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Ovako Metals Oy Ab
Ovako Metals Oy Ab, headquartered in Finland, is a leading player in the steel industry, specialising in the production of high-quality engineering steels. Founded in 2005, the company has established a strong presence across Europe, with significant operations in Sweden, Germany, and the UK. Ovako is renowned for its innovative approach to manufacturing, focusing on products that cater to the demanding needs of the automotive, energy, and engineering sectors. Their core offerings include a range of steel grades and components that are distinguished by their superior performance and sustainability. With a commitment to quality and environmental responsibility, Ovako has achieved notable recognition in the market, positioning itself as a trusted partner for customers seeking reliable and efficient steel solutions.
DitchCarbon Score
How does Ovako Metals Oy Ab'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.
Industry Average
Mean score of companies in the Lignite Coal 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.
Industry Benchmark
Ovako Metals Oy Ab's score of 20 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ovako Metals Oy Ab, headquartered in Finland (FI), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Ovako AB, which may influence its climate commitments and emissions reporting. While Ovako Metals Oy Ab does not have documented reduction targets or specific climate pledges, it is part of a corporate family that includes Sanyo Special Steel Co., Ltd. and Nippon Steel Corporation. These parent organizations may have their own emissions data and climate initiatives that could impact Ovako Metals' overall sustainability strategy. As a subsidiary, Ovako Metals may inherit climate commitments and targets from its parent companies, particularly from Sanyo Special Steel Co., Ltd. at the second cascade level and Nippon Steel Corporation at the third cascade level. However, specific details regarding these initiatives or targets have not been disclosed. In summary, while Ovako Metals Oy Ab is positioned within a larger corporate structure that may have climate commitments, it currently lacks specific emissions data and reduction targets of its own.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 244,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 254,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 660,000,000 | 000,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Ovako Metals Oy Ab is not participating in any 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.
