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 47 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 that year. The most recent data indicates that in 2019, Rautaruukki's Scope 3 emissions totalled around 5,604,000,000 kg CO2e, with notable contributions from processing of sold products (approximately 2,268,000,000 kg CO2e) and purchased goods and services (about 2,142,000,000 kg CO2e). Despite these substantial emissions figures, Rautaruukki has not set specific reduction targets or made formal climate pledges, which may limit their ability to demonstrate a commitment to reducing their carbon footprint. The company operates within the steel production sector, which is known for its high emissions, particularly in iron ore-based production processes. Overall, while Rautaruukki Corporation has reported extensive emissions, the absence of defined reduction initiatives or targets raises questions about their long-term climate strategy.
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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 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.
