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

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Outokumpu Oyj

Outokumpu Oyj 2024 Annual Report

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