Outokumpu Oyj 2023 AR2
The report highlights Outokumpu's solid performance in 2023 despite a weak market environment, ending the year net debt-free. The company successfully exited its non-core Long Products business and made significant progress toward its sustainability targets, achieving an all-time high recycled material content of 95%. Additionally, Outokumpu reduced its carbon emission intensity by 27% compared to the 2016 baseline and supported customers in avoiding 12 million tonnes of CO2 emissions. The company also announced a EUR 30 million investment in a biocoke pelletizing plant in Tornio, Finland, to further reduce direct emissions.
Company: Outokumpu Oyj
Sector: Materials
Country: Finland
Year: 2023
Type: AR2
Pages: 235
Outokumpu Oyj
Annual Report
The report highlights Outokumpu's solid performance in 2023 despite a weak market environment, ending the year net debt-free. The company successfully exited its non-core Long Products business and made significant progress toward its sustainability targets, achieving an all-time high recycled material content of 95%. Additionally, Outokumpu reduced its carbon emission intensity by 27% compared to the 2016 baseline and supported customers in avoiding 12 million tonnes of CO2 emissions. The company also announced a EUR 30 million investment in a biocoke pelletizing plant in Tornio, Finland, to further reduce direct emissions.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees