The Climate Fund started its operations in December 2020 and by the end of 2023 has made 24 investment decisions totalling 178.9 million euros. The Fund employs 21 people.
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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.
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. Missing from the picture is Petri Peltonen.
Chairman of the Board
Members of the Board
Petri Peltonen (Vice Chairman)
The Audit Committee consists of Perttu Puro, Mammu Kaario and Petri Peltonen.
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: Maija Lönnqvist
Substitute: Sampsa Nissinen
The Prime Minister’s Office: the ownership steering department
Member: Kimmo Viertola
Substitute: Maija Strandberg
Ministry of Finance
Member: Milla Kouri
Substitute: Ilari Valjus
Ministry of the Environment
Member: Tarja Haaranen
Substitute: Kaarle Kupiainen
Ministry of Transport and Communications
Member: Olli-Pekka Rantala
Substitute: Päivi Antikainen
Ministry of Agriculture and Forestry
Member: Heikki Granholm
Substitute: Johanna Vanhatalo
All e-mail addresses to Climate Fund’s team are: firstname.lastname@example.org
The executive committee consists of Toni Mikkonen (Acting CEO), Pia Erkinheimo (Director, Customer and dealflow), Saara Mattero (Director, Communications and Sustainability) and Sanna Ruuskanen (Director, finance and administration).
Customer and dealflow
Communications and sustainability
Finance and administration
All Climate Fund’s guidelines and publications can be found under the Topical-section.