Management principles

The purpose of Fingrid's management principles is to implement the strategy approved by the Board of Directors and achieve the company's business targets in a profitable, responsible and sustainable manner. This requires the proper allocation of financial and human resources and optimal utilisation of information.

Management observes internal control and risk management methods that ensure good corporate governance. The company follows changes in the laws and legislation and maintains guiding principles, policies and other rules in accordance with the requirements of the legislation that applies to the company. Business is planned and managed according to the guidelines in a way that makes it possible to demonstrate that the requirements have been fulfilled. This applies to the company's internal activities and to services that are outsourced.

The key elements of the targets and requirements for responsible operations, good corporate governance, internal control as well as risk management objectives are specified in the company values, Code of Conduct and the internal control and risk management principles, which have been separately approved by the Board.

Basic task and strategy model

The company's basic mission is to secure reliable electricity for customers and society and to shape the power system system of the future.

The company regularly assesses its operating environment, statutory tasks, objectives and strategy. The company's Board of Directors decides on the strategy and its starting points. The strategy is prepared and managed in a sustainable, balanced and responsible manner that ensures profitable business operations. To ensure this, the company's strategy separately defines the objectives of entities that are essential for implementation. High-quality and balanced guidance of projects required for the implementation of the strategy is ensured by uniform operating and decision-making models.

The CEO, assisted by the management team, is responsible for the company's day-to-day administration and management in accordance with the Companies Act and in accordance with the principles and other guidelines approved by the company's Board of Directors. The Board of Directors approves the company's basic organization at the functional level. The management team is formed by the heads of the functions, and the decisions of the management team are implemented with the authorization of the CEO.

Fingrid's strategy

Fingrid's strategy. Click to enlarge image!

Updated 2.12.2025