Outokumpu Oyj is a multinational manufacturing company specializing in stainless steel production. Headquartered in Finland, Outokumpu is recognized as the largest producer of stainless steel in Europ... Outokumpu Oyj is a multinational manufacturing company specializing in stainless steel production. Headquartered in Finland, Outokumpu is recognized as the largest producer of stainless steel in Europe and the second largest in the Americas, with operations in over 30 countries and a workforce of more than 10,000 employees. The company’s main business areas include Europe, the Americas, and Ferrochrome, reflecting its robust market presence on both sides of the Atlantic and its unique control over its own chromium supply through the Kemi mine in Finland.
Outokumpu’s product range encompasses cold and hot rolled stainless steel coils and sheets, precision strips, quarto plates, specialized components like I-beams, and nickel-based alloys, serving industries such as automotive, construction, energy, heavy industry, and consumer appliances. Sustainability is integral to Outokumpu’s operations, with a focus on low-carbon emissions and using up to 95% recycled steel as raw material, resulting in stainless steel products with significantly reduced carbon footprints compared to industry averages. Outokumpu Oyj plays a critical role in the global materials sector, driving innovation and sustainability in stainless steel manufacturing while maintaining market leadership in its core regions.
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)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Turnover
Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Turnover
Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Turnover
Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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3.9 CCM/CCA - Manufacture of iron and steel
3.9 CCM/CCA - Manufacture of iron and steel
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Opex
Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Opex
Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Opex
Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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3.9 CCM/CCA - Manufacture of iron and steel
3.9 CCM/CCA - Manufacture of iron and steel
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Capex
Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Capex
Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Capex
Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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3.9 CCM/CCA - Manufacture of iron and steel
3.9 CCM/CCA - Manufacture of iron and steel
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Verified Sources Behind Outokumpu’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Outokumpu’s data sources below and access millions more through our Disclosure Search.
Insights into Outokumpu's Revenues from Sustainable Activities
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).a
Outokumpu's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Outokumpu's revenues become more sustainable over time?
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.a, b
How much of Outokumpu's revenue is eligible 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.a
How much of Outokumpu's eligible revenue is aligned with the EU Taxonomy?
In 2024, Outokumpu reported that EUR 5.53 billion of its revenue was aligned under the EU Taxonomy, representing 93% of its total turnover.a
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.
Outokumpu's Eligibility & Alignment Overview
Outokumpu's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Outokumpu's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Outokumpu reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 93%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Outokumpu earn from selling climate-related solutions ?
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 Outokumpuprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Outokumpu's CAPEX from Sustainable 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).a
Outokumpu's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Outokumpu's increased its investment in sustainable activities over time?
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.a, b
How much of Outokumpu's capital expenditure (CAPEX) is eligible 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).a
How much of Outokumpu's eligible CAPEX is aligned with the EU Taxonomy?
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.a
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.
Outokumpu's Eligibility & Alignment Overview
Outokumpu's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Outokumpu's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Outokumpu reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 78%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Outokumpu is investing in climate-related solutions?
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 Outokumpuis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Outokumpu's OPEX from Sustainable Activities
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).a
Outokumpu's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Outokumpu's increased its spending in sustainable activities over time?
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.a, b
How much of Outokumpu's operational expenditure (OPEX) is eligible under the EU Taxonomy?
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).a
How much of Outokumpu's eligible OPEX is aligned with the EU Taxonomy?
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.a
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.
Outokumpu's Eligibility & Alignment Overview
Outokumpu's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Outokumpu's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Outokumpu reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 81%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Outokumpu's operational budget supports climate-related solutions?
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 Outokumpuis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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