In sustainability reporting, we follow the Global Reporting Initiative standard in accordance with the GRI standards’ Core option.

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)
   
 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.
 
 102-9 Supply chain   Sustainable supply chain (SR 14-15)
   
 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)
   
 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)
   
 102-46 Defining report content and topic Boundaries 
  Scope of the report (SR 28-29), GRI index
   
 102-47 List of material topics    Sustainability at Outokumpu (SR 2)
   
 102-48 Restatements of information
   N/A    
 102-49 Changes in reporting    Scope of the report (SR 28-29)
   
 102-50 Reporting period 
  1 January - 31 December 2020
   
 102-51 Date of most recent report 
  February 2020
   
 102-52 Reporting cycle   Annually    
 102-53 Contact point for questions regarding the report    corporate.comms@outokumpu.com
   
 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
 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)
   
 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
 
 404-2 Programs for upgrading employee skills and transition assistance programs
  Our people (SR 18-22)
X
 
 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
 
 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
 
 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)
   
 415-1 Political contributions
  Outokumpu does not make any donations to political parties or groups, see Code of Conduct
X
 
 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
 
 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
 
 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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