Acronyms in the Annual report column mean following sections in the report: AR = Annual review, FS = Financial statements, SR = Sustainability review and CG = Corporate Governance statement.
GRI Index | ||||||
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GRI Standard | Disclosure title | Omission | annual report 2020 | assured | iso 26000 | |
GRI 102: General disclosures | ||||||
Organisational profile | ||||||
102-1 | Name of the organisation | Outokumpu Oyj | 6.2.1.-6.2.3 | |||
102-2 | Activities, brands, products, and services | Outokumpu in brief (AR 4) | 6.2.1 | |||
102-3 | Location of headquarters | Salmisaarenranta 11, 00180 Helsinki, Finland | 6.2 | |||
102-4 | Location of operations | List of operating sites | 6.2 | |||
102-5 | Ownership and legal form | Outokumpu in brief (AR 4), Shares and shareholders (CG 24-25) | 6.2 | |||
102-6 | Markets served | Outokumpu in brief (AR 4), Market environment (AR 10-12) | 6.7.1 | |||
102-7 | Scale of the organization | Key figures 2020 (AR 5) |
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102-8 | Information on employees and other workers |
Our people by region (SR 22), Social key figures (AR 5), Sustainability data tool: Employees; Employees by region; Employee turnover. Significant portion of the organization’s activities are not performed by workers who are not employees. There are no significant variations (such as seasonal variations) to the reported numbers. |
X | |||
102-9 | Supply chain | Sustainable supply chain (SR 14-15) |
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102-10 | Significant changes to the organization and its supply chain |
CEO’s review (AR 6-7), Strategy (AR 8-9), Sustainable supply chain (SR 14-15) | 6.2 | |||
102-11 | Precautionary Principle or approach |
Key risks (CG 19-23) |
6.5 | |||
102-12 | External initiatives |
Sustainability at Outokumpu (SR 2), Outokumpu and society (SR 23-24) |
6.2 | |||
102-13 | Membership of associations |
Outokumpu and society (SR 24) |
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Strategy | ||||||
102-14 | Statement from senior decision-maker | CEO’s review (AR 6-7) |
6.2 | |||
102-15 | Key impacts, risks, and opportunities |
Strategy and vision (AR 8-9), Sustainability at Outokumpu (SR 2), Key risks (CG 19-23) |
6.2 | |||
Ethics and integrity | ||||||
102-16 | Values, principles, standards, and norms of behavior | Sustainability at Outokumpu (SR 2), Outokumpu Ways of Working (SR 19), Code of Conduct, Ethical Statement | ||||
102-17 | Mechanisms for advice and concerns about ethics | Outokumpu and society (SR 24), Review of the Board of Directors, p. 7 | ||||
Governance | ||||||
102-18 | Governance structure | Corporate Governance Statement (CG 13) |
6.2 | |||
Stakeholder engagement | ||||||
102-40 | List of stakeholder groups | Sustainability at Outokumpu (SR 2) | 6.8 | |||
102-41 | Collective bargaining agreements | Personnel (SR 22) |
X | 6.8 | ||
102-42 | Identifying and selecting stakeholders | Sustainability at Outokumpu (SR 2) | ||||
102-43 | Approach to stakeholder engagement | Sustainability at Outokumpu (SR 22); Outokumpu and society (SR 23-24); Shares and shareholders (CG 24-25) |
6.8 | |||
102-44 | Key topics and concerns raised | Sustainability at Outokumpu (SR 2); Personnel (SR 18-22); Outokumpu and society (SR 23-24); Mitigating climate change (SR 4-6); Shares and shareholders (CG 24) | 6.8 | |||
Reporting practice | ||||||
102-45 | Entities included in the consolidated financial statements | Subsidiaries on December 31, 2020 (FS 65) |
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102-46 | Defining report content and topic Boundaries |
Scope of the report (SR 28-29), GRI index |
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102-47 | List of material topics | Sustainability at Outokumpu (SR 2) |
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102-48 | Restatements of information |
N/A | ||||
102-49 | Changes in reporting | Scope of the report (SR 28-29) |
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102-50 | Reporting period |
1 January - 31 December 2020 |
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102-51 | Date of most recent report |
February 2020 |
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102-52 | Reporting cycle | Annually | ||||
102-53 | Contact point for questions regarding the report | [email protected] |
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102-54 | Claims of reporting in accordance with the GRI Standards | Scope of the report (SR 28) | ||||
102-55 | GRI content index | GRI Index | ||||
102-56 | External assurance | Independent Practitioner’s Assurance Report (SR 30) |
7.5.3 | |||
GRI 103: Management approach | ||||||
103-1 | Explanation of the material topic and its Boundary | Sustainability at Outokumpu (SR 2), Sustainability reporting | ||||
103-2 | The management approach and its components |
Sustainability reporting | ||||
103-3 | Evaluation of the management approach |
Sustainability reporting | 6.8 | |||
GRI 200: Economic standards | ||||||
201-1 | Direct economic value generated and distributed |
Outokumpu and society (SR 23); Sustainability data tool: Society | X | |||
201-2 | Financial implications and other risks and opportunities due to climate change |
Quantitative financial implications are not published. | Protecting the climate with stainless steel (SR 4-6); Report of the Board of Directors (FS 5-7, 8-9) |
X | ||
203-2 | Significant indirect economic impacts |
