Outokumpu Oyj
Outokumpu's GHG Emissions Data Preview
In 2024, Outokumpu completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Outokumpu has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Verified Sources Behind Outokumpu’s Greenhouse Gas (GHG) Emissions 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 Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Outokumpu amounted to 1,530,917 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Outokumpu increased by 4.11%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Outokumpu's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Outokumpu's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Outokumpu were 990,643 metric tons of CO₂ equivalent (tCO₂e).a
Has Outokumpu reduced its Scope 1 emissions over time?
Since 2021, Outokumpu's Scope 1 emissions have decreased by 17.2%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Outokumpu's Scope 1 emissions decreased by 2.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Outokumpu's Scope 2 emissions?
In 2024, Outokumpu reported Scope 2 greenhouse gas (GHG) emissions of 364,704 tCO₂e using the market-based method and 540,274 tCO₂e using the location-based method.a
Has Outokumpu reduced its Scope 2 emissions over time?
Since 2021, Outokumpu's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Outokumpu's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), Outokumpu's Scope 2 emissions (Location-Based) rose by 18.16% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Outokumpu use for Scope 2 reporting?
In 2024, Outokumpu reported its Scope 2 emissions using the market-based method and using the location-based method.a
Outokumpu's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Outokumpu's Value Chain Emissions
In 2024, Outokumpu reported 2,347,109 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Outokumpu includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Outokumpu's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Outokumpu's Scope 3 emissions?
In 2024, Outokumpu reported total Scope 3 emissions of 2,347,109 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 93.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.26% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Outokumpu reduced its Scope 3 emissions over time?
Since 2021, Outokumpu's Scope 3 emissions have decreased by 25.67%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Outokumpu's Scope 3 emissions remained relatively stable, indicating that Outokumpu's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Outokumpu disclose?
In 2024, Outokumpu reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Outokumpu's Scope 3 emissions?
In 2024, the largest contributors to Outokumpu's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,843,340 tCO₂e (78.54%)
- Downstream Transportation and Distribution (Cat. 9): 218,934 tCO₂e (9.33%)
- Use of Sold Products (Cat. 11): 146,917 tCO₂e (6.26%)
Outokumpu's Scope 3 Emissions by Categories
Insights into Outokumpu’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Outokumpu reported Scope 1 greenhouse gas (GHG) emissions of 990,643 tCO₂e and total revenues of USD 6,183 millions. This translates into an emissions intensity of 160.21 tCO₂e per millions USD.a
Outokumpu's Scope 1 Emissions Intensity Compared to Peers
How does Outokumpu's GHG emissions intensity compare to its peers?
In 2024, Outokumpu reported a Scope 1 emissions intensity of 160.21 tCO₂e per millions USD. Compared to the peer group median of 845.59, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Outokumpu rank on GHG emissions intensity within its industry?
In 2024, Outokumpu ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Outokumpu is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Outokumpu's Total Carbon Footprint
In 2024, Outokumpu reported a total carbon footprint of 3,878,026 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Outokumpu's total carbon footprint was Scope 3 emissions, accounting for 60.52% of the company's total carbon footprint, followed by Scope 1 emissions at 25.55%.a