Sustainability

We need sustainable actions to preserve the planet for future generations. At Outokumpu, we work towards a world that lasts forever.

Stainless steel has a crucial role in accelerating decarbonization. With the industry’s lowest carbon footprint, we support our customers to reduce their value chain emissions - the most challenging emissions to reduce. 

Sustainability review - 2023 highlights

Emission intensity reduced by 27% from 2016 baseline aligned with our science-based climate target to keep the 1.5°C ambition possible. In 2023, we were more than halfway towards the 2030 target.
We supported our customers in reducing their emissions by more than 12 million tonnes.
Record high recycled content rate of 95% in our production. Outokumpu’s business model is truly based on circularity.

Find out more at Outokumpu’s Sustainability review

 

Leading the green transition in the steel industry

The population of the world is expected to grow, leading to urbanization and requiring more energy and – steel. From basic structures of society to industry, mobility, and household appliances, the demand for stainless steel will grow.

Steel accounts for 7–9% of global greenhouse gas emissions. With our products’ total carbon footprint up to 75% lower than the industry average, we enable customers to reach their challenging value chain emission reduction targets. By 2030, we aim to further reduce emissions by 42% per tonne of stainless steel from a 2016 base year.  

Sustainable solutions

UN Sustainable Development Goals

Protecting the climate

Our sustainability is based on environmental, social and governance aspects

Strategia per la sostenibilità

La sostenibilità è al centro del nostro business ed è integrata nella nostra strategia. La nostra strategia per la sostenibilità si compone di tre pilastri: ambiente, società e persone, governance. Abbiamo fissato obiettivi ambiziosi e siamo alla costante ricerca di modi per migliorare ulteriormente le nostre operazioni. Il nostro approccio riflette sia l'importanza della sostenibilità sia le possibilità che offre.

Climate and circularity

To help combat climate change, we have the Science Based Target initiative’s approved climate ambition aligned with 1.5 degree. In addition, we offer pioneering sustainable and circular solutions for customers.
 

Innovative partnerships in the  value chain

67% of our emissions come from our value chain. To achieve our ambitious decarbonization targets, we partner with customers and suppliers to transform the entire value chain together.

People and society

Our people are at the heart of driving innovation and the development of stainless steel. We are committed to the United Nations Guiding Principles on Business and Human Rights and aim to increase diversity by having at least 30% diverse leaders in international leadership teams by 2025. 

Good governance

We are committed to ethical way of conducting business and strive for continuous improvement and transparency in our sustainability governance. 

Sustainability highlights

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Outokumpu Circle Green® - stainless steel of tomorrow, available today.

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Making of chrome ore amidst 70 bird species

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Design standards and sustainability in structural engineering

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Fornire agli OEM di elettrodomestici un vantaggio in termini di sostenibilità

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How stainless steels help us achieve carbon neutral mobility