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Outokumpu Oyj

Common Name
Outokumpu
Country
Finland
Sector
Basic Materials
Industry
Steel
Employees
8,172
Ticker
OUT1V
Exchange
Nasdaq Helsinki
Description
Outokumpu Oyj is a global leader in sustainable stainless steel manufacturing, headquartered in Helsinki, Finland, with operations spanning more than 30 countries and approximately 10,600 employees. A...

Outokumpu's GHG Emissions Data Preview

In 2025, 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 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
1,027,622a
990,643a
1,013,282b
Total Scope 2
Market-Based
373,505a
364,704a
141,599b
Location-Based
435,773a
448,567a
457,228b
Total Scope 3
2,237,699a
2,347,109a
2,309,430b
Total Scope 1 Revenue Intensity (tCO2e/$M)
159.8539a
160.2118a
131.5169b
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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.

a. Outokumpu's Annual Report 2025
b. Outokumpu's Annual Report 2023

Insights into Outokumpu's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Outokumpu amounted to 1,463,395 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 2024, the total operational greenhouse gas (GHG) emissions of Outokumpu increased by 1.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Outokumpu's Scope 1 Emissions Over Time

202120222023202420250300 k600 k900 k1.2 MtCO2e-13%-3%-2%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Outokumpu's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Outokumpu were 1,027,622 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 14.1%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Outokumpu's Scope 1 emissions increased by 3.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Outokumpu's Scope 2 emissions?

In 2025, Outokumpu reported Scope 2 greenhouse gas (GHG) emissions of 373,505 tCO₂e using the market-based method and 435,773 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 decreased by 25.06%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Outokumpu's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Outokumpu's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Outokumpu use for Scope 2 reporting?

In 2025, 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

202120222023202420250150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Outokumpu's Value Chain Emissions

In 2025, Outokumpu reported 2,237,699 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 2025 disclosure of Outokumpu includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Outokumpu's Scope 3 Emissions Over Time

202120222023202420250800 k1.6 M2.4 M3.2 MtCO2e-14%-15%+2%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Outokumpu's Scope 3 emissions?

In 2025, Outokumpu reported total Scope 3 emissions of 2,237,699 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 94.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.94% 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 29.13%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Outokumpu's Scope 3 emissions remained relatively stable, indicating that Outokumpu's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Outokumpu disclose?

In 2025, Outokumpu reported emissions for 8 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 2025, the largest contributors to Outokumpu's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,666,717 tCO₂e (74.48%)
  • Downstream Transportation and Distribution (Cat. 9): 221,641 tCO₂e (9.9%)
  • Use of Sold Products (Cat. 11): 132,839 tCO₂e (5.94%)

Outokumpu's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(74.5%)Use of Sold Products(Cat. 11)(5.9%)DownstreamTransportation andDistribution(Cat. 9)(9.9%)

Insights into Outokumpu’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Outokumpu reported Scope 1 greenhouse gas (GHG) emissions of 1,027,622 tCO₂e and total revenues of USD 6,429 millions. This translates into an emissions intensity of 159.85 tCO₂e per millions USD.a

Outokumpu's Scope 1 Emissions Intensity Compared to Peers

5,000100,0001,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)5001,0005,00010,00020,000Revenues (Millions of USD)Sansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MCompanhia Siderurgica NacionalYear: 2024Scope 1: 15,213,806 tCO2eRevenue: $M 7,072Scope 1 Intensity: 2,151.40 tCO2e/$MAcerinoxYear: 2025Scope 1: 807,964 tCO2eRevenue: $M 6,796Scope 1 Intensity: 118.89 tCO2e/$MWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MVallourecYear: 2025Scope 1: 783,461 tCO2eRevenue: $M 4,478Scope 1 Intensity: 174.95 tCO2e/$MCSN MineracaoYear: 2024Scope 1: 209,099 tCO2eRevenue: $M 2,670Scope 1 Intensity: 78.31 tCO2e/$MSeverstalYear: 2024Scope 1: 23,030,000 tCO2eRevenue: $M 7,295Scope 1 Intensity: 3,157.06 tCO2e/$MErdemirYear: 2024Scope 1: 17,336,630 tCO2eRevenue: $M 5,770Scope 1 Intensity: 3,004.70 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$MJindal StainlessYear: 2025Scope 1: 2,995,799 tCO2eRevenue: $M 4,587Scope 1 Intensity: 653.13 tCO2e/$MJindal SteelYear: 2025Scope 1: 21,490,000 tCO2eRevenue: $M 5,867Scope 1 Intensity: 3,662.82 tCO2e/$MXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MKloeckner & CoYear: 2025Scope 1: 38,413 tCO2eRevenue: $M 7,501Scope 1 Intensity: 5.12 tCO2e/$MMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MUsiminasYear: 2024Scope 1: 6,828,650 tCO2eRevenue: $M 4,187Scope 1 Intensity: 1,630.73 tCO2e/$MShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 10,485Scope 1 Intensity: 2,367.29 tCO2e/$MWorthington SteelYear: 2025Scope 1: 97,988 tCO2eRevenue: $M 3,093Scope 1 Intensity: 31.68 tCO2e/$MDaido SteelYear: 2024Scope 1: 384,295 tCO2eRevenue: $M 3,820Scope 1 Intensity: 100.59 tCO2e/$MMagnitogorskiy Metallurgicheskiy Kombinat P.A.O.Year: 2024Scope 1: 75,317,053 tCO2eRevenue: $M 6,756Scope 1 Intensity: 11,148.60 tCO2e/$MSimsYear: 2025Scope 1: 75,000 tCO2eRevenue: $M 4,933Scope 1 Intensity: 15.20 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MAperamYear: 2025Scope 1: 820,000 tCO2eRevenue: $M 7,148Scope 1 Intensity: 114.72 tCO2e/$MOutokumpuYear: 2025Scope 1: 1,027,622 tCO2eRevenue: $M 6,429Scope 1 Intensity: 159.85 tCO2e/$M

How does Outokumpu's GHG emissions intensity compare to its peers?

In 2025, Outokumpu reported a Scope 1 emissions intensity of 159.85 tCO₂e per millions USD. Compared to the peer group median of 653.13, 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 2025, Outokumpu ranked 11 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 2025, Outokumpu reported a total carbon footprint of 3,701,094 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.25% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Outokumpu's total carbon footprint was Scope 3 emissions, accounting for 60.46% of the company's total carbon footprint, followed by Scope 1 emissions at 27.77%.a

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