Below is the most recent GRI Index, which was published in connection with the latest Annual report 2021, which also includes Sustainability review, in March 2022. The table guides you on where in the Annual report and outokumpu.com you will find more information.
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 2021 | 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), Investors and shareholders (SR 33-35) | 6.2 | |||
102-6 | Markets served | Outokumpu in brief (AR 4), Market environment (AR 12-15) | 6.7.1 | |||
102-7 | Scale of the organization | Key figures 2021 (AR 5) |
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102-8 | Information on employees and other workers |
Our people by region (SR 29), 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 18-21) |
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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 18-21) | 6.2 | |||
102-11 | Precautionary Principle or approach |
Key risks (CG 22-24) |
6.5 | |||
102-12 | External initiatives |
Sustainability at Outokumpu (SR 2-4), Stakeholder engagement (SR 31-36) |
6.2 | |||
102-13 | Membership of associations |
Stakeholder engagement (SR 33) |
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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 2-4), Key risks (CG 22-24) |
6.2 | |||
Ethics and integrity | ||||||
102-16 | Values, principles, standards, and norms of behavior | Sustainability at Outokumpu (SR 2-4), Outokumpu Ways of Working (SR 26), Code of Conduct | ||||
102-17 | Mechanisms for advice and concerns about ethics | Ethics and compliance (SR 37), Review of the Board of Directors (FS 9) | ||||
Governance | ||||||
102-18 | Governance structure | Corporate Governance Statement (CG 2-16) |
6.2 | |||
Stakeholder engagement | ||||||
102-40 | List of stakeholder groups | Sustainability at Outokumpu (SR 2-4) | 6.8 | |||
102-41 | Collective bargaining agreements | Our people (SR 30) | X | 6.8 | ||
102-42 | Identifying and selecting stakeholders | Sustainability at Outokumpu (SR 2-4) | ||||
102-43 | Approach to stakeholder engagement | Sustainability at Outokumpu (SR 2-4); Stakeholder engagement (SR 31-36) | 6.8 | |||
102-44 | Key topics and concerns raised | Sustainability at Outokumpu (SR 2-4); Our people (SR 25-30); Stakeholder engagement (SR 31-36) | 6.8 | |||
Reporting practice | ||||||
102-45 | Entities included in the consolidated financial statements | Subsidiaries on December 31, 2021 (FS 75) | ||||
102-46 | Defining report content and topic Boundaries |
Scope of the report (SR 39-40), GRI index |
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102-47 | List of material topics | Sustainability at Outokumpu (SR 2-4) |
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102-48 | Restatements of information |
N/A | ||||
102-49 | Changes in reporting | Scope of the report (SR 41-41) |
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102-50 | Reporting period |
1 January - 31 December 2021 |
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102-51 | Date of most recent report |
February 2021 |
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102-52 | Reporting cycle | Annually | ||||
102-53 | Contact point for questions regarding the report | corporate.comms@outokumpu.com |
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102-54 | Claims of reporting in accordance with the GRI Standards | Scope of the report (SR 41-42) | ||||
102-55 | GRI content index | GRI Index | ||||
102-56 | External assurance | Independent Practitioner’s Assurance Report (SR 43-44) |
7.5.3 | |||
GRI 103: Management approach | ||||||
103-1 | Explanation of the material topic and its Boundary | Sustainability at Outokumpu (SR 2-4), 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 |
Value creation (AR 11); Sustainability data tool: Society | X | |||
201-2 | Financial implications and other risks and opportunities due to climate change |
Quantitative financial implications and cost of actions are not published. | Climate (SR 6-10); Report of the Board of Directors (FS 6-10) |
X | ||
203-2 | Significant indirect economic impacts |
Significant indirect economic impacts are further developed |
Sustainable supply chain (SR 18-21); Value creation (AR 11); Sustainability data tool: Society |
X | ||
204-1 | Proportion of spending on local suppliers |
Sustainable supply chain (SR 18-12) |
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. | Ethics and compliance (SR 37) |
X | ||
206-1 | Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
Non-financial information (FS 6-10), Significant legal proceedings (FS 12) | X | |||
GRI 300: Environmental standards | ||||||
301-1 | Materials used by weight or volumes | Sustainability data tool: Resources - Materials used | ||||
302-1 | Energy consumption within the organization |
Energy efficiency (SR 11-12), Scope of the report (SR 41-42), Sustainable performance in 2021 (SR 5) |
X | 6.5 | ||
302-3 | Energy intensity |
Energy efficiency (SR 11-12), Report of the Board of Directors (FS 7-8), Sustainability data tool: Resources | X | 6.5 | ||
303-1 | Interactions with water as a shared resource |
Impact on the environment (SR 15-17) | X | 6.5 | ||
303-2 | Management of water discharge-related impacts |
Impact on the environment (SR 15-17) | X | 6.5 | ||
303-3 | Water withdrawal |
Impact on the environment (SR 15-17); Scope of the report (SR 41-41); Sustainability data tool |
X | 6.5 | ||
303-4 | Water discharge |
Impact on the environment (SR 15-17). 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 |
Impact on the environment (SR 15-17); Biodiversity |
