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

Sustainability strategy

Sustainability is at the heart of our business and integrated in our strategy. We have set ambitious targets and are continuously looking for ways to set the bar higher in sustainability.  

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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ZWILLING, one of the global leading supplier of high-quality products for modern h...

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Read how V-ZUG views sustainability as being as important as innovation, durabilit...

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Providing appliance OEMs with a sustainability edge

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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

Case Fiskars Group

Towards cookware that lasts generations: Fiskars Group makes long-lasting pans and...

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Providing a product-specific carbon footprint for automotive customers

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How stainless steels help us achieve carbon neutral mobility