Focus on material issues

Outokumpu surveys regularly its stakeholders opinions on what are material aspects in sustainability. The latest survey was done in 2015. A total of 438 stakeholders participated, including 85 customers, 59 suppliers, 231 employees as well as investors, authorities and NGOs, through different actions.

Focus on material issuesCustomers participated in the Outokumpu Experience 2015 customer event, and all suppliers were contacted via a letter from our CEO, while employees were requested to participate via Outokumpu’s internet. The authorities and non-governmental organizations were included by Outokumpu’s network of personal contacts. Outokumpu’s own assessment of material aspects was discussed and assessed by Group experts involved in corporate responsibility, as well as by the leadership.

Some of the topics have been grouped:

Important both for Outokumpu business and stakeholders:

Important from stakeholders point of view:

The assessment of the materiality issues resulted in most being of high significance and only a few being of medium significance for both Outokumpu and the Group's stakeholders, and Outokumpu continues to report on the development on all of the resulting material aspects. 

GRI standard material topics and disclosures

Download more information on material topics and their boundaries

MATERIAL TOPICS ACCORDING TO GRI DISCLOSURE

Material topics according to GRI standard 102-47

 

GRI standard disclosures

 

Environmental Impact

303-1

Water withdrawal by source

 

 

304-1

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

 

 

305-7

Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions

 

 

306-1

Water discharge by quality and destination

 

Management of toxics

403-2

Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities

 

 

416-2

Incidents of non-compliance concerning the health and safety impacts of products and services

 

Climate change

305-1

Direct (Scope 1) GHG emissions

 

 

305-2

Energy indirect (Scope 2) GHG emissions

 

 

305-3

Other indirect (Scope 3) GHG emissions

 

 

305-4

GHG emissions intensity

 

Resource efficiency

301-2

Recycled input materials used

 

 

302-1

Energy consumption within the organization

 

 

302-3

Energy intensity

 

 

306-2

Waste by type and disposal method

 

Transport & Logistics

305-3

Other indirect (Scope 3) GHG emissions

 

Commitment to Sustainability Leadership

102-10

Significant changes to the organization and its supply chain

 

 

102-18

Governance structure

 

 

102-12

External initiatives

 

 

102-10

Significant changes to the organization and its supply chain

 

 

405-1

Diversity of governance bodies and employees

 

Management Systems & Product Certifications

102-2

Activities, brands, products, and services

 

Sustainability Driven Commercial Opportunities

203-2

Significant indirect economic impacts

 

Environmental Impact

201-1

Direct economic value generated and distributed

 

Product Responsibility & Safety

416-2

Incidents of non-compliance concerning the health and safety impacts of products and services

 

Accountable & Transparent Governance and Reporting

405-1

Diversity of governance bodies and employees

 

Compliance

307-1

Non-compliance with environmental laws and regulations

 

 

102-17

Mechanisms for advice and concerns about ethics

 

 

419-1

Non-compliance with laws and regulations in the social and economic area

 

 

206-1

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

 

 

205-2

Communication and training on anti-corruption policies and procedures

 

 

102-16

Values, principles, standards, and norms of behavior

 

Stakeholder Engagement

102-40

List of stakeholder groups

 

 

102-42

Identifying and selecting stakeholders

 

 

102-43

Approach to stakeholder engagement

 

Sustainable Supply Chain

204-1

Proportion of spending on local suppliers

 

 

308-1

Percentage of new suppliers that were screened using environmental criteria

 

 

414-1

New suppliers that were screened using social criteria

 

 

102-10

Significant changes to the organization and its supply chain

 

 

102-9

Supply chain

 

Labor Practices & Human Rights

414-1

New suppliers that were screened using social criteria

 

 

404-2

Programs for upgrading employee skills and transition assistance programs

 

Safe & Healthy Workplace

403-2

Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities

 

Human Resource Development

401-1

New employee hires and employee turnover

 

 

405-1

Diversity of governance bodies and employees

 

 

102-8

Information on employees and other workers

 

Restructuring Investments and Closures

203-2

Significant indirect economic impacts

 

Community Relations & Development

413-2

Operations with significant actual and potential negative impacts on local communities

 

 

415-1

Political contributions

 

 

201-2

Financial implications and other risks and opportunities due to climate change

 

                                                                                                                                                                                                                                                                                                                                                                                                                 

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Apr 04, 2018