Sustainability strategy

Sustainability is at the heart of our business and integrated in our strategy.

Our sustainability strategy consists of three pillars which cover environment, society & people and governance. We have set ambitious targets and are continuously looking for ways to further improve our operations. Our approach reflects both the importance of sustainability and the possibilities it offers.

Sustainability strategy

Outokumpu’s sustainable stainless steel contributes to a world that lasts forever. Stainless steel is in the center of the circular economy. Sustainable solutions that last forever are needed to solve the challenges created by population growth, urbanization and climate change.

Our long-term climate target is to reduce our direct and indirect CO2 emissions as well as those of our supply chain (scopes 1, 2 and 3) by 2030 and to reach carbon neutrality by 2050. Therefore, we are developing a carbon neutral road map in all our operations.

Customer's first choice in sustainable stainless steel
 

Environment

Reduce emissions and provide solutions for a sustainable future



Social 

Health and safety of our people in everything we do

Governance

Ensure transparency and compliant processes

 Sustainability is integral to our strategy and implemented with programmatic approach
Electrified production Sustainable sourcing Inclusion and diversity Leadership and culture  Compliance
 Digitalization  Partnerships  Outokumpu values  Group standards  Zero corruption

 

Tornio mill from the air
Industry benchmark for sustainability

Outokumpu is the sustainability leader in stainless steel driven by our heritage, people and operations. We will further strengthen this leadership with a more ambitious sustainability strategy and aim to become the industry benchmark for sustainability. Outokumpu is also committed to the Business Ambition for 1.5 ºC campaign of SBTi and partners.






Investing and improving

We are continuously seeking ways to further improve our efficiency and to minimize our environmental impacts. Outokumpu operates in a material and energy intensive industry. Out improved environmental efficiency is based on long-term efforts and continual improvement. We are constantly moving towards more sustainable operations both by improving existing processes and by developing completely new ways of working in a more environmentally efficient way.

During the last 15 years, Outokumpu has invested more than EUR 450 million in environmental protection, mainly related to projects to improve energy efficiency and to reduce waste to landfill. We have certified environment management systems and we implement continuous improvements in all production units to ensure compliance with all standard and regulations.