Outokumpu recognised as sector leader in environmental sustainability by Down Jones Sustainability Indexes
PRESS RELEASE
16 November 2011 at 9.00 am EET
For the fifth consecutive year Outokumpu has maintained its membership in the Dow Jones Sustainability Indexes (DJSI) - DJSI World and DJSI Europe. In the 2011 review Outokumpu is one of the five best steel companies worldwide included in the DJSI World index.
Outokumpu was particularly recognised for its environmental work and ranked #1 in the whole steel industry on the environmental dimension for the second successive year. Positive feedback was also received in the occupational health and safety category where Outokumpu obtained the highest scores in the industry.
"We are proud to be recognised as a leader in environmental sustainability. The results also highlight our long-term commitment to environmental work, and as an example we have managed to reduce our carbon footprint by 40% since the 1990s, including a 25% reduction in CO2 between 2000 and 2010. We also welcome the recognition for the continuous work we have done in the area of occupational health and safety", says Mika Seitovirta, CEO of Outokumpu.
The DJSI indexes rank leading companies in the area of sustainable development. The annual review is based on a thorough analysis of corporate economic, environmental and social performance. The analysis is carried out each year by an independent assessment party SAM Research AG. DJSI World and DJSI Europe Indexes include 342 and 172 companies respectively.
Outokumpu's commitment in sustainable development is recognised by several independent sustainability ratings and corporate responsibility institutions such as SAM, Carbon Disclosure Leadership Index, ETHIbel, SRI, OMX Sustainability Index and Kempen SRI. Outokumpu was also granted the first International Stainless Steel Forum (ISSF) Sustainability award in May 2011.
For further information please contact:
Tuomas Haikka, VP - Sustainability and Environment, tel. +358 9 421 4241, mobile +358 40 749 4218
Attachments:
Outokumpu Tornio Works photo
Dow Jones Sustainability Index logo
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 8 000 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 |