Outokumpu publishes environmental product declarations (EPD) for its main stainless steel products
Outokumpu Oyj
Press release
November 26, 2019 at 12.15 pm EET
Outokumpu publishes environmental product declarations (EPD) for its main stainless steel products
Outokumpu has reinforced its drive for sustainability by becoming the world’s first stainless steel manufacturer to publish environmental product declarations (EPDs) covering its portfolio of stainless steel grades. These EPDs are independently verified by the Institut Bauen und Umwelt (IBU), a German association that is specialised in validating EPDs and tracking sustainability performance for construction materials. The declarations cover four product groups: cold rolled stainless steel, hot rolled stainless steel, long products and rebar.
The EPDs describe the main environmental effects – including carbon footprint – and energy needs of stainless steel grades throughout their supply chain. With the EDPs, Outokumpu’s customers can now calculate the sustainability performance of the stainless steel they are using over their own product’s life cycle. The use of EPDs is also rewarded in certain green building schemes in the construction industry.
Kari Tuutti, President, Outokumpu Business Area Long Products and Head of Group Sustainability, said: “Outokumpu has a strong legacy in sustainability. The recycled content of our products is more than 85 percent and the CO2 emissions of our manufacturing operations are around five times lower than those of Asian competitors producing stainless steel. With these EPDs, we are raising the bar by providing quantitative and verified information on the environmental impact of our stainless steel.”
There is a strong need for sustainable and long-lasting solutions that use the world’s natural resources sparingly. Outokumpu responds to this need with stainless steel – a material with superior durability, longevity and recyclability. With the choice of the right steel grade, customers benefit from increased efficiency and profitability as well as maximizing the durability of an application and lowering its life cycle costs. Stainless steel is essential for numerous customer solutions that enable clean energy, water, transportation and industrial production.
Learn more about Outokumpu’s approach to sustainability here: https://www.outokumpu.com/sustainability
Kari Tuutti, President, Outokumpu Business Area Long Products and Head of Group Sustainability
For more information:
Corporate Communications, tel. +358 9 421 3840
Outokumpu Oyj
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com
