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Investor letter to the CEO and the board: Fortum facing regulatory, litigation and market risks from coal plans misaligned with the Paris Agreement
A group of European investors warns Fortum that its support for the Datteln 4 coal plant in Germany and Uniper's legal threats against the Dutch government are misaligned with the Paris Agreement and expose the company to significant market and litigation risks. The investors highlight that 79% of EU coal capacity is already loss-making and urge Fortum to commit to a net-zero emissions trajectory by 2050.
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Document type: Statement
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