Our contribution to the United Nations Sustainable Development Goals

United Nations Sustainable Development Goals are a global agenda towards more sustainable future for the planet, its nature and the people. The Hanhikivi 1 project contributes positively to achieving several of the goals.

Sustainable development goals logo

7 Affordable and clean energy, 9 Industry, innovation and infrastructure, and 13 Climate action

Hanhikivi 1 contributes to combatting the climate change. The Hanhikivi 1 nuclear power plant will generate approximately 10 percent of Finland’s electricity need without harmful carbon dioxide emissions.

The new electricity production infrastructure will improve Finland’s energy self-sufficiency by reducing dependency on electricity import. In recent years, some 20 percent of Finland’s electricity needs have been supplied through imports.

Our Finnish owners consume a large share of all the electricity consumed in Finland. The new nuclear power plant will provide them electricity they need to succeed in Finland and at the same time, it supports the sustainable development of the Finnish society.

Kestävän kehityksen tavoitteet 7,9ja 13

8 Decent work and economic growth 

The positive economic impact of the Hanhikivi 1 project is extensive. Hanhikivi 1 is an investment of between EUR 6.5 billion and EUR 7 billion, of which domestic investment accounts for about EUR 1.8 to 2.7 billion. Investments improve employment, create new business and result in increased tax revenues. The impact extends to the entire Finnish economy.

All Hanhikivi 1 suppliers must meet the ethical requirements set in our Code of Conduct and respect human and labor rights irrespective of their geographical location. In addition, we bear responsibility that all the companies active at the site comply with Finnish labor legislation and that the working environment is safe and secure for all workers. Besides getting the work running smoothly, it is our common interest that workers' quality of life while working at the Hanhikivi 1 project is respected.

More information on pages Economic responsibility and Responsible supply chain.

Kestävän kehityksen tavoite 8

12 Responsible consumption, 14 Life below Water, and 15 Life on Land

The environmental footprint of the entire life cycle of nuclear energy production is small. Before the power plant operation, our direct environmental impact is mainly related to the construction carried out at the project site and our indirect impact lies in the manufacturing of the plant equipment.

We ensure that the construction works do not cause any significant adverse impacts on the natural habitats, species, or the integrity of the nature conservation areas near the Hanhikivi 1 project site. At the project site on the Hanhikivi headland, there are extensive protected seashore meadows, overgrowing shallow bays, and gloe lakes. In addition, a Natura 2000 conservation area is approximately two kilometers from the plant area. The sea area off the Hanhikivi peninsula coast is also significant in terms of fish stock and fishery. However, we excluded areas of high natural value from the plant area already at the construction planning phase.

In construction waste management, efficient sorting, recycling, and appropriate waste processing are essential in managing the environmental impact of the waste generated on-site. Our primary goal at the Hanhikivi 1 project area is to mitigate the waste load generated by construction work as efficiently as possible. The related requirements and measures are included in the plant supply contract and apply to all contractors operating in the project area. However, construction inevitably generates some waste. Thus, we have set as our goal to recycle at least 70% of construction waste as materials and utilize a total of 90% of the waste either as materials or in energy production.

Furthermore, as an essential part of our environmental impact management, we require the construction supply chain and the manufacturing supply chain of the plant equipment and components to follow international and national environmental regulations and permit conditions. In addition, the major partners must also have an environmental management system in place.

More information on page Environment.

Kestävän kehityksen tavoitteet 12, 14 ja 15

The SDG impact assessment was conducted as part of the materiality analysis in 2019.

More information about the Sustainable Development Goals can be found on the United Nations website.