Below is the most recent GRI Index, which was published in connection with the latest Annual report 2020, which also includes Sustainability review, in March 2021. The table guides you on where in the Annual report and outokumpu.com you will find more information.
Acronyms in the Annual report column mean following sections in the report: AR = Annual review, FS = Financial statements, SR = Sustainability review and CG = Corporate Governance statement.
| GRI Index | ||||||
|---|---|---|---|---|---|---|
| GRI Standard | Disclosure title | Omission | annual report 2020 | assured | iso 26000 | |
| GRI 102: General disclosures | ||||||
| Organisational profile | ||||||
| 102-1 | Name of the organisation | Outokumpu Oyj | 6.2.1.-6.2.3 | |||
| 102-2 | Activities, brands, products, and services | Outokumpu in brief (AR 4) | 6.2.1 | |||
| 102-3 | Location of headquarters | Salmisaarenranta 11, 00180 Helsinki, Finland | 6.2 | |||
| 102-4 | Location of operations | List of operating sites | 6.2 | |||
| 102-5 | Ownership and legal form | Outokumpu in brief (AR 4), Shares and shareholders (CG 24-25) | 6.2 | |||
| 102-6 | Markets served | Outokumpu in brief (AR 4), Market environment (AR 10-12) | 6.7.1 | |||
| 102-7 | Scale of the organization | Key figures 2020 (AR 5) |
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| 102-8 | Information on employees and other workers |
Our people by region (SR 22), Social key figures (AR 5), Sustainability data tool: Employees; Employees by region; Employee turnover. Significant portion of the organization’s activities are not performed by workers who are not employees. There are no significant variations (such as seasonal variations) to the reported numbers. |
X | |||
| 102-9 | Supply chain | Sustainable supply chain (SR 14-15) |
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| 102-10 | Significant changes to the organization and its supply chain |
CEO’s review (AR 6-7), Strategy (AR 8-9), Sustainable supply chain (SR 14-15) | 6.2 | |||
| 102-11 | Precautionary Principle or approach |
Key risks (CG 19-23) |
6.5 | |||
| 102-12 | External initiatives |
Sustainability at Outokumpu (SR 2), Outokumpu and society (SR 23-24) |
6.2 | |||
| 102-13 | Membership of associations |
Outokumpu and society (SR 24) |
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| Strategy | ||||||
| 102-14 | Statement from senior decision-maker | CEO’s review (AR 6-7) |
6.2 | |||
| 102-15 | Key impacts, risks, and opportunities |
Strategy and vision (AR 8-9), Sustainability at Outokumpu (SR 2), Key risks (CG 19-23) |
6.2 | |||
| Ethics and integrity | ||||||
| 102-16 | Values, principles, standards, and norms of behavior | Sustainability at Outokumpu (SR 2), Outokumpu Ways of Working (SR 19), Code of Conduct, Ethical Statement | ||||
| 102-17 | Mechanisms for advice and concerns about ethics | Outokumpu and society (SR 24), Review of the Board of Directors, p. 7 | ||||
| Governance | ||||||
| 102-18 | Governance structure | Corporate Governance Statement (CG 13) |
6.2 | |||
| Stakeholder engagement | ||||||
| 102-40 | List of stakeholder groups | Sustainability at Outokumpu (SR 2) | 6.8 | |||
| 102-41 | Collective bargaining agreements | Personnel (SR 22) |
X | 6.8 | ||
| 102-42 | Identifying and selecting stakeholders | Sustainability at Outokumpu (SR 2) | ||||
| 102-43 | Approach to stakeholder engagement | Sustainability at Outokumpu (SR 22); Outokumpu and society (SR 23-24); Shares and shareholders (CG 24-25) |
6.8 | |||
| 102-44 | Key topics and concerns raised | Sustainability at Outokumpu (SR 2); Personnel (SR 18-22); Outokumpu and society (SR 23-24); Mitigating climate change (SR 4-6); Shares and shareholders (CG 24) | 6.8 | |||
| Reporting practice | ||||||
| 102-45 | Entities included in the consolidated financial statements | Subsidiaries on December 31, 2020 (FS 65) |
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| 102-46 | Defining report content and topic Boundaries |
Scope of the report (SR 28-29), GRI index |
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| 102-47 | List of material topics | Sustainability at Outokumpu (SR 2) |
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| 102-48 | Restatements of information |
N/A | ||||
| 102-49 | Changes in reporting | Scope of the report (SR 28-29) |
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| 102-50 | Reporting period |
1 January - 31 December 2020 |
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| 102-51 | Date of most recent report |
February 2020 |
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| 102-52 | Reporting cycle | Annually | ||||
| 102-53 | Contact point for questions regarding the report | corporate.comms@outokumpu.com |
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| 102-54 | Claims of reporting in accordance with the GRI Standards | Scope of the report (SR 28) | ||||
| 102-55 | GRI content index | GRI Index | ||||
| 102-56 | External assurance | Independent Practitioner’s Assurance Report (SR 30) |
7.5.3 | |||
| GRI 103: Management approach | ||||||
| 103-1 | Explanation of the material topic and its Boundary | Sustainability at Outokumpu (SR 2), Sustainability reporting | ||||
| 103-2 | The management approach and its components |
Sustainability reporting | ||||
| 103-3 | Evaluation of the management approach |
Sustainability reporting | 6.8 | |||
| GRI 200: Economic standards | ||||||
| 201-1 | Direct economic value generated and distributed |
Outokumpu and society (SR 23); Sustainability data tool: Society | X | |||
| 201-2 | Financial implications and other risks and opportunities due to climate change |
