Outokumpu Oyj is a Finnish company that operates in the specialty metals sector. The company was founded in 1932 and has since grown to become one of the world's leading producers of stainless steel. Outokumpu is committed to sustainability and has made significant efforts to reduce its carbon footprint through decarbonisation initiatives, corporate energy programs, and renewable energy investments.

Decarbonisation is a key focus area for Outokumpu. The company has set ambitious targets to reduce its carbon emissions and has implemented a range of measures to achieve these goals. These include improving energy efficiency, reducing waste, and transitioning to low-carbon energy sources. Outokumpu has also invested in research and development to develop new, more sustainable production methods.

One of the ways that Outokumpu is working to reduce its carbon footprint is through its corporate energy program. The company has implemented a range of energy-saving measures across its operations, including the use of energy-efficient equipment and the optimization of production processes. Outokumpu has also invested in energy management systems to monitor and control energy use, helping to identify areas where further improvements can be made.

Another key initiative for Outokumpu is the use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs allow companies to purchase electricity directly from renewable energy generators, helping to reduce their reliance on fossil fuels and support the growth of renewable energy. Outokumpu has signed several PPAs with wind and solar power producers, enabling the company to source a significant portion of its electricity from renewable sources.

In addition to sourcing renewable energy through PPAs, Outokumpu has also invested in renewable energy projects. The company has built several wind turbines at its production sites, generating clean energy to power its operations. Outokumpu has also invested in solar power, installing solar panels on the roofs of its buildings to generate electricity.

Outokumpu's commitment to sustainability extends beyond its own operations. The company is actively working to promote sustainable practices across the entire value chain, from raw material sourcing to product design and end-of-life recycling. Outokumpu has developed a range of sustainable stainless steel products, including recycled and low-carbon options, helping its customers to reduce their environmental impact.

Overall, Outokumpu Oyj is a leading player in the specialty metals sector, with a strong commitment to sustainability and decarbonisation. The company has implemented a range of initiatives to reduce its carbon footprint, including corporate energy programs, renewable energy investments, and the use of corporate PPAs. Outokumpu's focus on sustainability extends beyond its own operations, with the company working to promote sustainable practices across the entire value chain. Through its efforts, Outokumpu is helping to drive the transition to a more sustainable, low-carbon economy.