Outokumpu Group's operations are guided by its ethical principles of human dignity, sustainable development, good corporate citizenship, safe and healthy workplace. For Outokumpu, corporate responsibility includes economic, environmental and social aspects and their impacts on the Group's stakeholders. In Outokumpu’s view, responsible business practices are a precondition for sustainable competitiveness.
Outokumpu’s three strategic corporate responsibility objectives are:
Corporate responsibility needs to be an integral part of Outokumpu operations, activities and decision-making across all divisions, from material purchasing through to production and sales. Economic, environmental and social responsibility issues should be in balance. Compliance with laws forms the basis of Outokumpu’s actions, and with continuous improvement of its performance, Outokumpu is always aiming at a higher level.
Our goal is that our business partners, subcontractors and suppliers become familiar with our corporate responsibility principles, and that they follow similar standards.
To enhance transparency Outokumpu strives for a continuous, systematic and open dialogue on corporate responsibility issues with key stakeholders such as shareholders, employees, customers, suppliers, as well as public and non-governmental organisations. This co-operation contributes to developing both company’s corporate responsibility performance and the reporting of that performance.
Policies guiding Outokumpu
Responsibility to people and to the environment has always been important in Outokumpu. Stated in simple terms, our aim is to make sustainable profits through responsible business practices a central element of all Group operations and strategy.