6.5 | |||
305-1 | Direct (Scope 1) GHG emissions |
Climate (SR 6-10), Sustainability data tool: Climate change | X | 6.5 | ||
305-2 | Energy indirect (Scope 2) GHG emissions |
Climate (SR 6-10), Sustainability data tool: Climate change | X | 6.5 | ||
305-3 | Other indirect (Scope 3) GHG emissions |
Climate (SR 6-10), Sustainability data tool: Climate change |
X | |||
305-4 | GHG emissions intensity |
Climate (SR 6-10), Sustainability data tool: Climate change |
X | 6.5 | ||
305-7 | Climate (SR 6-10), Sustainability data tool: Emissions and water | X | 6.5 | |||
306-1 | Waste generation and significant waste related impacts | Waste and by-products | ||||
306-3 | Waste generated |
Circular economy (SR 13-14), Sustainability data tool: Resources |
X | 6.5 | ||
306-4 | Waste diverted from disposal |
Details on onsite and offsite informations are in development | Circular economy (SR 13-14), Sustainability data tool: Resources |
X | 6.5 | |
306-5 | Waste directed to disposal |
Details on onsite and offsite informations are in development | Circular economy (SR 13-14), Sustainability data tool: Resources |
X | 6.5 | |
307-1 | Non-compliance with environmental laws and regulations |
Impact on the environment (SR 15-17) | X | 6.5 | ||
308-1 | New suppliers that were screened using environmental criteria | Percentage of new suppliers being screened is not reported |
Sustainable supply chain (SR 18-21) |
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GRI 400: Social standards | ||||||
401-1 | New employee hires and employee turnover | Sustainability data tool: Employee turnover: | X | |||
403-1 | Occupational health and safety management system | Safety (SR 23-24) | ||||
403-2 | Hazard indentification, risk assessment, and incident investigation | Safety (SR 23-24) | ||||
403-4 | Worker participation, consultation, and communication on occupational health and safety | Safety (SR 23-24) | ||||
403-5 | Worker training on occupational health and safety | Safety (SR 23-24) | ||||
403-8 | Workers covered by an occupational health and safety management system | Safety (SR 23-24) | ||||
403-9 | Work related injuries |
Working hours are not published | Safety (SR 23-24) |
X |
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404-1 | Average hours of training per year and per employee | Our people (SR 29). Details of gender and employee category not available. | ||||
404-2 | Programs for upgrading employee skills and transition assistance programs |
Our people (SR 30) |
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404-3 | Percentage of employees receiving regular performance and career development reviews | Our people (SR 29). Details of gender and employee category not available. | ||||
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. Other indicators of diversity are not reported. |
Non-financial information (FS 9), Corporate Governance Statement (CG 3-8); Sustainability data tool: Employees |
X |
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405-2 | Ratio of basic salary and remuneration of women to men | Salaries not reported. | ||||
406-1 | Incidents of discrimination and corrective actions taken | Non-financial information (FS 9), Corporate Governance statement (CG 17) | ||||
407-1 | Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk | Supply chain (SR 18-21), no risk within own operations | ||||
408-1 | Operations and suppliers at significant risk of incident of child labour | Supply chain (SR 18-21), no risk within own operations | ||||
409-1 | Operations and suppliers at significant risk of forced and compulsary labor | Supply chain (SR 18-21), no risk within own operations | ||||
411-1 | Incidents of violation involving rights of indigenous people | Supply chain (SR 18-21) | ||||
412-2 | Employee training on human rights policies and procedures | Ethics and compliance (SR 37) | ||||
412-3 | Significant investment agreements and contracts that include human rights clause or that underwent human rights screening | No significant investment agreements and contracts that include human rights clause or that underwent human rights screening. | ||||
413-2 | Operations with significant actual and potential negative impacts on local communities |
Environmental and social impact are being investigated |
Impact on the environment (SR 15-17); Stakeholder engagement (SR 31-36); 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 18-21) |
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414-2 | Negative social impacts in the supply chain and actions taken | Supply chain (SR 18-21) | ||||
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 12), Disputes and litigations (FS 74); Product safety |
X |
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418-1 | Substantiated complaints concerning breaches of customer privacy and losses of customer data | No incidents of substantiated complaints concerning breaches of customer privacy and losses of customer data. | ||||
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 12), Disputes and litigations (FS 74) |
X |
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Company's own indicators | ||||||
1 | Recycled content and recycled (steel) content acc. ISO 14021 | Circular economy (SR 13-14) |
X | 6.5 | ||
2 | Energy efficiency |
Energy efficiency (SR 11-12), Review by the Board of Directors (FS 6-10), Sustainability data tool: Resources |
X | 6.5 | ||
3 | Science Based Target |
Climate (SR 6-10), Sustainability data tool: Climate change |
X | 6.5 | ||
4 | Slag use rate | Non-financial information (FS 6-10); Circular Economy (SR 13-14) | X | 6.6 |