Caruna's Annual Report 2022

Caruna's year 2022

Caruna is a Finnish electricity network company. We safeguard the reliable distribution of electricity to our customers as electricity consumption increases and we move from fossil to renewable energy. By investing in the electricity network, we make sure that our customers can use domestic, renewable energy and become small-scale producers of electricity. We bring electricity to 726,000 customers in South, Southwest and West Finland, Joensuu and Koillismaa, corresponding to 20 per cent of Finland's electricity distribution.

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Annual Report

Annual Report

Governance

Governance

Financials

Financials

Key Figures

Key Figures

Figure value

484.6

Figure description

Net sales, M€

Figure value

133.6

Figure description

Investments, M€

Figure value

99.3

Figure description

Taxonomy eligibility of investments, %
Jyrki Tammivuori

From the CEO

In the coming years, electricity consumption in Finland is predicted to grow by 50% between now and 2040, as we move from fossil energy to renewable energy. A heavily electricity-based energy system means that the demands on the reliability of the electricity system will increase further to safeguard critical societal functions such as hospitals, telecommunications networks and payment systems. We will ensure that security of supply remains at the current level of 99.98 per cent.

The year 2022 brought an energy crisis

Energy security

The role of electricity and energy changed dramatically in the everyday lives of Finns in 2022, and the price and adequacy of electricity were discussed widely, especially in the autumn. Due to higher prices, many homes, offices and public buildings paid attention to energy consumption and energy efficiency.

Environment and energy transition

The energy crisis further accelerates the energy transition and causes acute concerns about the adequacy of electricity and the functioning of the entire electricity system. We made preparations to support the Finnish energy system in the energy crisis and to alleviate power shortages through rotating power cuts.

ESG Key Figures

ESG Key Figures

Figure value

85

Figure description

SAIDI, min.

Figure value

1,612

Figure description

Renewable production, MW

Figure value

4.1

Figure description

Contractor safety, LTIF

Figure value

78

Figure description

Job satisfaction, EEI

SAIDI describes average electricity distribution interruption time in minutes per customer. Renewable production capacity describes renewable production capacity connected to Caruna's network. Contractor injury frequency describes number of accidents leading to at least one lost working day per one million hours worked. Employee Engagement Index measures employees' attitude to work

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You can download copies of various parts of our Annual Report as pdf files. Choose your report and click the box.

Annual Report

Annual Report

Governance

Governance

Financials

Financials