability key figures

  • 38% CO2 emissions reduced

  • 89% of renewable energy in own operations

  • 33% share of women in senior management positions

  • 433 MW of renewable energy assets in operation

Our stakeholders assessed the most material topics for us to focus on

Our ESG strategy

A year of action and change

Sustainability Review for 2023

Annually, we share our sustainability achievements and future goals in our sustainability review. It covers environmental, social, and corporate responsibility, highlighting progress and upcoming initiatives.

Our chosen UN Sustainable Development Goals

Commitment to the UN Sustainable Development Goals (SDG) comes naturally to us as clean and affordable energy is one of the most important tools in the fight against the climate crisis. 

We have been UN Global Compact Initiative signatory since 2021. The initiative has almost 24,000 signatories in 167 countries and requires yearly report on our progress and confirming our commitment to ten principles related to human rights, labour, environment and anti-corruption.

Good health and well-being

We take good care of our employees’ health, safety and well-being. We bring significant regional economic benefits to our project localities.

Affordable and clean energy

We produce renewable energy and increase the availability of renewably sourced electricity in the market. 

Decent work and economic growth

Decent work and economic growth We take good care of our employees, and we grow responsibly. We strive to boost economic growth spurred by renewable energy. 

Industry, innovation, and infrastructure

We use the latest technology at our power plants and ensure long service life and continuous energy production. We build new energy infrastructure in the Nordics. 

Responsible consumption and Production

We conserve and recycle materials wherever possible. We provide our customers opportunities to consume sustainable and renewably sourced electricity. 

Climate action

By producing renewable energy and supporting the green transition, we take significant climate action and reduce both our and our customers’ emissions. 

Life on land

We take care of people and the environment. Preserving biodiversity is at the core of our sustainability efforts in both wind and solar power projects. 

Partnerships

With our partners, we make innovation possible and support the green transition in the Nordics. We invest in developmental cooperation with the government, municipalities and educational institutes. We are a responsible partner and expect the same commitment from our stakeholders.

News & Views

Latest news on Ilmatar´s sustainability work.