Our actions to address climate change

The key in our climate change strategy is harnessing our technology for the transition to a low-carbon industry. Policies relating to greenhouse gas emissions in different parts of the world are still evolving and we are following these changes, interacting with policy-makers as well as acting upon them in business development. 

Science-based targets set the scene for our climate work

In 2018, we have committed ourselves to the science-based targets, as part of the global initiative by UN Global Compact, WRI and WWF, to reduce our carbon footprint and further enlarge our handprint. Our target is to reduce absolute scope 1 and scope 2 GHG emissions 13% by 2025 from a 2017 base-year. Outotec also commits to reduce absolute scope 3 GHG emissions 10% by 2025 from a 2017 base-year. With these actions we aim to limit global GHG emissions to a level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures. For Outotec, this means a reduction of GHG emissions of 13% by the year 2025, translating to a yearly reduction of roughly 2%.  

Reduction of energy consumption (GRI 302-4)   

We have a certified ISO 50001 Energy Management system in five locations in Finland and four locations in Germany.To support the achievement of the CO2 reduction targets in our own operations, we aim to reduce our global energy consumption by 1% annually until 2025.  

We purchased 8,639 MWh of CO2-free electricity in 2018 based on renewable hydropower in Finland and Germany. This equals  51% of our electricity consumption and 21% of total energy consumption. We are gradually moving to renewable energy in our major locations in Germany and Finland, excluding the Pori and Frankfurt research centers. 

 

 

Combating climate change with our products and services (GRI 305-5) 

The most significant environmental impact of our business activities materializes through our products and services that indirectly reduce various emissions, including the global carbon dioxide emissions. We measure this positive impact to climate change, our handprint, by the emissions avoided by the metallurgical industry using six Outotec technologies, compared to annual industry baselines.

These technologies are: 

  • Ferrochrome process
  • Copper flash smelting
  • Alumina calcination
  • Ceramic filters
  • Coated titania anodes 
  • TankCell 300 flotation cells 

The emission reductions are directly proportional to energy savings. Our handprint in 2018 was 6.2 million tonnes CO2-e avoided in total. 

GHG emissions avoided using Outotec metals-related technologies, tonnes of CO2e

In technology development, we focus on increasing resource efficiency – aiming to reduce energy and water consumption, emissions, effluents and waste. In 2018, 80% of our R&D projects were related to initiatives targeting sustainability improvements.  Our efforts to mitigate the environmental impacts of our products and services are presented in Sustainable technologies and innovations. 

Digitalization is seen to play a major role in mitigating climate change. We are continuously investing in ICT to utilize the opportunities of digitalization. In 2018, our investments amounted to EUR 21 million, consisting mainly of IT programs and intellectual property rights.  

 

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