Outokumpu Oyj 2024 AR2
The report highlights Outokumpu's progress in its smart decarbonization strategy despite a challenging financial year in 2024 due to a weaker global stainless steel cycle. The company maintained its record-high recycled material content at 95.3% and achieved a 32% reduction in CO2 emission intensity compared to the 2016 baseline. Outokumpu also advanced its commitment to carbon neutrality at its Kemi mine by 2025 and decided to invest EUR 40 million in a high-quality biocarbon production plant in Germany to reduce direct emissions. Additionally, the company maintained a world-class safety performance with a total recordable injury frequency rate of 1.5.
Company: Outokumpu Oyj
Sector: Materials
Country: Finland
Year: 2024
Type: AR2
Pages: 295
Outokumpu Oyj
Annual Report
The report highlights Outokumpu's progress in its smart decarbonization strategy despite a challenging financial year in 2024 due to a weaker global stainless steel cycle. The company maintained its record-high recycled material content at 95.3% and achieved a 32% reduction in CO2 emission intensity compared to the 2016 baseline. Outokumpu also advanced its commitment to carbon neutrality at its Kemi mine by 2025 and decided to invest EUR 40 million in a high-quality biocarbon production plant in Germany to reduce direct emissions. Additionally, the company maintained a world-class safety performance with a total recordable injury frequency rate of 1.5.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees