Outokumpu joins ResponsibleSteel™
ResponsibleSteel welcomes new member Outokumpu, a global stainless steel manufacturer, employing over 10,000 people in more than 30 countries, with headquarters in Helsinki. Outokumpu supplies customers in the building and infrastructure, automotive and transportation, energy and heavy industry, and appliance industries.
Stainless steel is 100% recyclable, with its quality preserved in the process. It is the most recycled material in the world. In fact, Outokumpu sees stainless steel at the heart of a circular economy. Outokumpu’s stainless steel contains the highest proportion of recycled content on the market (87%), which enables its customers to decrease their carbon footprint, and also that of their own customers.
Increased urbanisation and population growth means there is a growing demand for stainless steel, for example in building infrastructure, elevators, washing machines and sinks, as well transporting people and goods in cars and trains.
Outokumpu especially recognises the need for a sustainability standard for customers to use when selecting stainless steel suppliers, and when communicating about the carbon footprint and other sustainability aspects of their products.
Kari Tuutti, President of Long Products and Head of Group Sustainability, Outokumpu, said: “We are very excited to join ResponsibleSteel. During the past 15 years, we have been investing heavily in the sustainability of our stainless steel and our production. We’re happy to support the creation of a standardised industry approach that will help steel users to evaluate the sustainability of various producers through an impartial standards body. We’re confident that ResponsibleSteel will become a globally recognised standard for the steel industry in the coming years.”
Matthew Wenban-Smith, Executive Director, ResponsibleSteel, said: “We are thrilled to welcome Outokumpu as a member of ResponsibleSteel, with its reputation of leading the market in recycled content. With the huge growth predicted in demand, responsibly produced stainless steel will be a major component of steel’s contribution to a sustainable society.”
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