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.
Customers 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:
- Resource efficiency: Energy efficiency and supply of sustainable energy and recycling and circular economy
- Environmental impact: Management of emissions into air, of water, of waste and impact on land use and biodiversity
- Compliance: Ethical business conduct and compliance
- Accountable and transparent governance and reporting, including tax transparency.
Important both for Outokumpu business and stakeholders:
- Safe and healthy workplace
- Resource efficiency (material and energy)
- Accountable and transparent governance and reporting
- Product responsibility and quality
Important from stakeholders point of view:
- Environmental impacts
- Management of toxics and chemicals
- Labor Practices and human rights
- Sustainable supply chain
- Climate change
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
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MATERIAL TOPICS ACCORDING TO GRI DISCLOSURE |
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Material topics according to GRI standard 102-47 |
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GRI standard disclosures |
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Environmental Impact |
303-1 |
Water withdrawal by source |
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304-1 |
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas |
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305-7 |
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions |
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306-1 |
Water discharge by quality and destination |
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Management of toxics |
403-2 |
Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities |
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416-2 |
Incidents of non-compliance concerning the health and safety impacts of products and services |
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Climate change |
305-1 |
Direct (Scope 1) GHG emissions |
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305-2 |
Energy indirect (Scope 2) GHG emissions |
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305-3 |
Other indirect (Scope 3) GHG emissions |
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305-4 |
GHG emissions intensity |
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Resource efficiency |
301-2 |
Recycled input materials used |
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302-1 |
Energy consumption within the organization |
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302-3 |
Energy intensity |
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306-2 |
Waste by type and disposal method |
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Transport & Logistics |
305-3 |
Other indirect (Scope 3) GHG emissions |
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Commitment to Sustainability Leadership |
102-10 |
Significant changes to the organization and its supply chain |
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102-18 |
Governance structure |
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102-12 |
External initiatives |
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102-10 |
Significant changes to the organization and its supply chain |
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405-1 |
Diversity of governance bodies and employees |
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Management Systems & Product Certifications |
102-2 |
Activities, brands, products, and services |
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Sustainability Driven Commercial Opportunities |
203-2 |
Significant indirect economic impacts |
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Environmental Impact |
201-1 |
Direct economic value generated and distributed |
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Product Responsibility & Safety |
416-2 |
Incidents of non-compliance concerning the health and safety impacts of products and services |
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Accountable & Transparent Governance and Reporting |
405-1 |
Diversity of governance bodies and employees |
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Compliance |
307-1 |
Non-compliance with environmental laws and regulations |
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102-17 |
Mechanisms for advice and concerns about ethics |
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419-1 |
Non-compliance with laws and regulations in the social and economic area |
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206-1 |
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
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205-2 |
Communication and training on anti-corruption policies and procedures |
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102-16 |
Values, principles, standards, and norms of behavior |
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Stakeholder Engagement |
102-40 |
List of stakeholder groups |
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102-42 |
Identifying and selecting stakeholders |
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102-43 |
Approach to stakeholder engagement |
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Sustainable Supply Chain |
204-1 |
Proportion of spending on local suppliers |
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308-1 |
Percentage of new suppliers that were screened using environmental criteria |
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414-1 |
New suppliers that were screened using social criteria |
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102-10 |
Significant changes to the organization and its supply chain |
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102-9 |
Supply chain |
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Labor Practices & Human Rights |
414-1 |
New suppliers that were screened using social criteria |
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404-2 |
Programs for upgrading employee skills and transition assistance programs |
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Safe & Healthy Workplace |
403-2 |
Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities |
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Human Resource Development |
401-1 |
New employee hires and employee turnover |
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405-1 |
Diversity of governance bodies and employees |
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102-8 |
Information on employees and other workers |
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Restructuring Investments and Closures |
203-2 |
Significant indirect economic impacts |
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Community Relations & Development |
413-2 |
Operations with significant actual and potential negative impacts on local communities |
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415-1 |
Political contributions |
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201-2 |
Financial implications and other risks and opportunities due to climate change |
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Apr 04, 2018