Outokumpu Oyj

Common Name
Outokumpu
Country
Finland
Sector
Basic Materials
Industry
Steel
Employees
8,340
Ticker
OUT1V
Exchange
NASDAQ HELSINKI LTD
Description
Outokumpu Oyj is a leading global producer of stainless steel, known for its focus on sustainable practices throughout its operations. This Finnish company serves a critical role in the metals and min...

Outokumpu's Climate Target Data Preview

As of 2024, Outokumpu has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Outokumpu ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2024
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2026
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Outokumpu's Greenhouse Gas Emissions Pathways

As of 2024, Outokumpu has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.

Does Outokumpu have a target to reduce its total carbon footprint?

As of 2024, Outokumpu has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Outokumpu's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 2.08 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured in 2016, by 42% by 2030.

As of 2024, Outokumpu is ahead of schedule on its total carbon footprint reduction target, having achieved 75.55% of the planned reduction.

Outokumpu's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201620242024203000.551.11.652.2BaselineCurrent (-32%)
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