Outokumpu Oyj : recognized as an industry leader in the Sustainability Yearbook 2022

Outokumpu recognized as an industry leader in the Sustainability Yearbook 2022

Outokumpu Oyj
News
February 2, 2022

Outokumpu recognized as an industry leader in the Sustainability Yearbook 2022

Outokumpu has been included in the Sustainability Yearbook 2022 indicating a position within the top 15% sustainability performers of the steel industry.

The annual Sustainability Yearbook selects the world's best performing companies in terms of financially material environmental, social and governance (ESG) metrics. The yearbook is based on the Corporate Sustainability Assessment by S&P Global, which identifies companies that are top of their industry in recognizing and responding to emerging sustainability opportunities and challenges.

"We are proud to be recognized for our strong performance in sustainability. This recognition strengthens our position as the sustainability leader within the industry and shows that we are on the right path on our sustainability journey. Last year, we updated our sustainability strategy and climate targets, and we will continue to further strengthen our sustainability in line with our vision of being our customers' first choice in sustainable stainless steel", says Juha Erkkilä, Vice President, Group Sustainability at Outokumpu.

Outokumpu has recently improved its performance in other ESG ratings as well.In the latest Carbon Disclosure Project's (CDP) assessment in 2021, Outokumpu received the second highest B rating for its climate action and upgraded to grade C in CDP's water assessment. Outokumpu has improved its ratings also in MSCI and Sustainalytics ESG ratings.

As the leader in sustainable stainless steel production, sustainability is at the core of Outokumpu. Outokumpu updated its sustainability strategy andclimate targetsin 2021 committing to the Business Ambition for limiting global warming to 1.5°C.

For more information:

Outokumpu media desk, tel. [phone]