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Annual Report 2010 - Outokumpu

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efficient than average, and the Group's 430 ferritic grade performed well compared to the average. Data on <strong>Outokumpu</strong>'s<br />

ferritic products was updated using 2009 information as ferritic production within the Group had only just begun when the<br />

LCI study began.<br />

<strong>Outokumpu</strong> has also been an active participant in the Swedish Steel Eco-Cycle research project, the Swedish steel<br />

industry's first extensive and coherent research effort with an environmental focus. Improvements are being sought at all<br />

stages in the steel life-cycle, from mining through the manufacture of steel products to recycling. The project is currently<br />

in its second phase (2009–2012).<br />

<strong>Outokumpu</strong>'s Energy & low-carbon programme<br />

The Group's long-term efforts and results achieved in the field of energy and material efficiency, R&D and product<br />

stewardship have reinforced our leadership position and provide a solid base for progress towards a low-carbon society.<br />

The <strong>Outokumpu</strong> Energy and low-carbon programme, published at the beginning of <strong>2010</strong> defines both the Group's<br />

ambitious targets and the actions required to reach them. In the last ten years, <strong>Outokumpu</strong> has reduced the Group's<br />

direct carbon dioxide (CO 2 ) emissions by 25% per tonne of stainless steel produced. <strong>Outokumpu</strong>'s target is a 20%<br />

reduction in the Group's specific carbon emissions profile (direct and indirect emissions) in stainless steel production by<br />

2020.<br />

Read more about risks related to climate change.<br />

<strong>Outokumpu</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong> – Business – Climate change

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