Outokumpu rated Prime company by oekom corporate rating

OUTOKUMPU OYJ
PRESS RELEASE
19 December 2012 at 9.00 am EET


Outokumpu has for the first time been rated Prime company by oekom research AG, a German research company that evaluates share and bond issuers as sustainable investments. 

Prime rating means that Outokumpu shares and bonds qualify for investments which take ecological and social consideration into account. Outokumpu’s overall grade was B-. oekom research analyses in total some 3 000 large companies. In the metals and mining sector the total of 133 companies were screened, and only 12 were awarded oekom Prime status.

“Sustainability is a corner stone of our business. Stainless steel is timeless and almost maintenance-free, 100% recyclable and strong material that enables a more sustainable future. Outokumpu was included this year previously by Dow Jones Sustainability World Index and Carbon Disclosure Leadership Index. We are extremely pleased that oekom research AG has also recognised our unique track record in sustainability work,” says CEO Mika Seitovirta.

“We are proud to be among the 12 Prime companies in our sector. Outokumpu’s key environmental strengths in rating were high recycled content of products and low carbon intensity combined to high energy efficiency. For social responsibility our  long term safety program and responsible operation of the Kemi mine were separately highlighted. This result confirms that we have focused to right things,” says Tuomas Haikka, VP, Sustainability and Environment.

As a rating agency, oekom research AG serves institutional investors and financial service providers. Its clients currently manage a total volume of EUR 140 billion of investments.

For further information:

Saara Tahvanainen, tel. +358 9 421 3265, mob. + 358 40 589 0223

OUTOKUMPU OYJ

Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 7 000 people in more than 30 countries. The Group’s head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.
www.outokumpu.com