Company

Founded in 2016, the Finnish State Development Company Vake changed into The Finnish Climate Fund in December 2020. Its 2,8 billion euro balance sheet is mainly comprised of a 8,3% share in the company Neste Oyj. The Fund employs 21 people.

Contacts

The Finnish Climate Fund

Porkkalankatu 1
00180 Helsinki
+358 40 152 7570
info@ilmastorahasto.fi

Media and interview requests:
Director, Communications and Sustainability
Saara Mattero
0400 114 777
saara.mattero@ilmastorahasto.fi

Interested in funding:
please contact our Customer and Dealflow team

e-invoices

We only handle electronical billing. Please supply all bills directed to us as an e-invoice to:

EDI: 003727774831
Operator: Maventa (003721291126)

Y-tunnus: 2777483-1

Whistleblower feedback

Climate Fund strives for responsible and ethical operations. If you detect any unethical or illegal action conducted by Climate Fund or our employee, you can anonymously report the misconduct with the Whistleblower feedback form below. Your report can also relate to a company, project, or venture funded by Climate Fund.

Whistleblower form

Board and Investment Council

Climate Fund’s Board of Directors

In accordance with the Limited Liability Companies Act and the Corporate By-Laws, the Climate Fund’s Board decides on the company’s strategic direction, operational model and the company’s investments.

Front row from left: Mammu Kaario, Perttu Puro, Mirva Antila. Back row from left: Kari Hämekoski, Juho Korpi, Erja Turunen. Petri Peltonen is missing from the picture.

Chairman of the Board
Perttu Puro

Vice Chairman of the Board
Petri Peltonen

Members of the Board
Mirva Antila
Kari Hämekoski
Mammu Kaario
Juho Korpi
Erja Turunen

The Audit Committee consists of Perttu Puro, Petri Peltonen and Mammu Kaario.

Climate Fund’s Investment Council

The task of the Climate Fund’s Investment Council is to ensure that the company’s actions are in accordance with the Finnish government’s goals and that it takes into account the developments in its operating environment. The Investment Council is made up of representatives from central ministries and it primarily handles current issues relating to the company’s operating environment and investment activities. The Investment Council does not handle individual investment or divestment decisions.

The Ministry of Economic Affairs and Employment
Member: Ilona Lundström
Substitute: Sampsa Nissinen

The Prime Minister’s Office: the ownership steering department
Member: Maija Strandberg
Substitute: Petri Vihervuori

Ministry of Finance
Member: Ilari Valjus
Substitute: Johanna von Knorring

Ministry of the Environment
Member: Juhani Damski
Substitute: Leena Ylä-Mononen

Ministry of Transport and Communications
Member: Olli-Pekka Rantala
Substitute: Mikko Jääskeläinen

Personnel

All e-mail addresses to Climate Fund’s team are: firstname.lastname@ilmastorahasto.fi

The executive committee consists of Paula Laine (CEO), Toni Mikkonen (Director, Investments), Pia Erkinheimo (Director, Customer and dealflow), Saara Mattero (Director, Communications and Sustainability) and Sanna Ruuskanen (Director, finance and administration).