Rautaruukki Corporation, commonly known as Ruukki, is a leading Finnish company headquartered in Finland (FI) that operates primarily in the steel and construction industries. Founded in 1960, Ruukki has established itself as a key player in the production of high-quality steel products and solutions, serving various sectors including construction, automotive, and energy. With a strong presence in Northern Europe and significant operations across Central and Eastern Europe, Ruukki is renowned for its innovative steel solutions, including advanced structural steel and tailored steel products. The company’s commitment to sustainability and efficiency sets it apart in the market, making it a preferred choice for customers seeking reliable and environmentally friendly materials. Ruukki's notable achievements include its robust market position and recognition for excellence in product quality and customer service.
How does Rautaruukki Corporation'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.
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.
Rautaruukki Corporation's score of 49 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Rautaruukki Corporation reported carbon emissions of approximately 1,640 kg CO2e per tonne from its iron ore-based steel production in the Nordics, classified under Scope 1 and 2 emissions. This figure reflects a reduction from 1,750 kg CO2e per tonne in 2019 and 1,670 kg CO2e per tonne in 2018, indicating a positive trend in their emissions performance over these years. Despite these reductions, Rautaruukki has not disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of detailed climate commitments suggests that while the company is making strides in reducing emissions, it may not yet have formalised its long-term climate strategy. Overall, Rautaruukki Corporation's emissions data highlights its ongoing efforts to lower carbon output in steel production, aligning with broader industry trends towards sustainability and reduced environmental impact.
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.
Rautaruukki Corporation 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.