Annual Report 2021
Caruna in 2021
We are a part of our customers' day-to-day lives – every day of the year. Our electricity network is located in Southern, Southwestern, and Western Finland, the regions of Satakunta and Koillismaa, and the city of Joensuu. All our over 700,000 customers are the focus of our operations. The length of our network was at 88,100 kilometers and its reliability was 99.99 percent.
Key Figures
Key Figures
Figure value
499,8Figure description
Net sales, M€Figure value
46,6Figure description
Profit, M€Figure value
140,1Figure description
Investments, M€Figure value
28,0Figure description
Investments, % from net sales
Regulatory changes slow down the reform of electricity network
Society must be electrified for Finland to achieve its ambitious climate targets. Modern smart electricity networks will become essential as the consumption of electricity and the share of weather-dependent production increases. At Caruna, we are working hard with our partners to enable clean, renewable energy to be distributed and ensure our network can withstand increasingly extreme weather conditions.
Responding to changes in the operating environment
We aim to guide our customers and Finnish society through the energy transition and ensure that carbon-neutrality is achieved according to the schedule. During the year 2021, we updated our strategy to be better equipped to meet the evolving demands of a society in the grips of accelerating climate change. It is our job to safeguard high-quality, cost-efficient, and sustainable electricity distribution for our customers under all conditions.
Corporate responsibility is part of our strategy and day-to-day work
We take every aspect of corporate responsibility into consideration equally: environmental responsibility, social and financial responsibility, and good governance. Our corporate responsibility program is based on our stakeholders' requirements and needs and on our mission to guide our customers and society through the energy transition.
Sustainable energy distribution
In our core business, we aim to secure the smooth day-to-day life of our customers, achieve operational efficiency, and earn the trust of stakeholders.
Combating climate change
We are focusing on promoting emission-free energy production and consumption and reducing our carbon footprint with the goal of becoming carbon neutral.
Work and safety
We employ directly and indirectly more than 1,300 persons in Finland. We develop contractor safety and employee well-being.
Download reports
You can download copies of various parts of our Annual Report as pdf files.