Public Profile

Outokumpu

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 as a key player in the stainless steel industry, focusing on the production of high-quality stainless steel products for various sectors, including construction, automotive, and energy. Outokumpu's core offerings include a diverse range of stainless steel grades and products, such as coils, sheets, and plates, distinguished by their durability and corrosion resistance. The company is renowned for its commitment to sustainability and innovation, positioning itself as a pioneer in eco-friendly steel production. With a strong market presence and a reputation for excellence, Outokumpu continues to achieve significant milestones, reinforcing its status as a trusted partner in the global stainless steel supply chain.

DitchCarbon Score

How does Outokumpu's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

64

Industry Average

Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

12

Industry Benchmark

Outokumpu's score of 64 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

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Outokumpu's reported carbon emissions

In 2024, Outokumpu reported total carbon emissions of approximately 3,702,456,000 kg CO2e, with Scope 1 emissions at about 990,643,000 kg CO2e, Scope 2 emissions at approximately 364,704,000 kg CO2e, and Scope 3 emissions reaching about 3,408,983,000 kg CO2e. This reflects a significant commitment to reducing greenhouse gas emissions across all scopes. Outokumpu has set ambitious targets to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company aims to reduce its overall greenhouse gas emissions by 42% per tonne of stainless steel produced by 2030, using 2016 as the baseline year. This target encompasses all scopes, including biogenic emissions and removals from bioenergy feedstocks. The company's emissions intensity for Scope 1 and 2 combined is reported at 900 kg CO2e per tonne of steel, indicating a focus on improving efficiency and reducing carbon output in its production processes. Outokumpu's long-term climate strategy aligns with industry standards and reflects a proactive approach to addressing climate change within the steel sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201320142015201620202021202220232024
Scope 1
1,274,515,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
Scope 2
-
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
0,000,000
0,000,000,000
0,000,000,000
-
0,000,000,000
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Outokumpu's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Outokumpu is in FI, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Outokumpu is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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