Rautaruukki Corporation
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Rautaruukki Corporation's score of 19 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rautaruukki Corporation's reported carbon emissions
In 2020, Rautaruukki Corporation reported significant carbon emissions, with approximately 8,844,000,000 kg CO2e from Scope 1 and about 1,145,000,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data for this year. The emissions from Scope 1 primarily stem from direct operations, while Scope 2 emissions are associated with the consumption of purchased electricity, steam, heating, and cooling. In 2019, Rautaruukki's Scope 3 emissions totalled approximately 5,604,000,000 kg CO2e, which included categories such as processing of sold products and purchased goods and services. Despite these figures, Rautaruukki has not set specific reduction targets or initiatives as part of their climate commitments. The company operates within the steel production sector, which is known for its high carbon footprint, particularly in iron ore-based steel production in the Nordics, where emissions are approximately 1,640 kg CO2e per tonne produced. Overall, while Rautaruukki Corporation has substantial emissions, there is currently no publicly available information on their specific climate pledges or reduction targets.
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| 2014 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 9,600,000,000 | - | 0,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | - |
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.
Rautaruukki Corporation is not committed to any reduction initiatives 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.