In 2020, the focus on significant social impact was on COVID-19 |
Sustainable supply chain (SR 14-15); Outokumpu and society (SR 23-24); Sustainability data tool: Society |
X | ||
204-1 | Proportion of spending on local suppliers |
Sustainable supply chain (SR 14-15) |
X | |||
205-2 | Communication and training on anti-corruption policies and procedures |
Total numbers are not reported by region, as the information is not available. | Outokumpu and society (SR 23-24) |
X | ||
206-1 | Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
Non-financial information (FS 7), Significant legal proceedings (FS 9) |
X | |||
GRI 300: Environmental standards | ||||||
301-2 | Recycled input materials used | We operate at the heart of the circular economy (SR 9-10) | X | 6.5 | ||
302-1 | Energy consumption within the organization |
Focus on energy efficiency (SR 7-8), Scope of the report (SR 28-29), Sustainable performance in 2020 (SR 3) |
X | 6.5 | ||
302-3 | Energy intensity |
Focus on energy efficiency (SR 7-8), Report of the Board of Directors (FS 7), Sustainability data tool: Resources | X | 6.5 | ||
303-1 | Interactions with water as a shared resource |
Reducing our impact on the environment (SR 12-13) | X | 6.5 | ||
303-2 | Management of water discharge-related impacts |
Reducing our impact on the environment (SR 12-13) | X | 6.5 | ||
303-3 | Water withdrawal |
Reducing our impact on the environment (SR 12-13); Scope of the report (SR29); Sustainability data tool |
X | 6.5 | ||
303-4 | Water discharge |
Reducing our impact on the environment (SR 12-13). The discharge is measured and supervised by authorities. Sustainability data tool |
X | 6.5 | ||
304-1 | Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 | ||
305-1 | Direct (Scope 1) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change | X | 6.5 | ||
305-2 | Energy indirect (Scope 2) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change | X | 6.5 | ||
305-3 | Other indirect (Scope 3) GHG emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | |||
305-4 | GHG emissions intensity |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 | ||
305-7 | Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Emissions and water | X | 6.5 | ||
306-3 | Waste generated |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
306-4 | Waste diverted from disposal |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
306-5 | Waste directed to disposal |
We operate at the heart of the circular economy (SR 9-10), Sustainability data tool: Resources |
X | 6.5 | ||
307-1 | Non-compliance with environmental laws and regulations |
No incidents of non-compliance with environmental laws and regulations (SR 3, SR 7) |
X | 6.5 | ||
308-1 | Percentage of new suppliers that were screened using environmental criteria |
Percentage of new suppliers being screened is not reported |
Sustainable supply chain (SR 14-15) |
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GRI 400: Social standards | ||||||
401-1 | New employee hires and employee turnover | Sustainability data tool: Employee turnover: | X | |||
403-9 | Work related injuries |
We operate safely, always (SR 16-17) |
X |
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404-2 | Programs for upgrading employee skills and transition assistance programs |
Our people (SR 18-22) |
X |
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405-1 | Diversity of governance bodies and employees |
Information on governance bodies by age groups is not reported. BoD not reported by age group as not reasonable. Employess not reported by employee category. | Non-financial information (FS 7), Corporate Governance Statement (CG 7); Sustainability data tool: Employees |
X |
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413-2 | Operations with significant actual and potential negative impacts on local communities |
Environmental and social impact are being investigated |
Reducing our impact on the environment (SR 11-13); Outokumpu and society (SR 23-24); Impact on society |
X | ||
414-1 | New suppliers that were screened using social criteria |
Percentage of new suppliers being screened is not reported |
Sustainable supply chain (SR 14-15) |
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415-1 | Political contributions |
Outokumpu does not make any donations to political parties or groups, see Code of Conduct |
X |
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416-2 | Incidents of non-compliance concerning the health and safety impacts of products and services |
No incidents of non-compliance, Significant legal proceedings (FS 9), Disputes and litigations (FS 63); Product safety |
X |
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419-1 | Non-compliance with laws and regulations in the social and economic area |
No issues of non-compliance with laws and regulations in the social and economic area. Significant legal proceedings (FS 9), Disputes and litigations (FS 63) |
X |
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Company's own indicators | ||||||
1 | Recycled content and recycled (steel) content acc. ISO 14021 | We operate at the heart of the circular economy (SR 9-10) |
X | 6.5 | ||
2 | Energy efficiency |
Focus on energy efficiency (SR 7-8), Review by the Board of Directors (FS 7), Sustainability data tool: Resources |
X | 6.5 | ||
3 | Science Based Target |
Protecting the climate with stainless steel (SR 4-6), Sustainability data tool: Climate change |
X | 6.5 |
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