Products: Stainless steel is the only long-lasting material for many applications of clean energy, e.g.
solar farms and biofuels.
Operations: We follow sustainable energy supply practices to gain secure and stable energy.
Highlight in 2024: Share of low-emission electricity was 90%.
Products: Stainless steel is a key element in building a modern, efficient and well-being society.
Operations: We contribute to the community well-being through direct and indirect employment, taxes and other involvement.
Highlight in 2024: We employed directly over 8,300 employees. Our employee engagement index remained high at 76.
Products: Due to its excellent properties, stainless steel is a key material in sustainable industrialization and modern infrastructure.
Operations: We have a long history in developing new steel grades. We work closely with customers to find the most sustainable material solutions.
Highlight in 2024: Through our low-emission stainless steel, we enabled customers to reduce their supply chain emissions by 10 million tonnes in 2024.
Products: Our stainless steel has a high recycled content rate, over 90%. Stainless steel is also the single most recycled material globally.
Operations: Our business is based on the circular economy. Our mills are among the biggest material recycling facilities in the world.
Highlight in 2024: Outokumpu achieved its record high recycled material content rate of 95%.
Products: Our stainless steel helped our customers’ reduce their carbon emissions by 12 million tons in 2023.
Operations: We have an ambitious climate target aligned with 1.5°C and we are committed to reducing emission intensity across all scopes by 42% by 2030 from the 2016 baseline.
Highlight in 2024: Outokumpu reduced emission intensity by 32% from the 2016 baseline. We also aim to reach carbon neutrality of the Kemi mine by the end of 2025.
Products: We are working together with our customers and partners to decarbonize different industries.
Operations: We are committed to global sustainability frameworks and to partnering with our whole value chain to drive sustainable development.
Highlight in 2024: From the automotive industry to cookware, we partnered with Siemens, thyssenkrupp, Boysen Group and Fissler, among others, with products made of Circle Green.