In 2024, Outokumpu was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Outokumpu has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Outokumpu are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, Outokumpu reported EU Taxonomy-eligible revenues of EUR 5.53 billion, representing 93% of its total turnover. Of this amount, EUR 5.53 billion of Outokumpu's revenues was classified as EU Taxonomy-aligned, indicating that 93% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Compared to the previous year (2023), Outokumpu's taxonomy-aligned revenues increased by 3.33%, highlighting Outokumpu's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, Outokumpu reported that EUR 5.53 billion of its revenue was eligible under the EU Taxonomy, representing 93% of the company's total turnover. Of this amount, EUR 5.53 billion (93% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Outokumpu's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, Outokumpu reported that EUR 5.53 billion of its revenue was aligned under the EU Taxonomy, representing 93% of its total turnover.
This strong alignment suggests that Outokumpu has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
In 2024, Outokumpu reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Outokumpu reported that EUR 5.53 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 93% of the company's total revenue, indicating that Outokumpu primarily focuses on solutions that support climate action through its commercial activities.
In 2024, Outokumpu reported EU Taxonomy-eligible CAPEX of EUR 157.00 million, representing 78% of its total CAPEX. Of this amount, EUR 157.00 million of Outokumpu's CAPEX was classified as EU Taxonomy-aligned, indicating that 78% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Compared to the previous year (2023), Outokumpu's taxonomy-aligned CAPEX increased by 4%, highlighting Outokumpu's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Outokumpu reported that EUR 157.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 78% of the company's total CAPEX. Of this amount, EUR 157.00 million (78% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Outokumpu's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Outokumpu reported that EUR 157.00 million of its CAPEX was aligned under the EU Taxonomy, representing 78% of its total capital investment.
This strong alignment suggests that Outokumpu is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
In 2024, Outokumpu reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Outokumpu allocated EUR 156.78 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 78% of the company's total capital expenditure, indicating that Outokumpu is prioritizing climate-focused investments as a central part of its overall capital strategy.
In 2024, Outokumpu reported EU Taxonomy-eligible OPEX of EUR 531.00 million, representing 81% of its total operating expenses (OPEX). Of this amount, EUR 531.00 million of Outokumpu's OPEX was classified as EU Taxonomy-aligned, indicating that 81% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Compared to the previous year (2023), Outokumpu's taxonomy-aligned OPEX decreased by 2.41%, suggesting that Outokumpu may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Outokumpu reported that EUR 531.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 81% of the company's total OPEX. Of this amount, EUR 531.00 million (81% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Outokumpu's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Outokumpu reported that EUR 531.00 million of its OPEX was aligned under the EU Taxonomy, representing 81% of its total operational expenditure.
This strong alignment suggests that Outokumpu is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
In 2024, Outokumpu reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Outokumpu allocated EUR 532.17 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 81% of the company's total OPEX, indicating that Outokumpu is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.