Quantitative financial implications are not published. | Protecting the climate with stainless steel (SR 4-6); Report of the Board of Directors (FS 5-7, 8-9) |
X | ||
| 203-2 | Significant indirect economic impacts |
In 2020, the focus on significant social impact was on COVID-19 |
Sustainable supply chain (SR 14-15); Outokumpu and society (SR 23-24); Sustainability data tool: Society |
X | ||
| 204-1 | Proportion of spending on local suppliers |
Sustainable supply chain (SR 14-15) |
X | |||
| 205-2 | Communication and training on anti-corruption policies and procedures |
Total numbers are not reported by region, as the information is not available. | Outokumpu and society (SR 23-24) |
X | ||
| 206-1 | Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
Non-financial information (FS 7), Significant legal proceedings (FS 9) |
X | |||
| GRI 300: Environmental standards | ||||||
| 301-2 | Recycled input materials used | We operate at the heart of the circular economy (SR 9-10) | X | 6.5 | ||
| 302-1 | Energy consumption within the organization |
Focus on energy efficiency (SR 7-8), Scope of the report (SR 28-29), Sustainable performance in 2020 (SR 3) |
X | 6.5 | ||
| 302-3 | Energy intensity |
Focus on energy efficiency (SR 7-8), Report of the Board of Directors (FS 7), Sustainability data tool: Resources | X | 6.5 | ||
| 303-1 | Interactions with water as a shared resource |
Reducing our impact on the environment (SR 12-13) | X | 6.5 | ||
| 303-2 | Management of water discharge-related impacts |
Reducing our impact on the environment (SR 12-13) | X | 6.5 | ||
| 303-3 | Water withdrawal |
Reducing our impact on the environment (SR 12-13); Scope of the report (SR29); Sustainability data tool |
X | 6.5 | ||
| 303-4 | Water discharge |
Reducing our impact on the environment (SR 12-13). The discharge is measured and supervised by authorities. Sustainability data tool |
X | 6.5 | ||
| 304-1 | Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 | ||
| 305-1 | Direct (Scope 1) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change | X | 6.5 | ||
| 305-2 | Energy indirect (Scope 2) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change | X | 6.5 | ||
| 305-3 | Other indirect (Scope 3) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | |||
| 305-4 | GHG emissions intensity |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 | ||
| 305-7 | Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Emissions and water | X | 6.5 | ||
| 306-3 | Waste generated |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
| 306-4 | Waste diverted from disposal |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
| 306-5 | Waste directed to disposal |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
| 307-1 | Non-compliance with environmental laws and regulations |
No incidents of non-compliance with environmental laws and regulations (SR 3, SR 7) |
X | 6.5 | ||
| 308-1 | Percentage of new suppliers that were screened using environmental criteria |
Percentage of new suppliers being screened is not reported |
Sustainable supply chain (SR 14-15) |
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| GRI 400: Social standards | ||||||
| 401-1 | New employee hires and employee turnover | Sustainability data tool: Employee turnover: | X | |||
| 403-9 | Work related injuries |
We operate safely, always (SR 16-17) |
X |
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| 404-2 | Programs for upgrading employee skills and transition assistance programs |
Our people (SR 18-22) |
X |
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| 405-1 | Diversity of governance bodies and employees |
Information on governance bodies by age groups is not reported. BoD not reported by age group as not reasonable. Employess not reported by employee category. | Non-financial information (FS 7), Corporate Governance Statement (CG 7); Sustainability data tool: Employees |
X |
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| 413-2 | Operations with significant actual and potential negative impacts on local communities |
Environmental and social impact are being investigated |
Reducing our impact on the environment (SR 11-13); Outokumpu and society (SR 23-24); Impact on society |
X | ||
| 414-1 | New suppliers that were screened using social criteria |
Percentage of new suppliers being screened is not reported |
Sustainable supply chain (SR 14-15) |
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| 415-1 | Political contributions |
Outokumpu does not make any donations to political parties or groups, see Code of Conduct |
X |
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| 416-2 | Incidents of non-compliance concerning the health and safety impacts of products and services |
No incidents of non-compliance, Significant legal proceedings (FS 9), Disputes and litigations (FS 63); Product safety |
X |
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| 419-1 | Non-compliance with laws and regulations in the social and economic area |
No issues of non-compliance with laws and regulations in the social and economic area. Significant legal proceedings (FS 9), Disputes and litigations (FS 63) |
X |
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| Company's own indicators | ||||||
| 1 | Recycled content and recycled (steel) content acc. ISO 14021 | We operate at the heart of the circular economy (SR 9-10) |
X | 6.5 | ||
| 2 | Energy efficiency |
Focus on energy efficiency (SR 7-8), Review by the Board of Directors (FS 7), Sustainability data tool: Resources |
X | 6.5 | ||
| 3 | Science Based Target |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 | ||
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