Sustainability strategy
Outokumpu’s sustainable stainless steel contributes to a world that lasts forever. Stainless steel is in the center of the circular economy. Sustainable solutions that last forever are needed to solve the challenges created by population growth, urbanization and climate change.Our long-term climate target is to reduce our direct and indirect CO2 emissions as well as those of our supply chain (scopes 1, 2 and 3) by 2030 and to reach carbon neutrality by 2050. Therefore, we are developing a carbon neutral road map in all our operations.
| Customer's first choice in sustainable stainless steel | ||||
|---|---|---|---|---|
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Environment Reduce emissions and provide solutions for a sustainable future |
Social Health and safety of our people in everything we do |
Governance Ensure transparency and compliant processes |
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| Sustainability is integral to our strategy and implemented with programmatic approach | ||||
| Electrified production | Sustainable sourcing | Inclusion and diversity | Leadership and culture | Compliance |
| Digitalization | Partnerships | Outokumpu values | Group standards | Zero corruption |
Industry benchmark for sustainability
Outokumpu is the sustainability leader in stainless steel driven by our heritage, people and operations. We will further strengthen this leadership with a more ambitious sustainability strategy and aim to become the industry benchmark for sustainability. Outokumpu is also committed to the Business Ambition for 1.5 ºC campaign of SBTi and partners.
Investing and improving
We are continuously seeking ways to further improve our efficiency and to minimize our environmental impacts.
Outokumpu operates in a material and energy intensive industry. Our improved environmental efficiency is based on long-term efforts and continual improvement. We are constantly moving towards more sustainable operations both by improving existing processes and by developing completely new ways of working in a more environmentally efficient way.During the last 15 years, Outokumpu has invested more than EUR 450 million in environmental protection, mainly related to projects to improve energy efficiency and to reduce waste to landfill. We have certified environment management systems and we implement continuous improvements in all production units to ensure compliance with all standard and regulations.