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Outokumpu, a leading global stainless steel manufacturer, is headquartered in Finland (FI) and operates extensively across Europe, North America, and Asia. Founded in 1910, the company has established itself in the basic iron and steel industry, specialising in ferro-alloys and the production of high-quality stainless steel products.
Outokumpu's core offerings include a diverse range of stainless steel grades and products, known for their durability and corrosion resistance, making them ideal for various applications in industries such as construction, automotive, and energy. The company is recognised for its commitment to sustainability and innovation, positioning itself as a market leader in the stainless steel sector. With a rich history and a focus on quality, Outokumpu continues to achieve significant milestones, reinforcing its reputation as a trusted partner in the global steel market.
77
DitchCarbon score
+59 vs industry average
Outokumpu’s score of 77 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
2.965
20182025
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Outokumpu's reported carbon emissions
Outokumpu, a Finnish company in the basic iron and steel industry, reported total carbon emissions of approximately 3.64 billion kg CO2e in 2025. This figure comprises about 1.03 billion kg CO2e from Scope 1, 373.5 million kg CO2e from Scope 2 (market-based), and 2.24 billion kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 3.70 billion kg CO2e, with Scope 1 at 990.6 million kg CO2e, Scope 2 (market-based) at 364.7 million kg CO2e, and Scope 3 at 2.35 billion kg CO2e. This shows a slight decrease in total emissions from 2024 to 2025.
Outokumpu has set a Science Based Target initiative (SBTi) approved target to reduce Scope 1, 2, and 3 GHG emissions by 42% per tonne of stainless steel by 2030, using a 2016 baseline. The company is committed to achieving carbon neutrality across all scopes by 2050. Additionally, Outokumpu aims for carbon neutrality in its own operations (Scope 1 and 2) by 2050. A more immediate goal is to make the Kemi mine carbon-neutral by 2025.
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Outokumpu’s Climate Goals (2030 & 2050)
4 goals2030
42% reduction in Scope 1
Outokumpu commits to reduce scope 1, 2 and 3 GHG emissions 42% per ton of stainless steel by 2030 from a 2016 base year*. *The target bounda…
Insufficient data42%
2030
42% reduction in all scopes
Outokumpu commits to reduce scope 1, 2 and 3 GHG emissions 42% per ton of stainless steel by 2030 from a 2016 base year*. *The target bounda…
Insufficient data42%
2030
42% reduction in scope 3 total
Outokumpu commits to reduce scope 1, 2 and 3 GHG emissions 42% per ton of stainless steel by 2030 from a 2016 base year*. *The target bounda…
Insufficient data42%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Outokumpu7 days ago
77
Frequently asked questions
Common questions about Outokumpu’s sustainability data and climate commitments
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