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Electricity distribution company Caruna's business largely meets the criteria of EU Taxonomy for sustainable activities

Caruna has carried out an assessment of the sustainability of its operations concerning mitigation of and adaptation to climate change. According to the assessment, 99.7% of Caruna's net sales and 99.1% of investments are in line with the EU taxonomy for sustainable activities. The assessment was carried out in accordance with the technical screening criteria for assessing the electricity transmission and distribution industry. Sustainability consulting company Third Rock assisted in the assessment.
Press release ·

CEO of Caruna to change

Tomi Yli-Kyyny, CEO of the electricity distribution company Caruna, has announced his resignation to assume a new position outside Caruna. He will continue in his current position until 1 May 2022, ensuring a smooth transfer of duties and responsibilities to his successor.
Press release ·

Occupational accidents have declined by half in 2017–2021 – electrical accidents have not

Accident statistics collected by electricity distributor Caruna from work sites in its network area have revealed a worrying trend. Although there has been a significant reduction in occupational accidents, electrical accidents are still the most common among electrical professionals, and the number of these accidents has not decreased. Caruna's safety data has now been collected on the seif.fi website, where the causes that led to safety deficiencies, and the conclusions, can be found.
Press release ·

A new organisation to support Caruna's updated strategy

Caruna's organisation and the composition of its Management Team are changing to align more closely with the company's updated strategy. The new organisation will consist of four units: Network Management and Operations, headed by Elina Lehtomäki; Customer Value and New Ventures, headed by Kosti Rautiainen; Company Services, headed by Jyrki Tammivuori; and People, Public Affairs and Regulation, headed by Noora Neilimo-Kontio. The company's Management Team will consist of CEO Tomi Yli-Kyyny and the four unit heads. Caruna's Change Management Office will be headed by Katriina Kalavainen.
Press release ·

Electricity for all, regardless of the conditions

The cold frosty days of winter have increased the load on the electricity distribution network and caused problems, especially abroad. Even in Finland, our society's operational capacity is dependent on the functioning of the electricity network. Electricity is needed more than ever as our society becomes electrified. Is there enough capacity, and what is security of supply? Can Texas happen with us?
Article ·

Caruna joins Save the Children Finland's Food and Support campaign

Electricity distribution company Caruna takes part in Save the Children Finland's campaign aimed at helping impoverished families by distributing, for example, gift vouchers to food shops to families with children. With the gift voucher, the family receives food aid, which is a concrete help to get past the most difficult moment.
News ·

A carbon-neutral future is the common goal of Espoo and Caruna – cooperation agreement signed

The City of Espoo and electricity distribution company Caruna Espoo Oy signed an agreement on strategic cooperation on March 31, 2021. The aim of the cooperation is to support Espoo's growth and carbon-neutrality targets with a strong electricity network that meets future energy needs, enabling clean energy solutions for Espoo residents and companies.
Press release ·

Electricity for all, regardless of the conditions

The cold frosty days of winter have increased the load on the electricity distribution network and caused problems, especially abroad. Even in Finland, our society's operational capacity is dependent on the functioning of the electricity network. Electricity is needed more than ever as our society becomes electrified. Is there enough capacity, and what is security of supply? Can Texas happen with us?
Blog post ·

AMF, Ontario Teachers’ Pension Plan Board and KKR become new shareholders in Caruna alongside Elo

Ontario Teachers' Pension Plan Board (Ontario Teachers’) and KKR have each acquired a 20% holding in Caruna, Finland’s largest electricity distribution company, from First Sentier Investors (FSI). In a separate transaction that also completed today, AMF has acquired Keva’s 12.5% holding in Caruna. Both transactions have received all necessary regulatory approvals.
Press release ·