Governance
We are a financially stable, locally significant employer committed to providing employment in Finland. Our key themes in governance and financial responsibility focus on cybersecurity, business ethics, and profitability and financial stability.
Our sustainability program is based on our group’s ethical guidelines, which were formalized in written form in 2023. The aim of our ethical guidelines is to ensure that everyone working within our company has a shared understanding of the principles guiding our work. The main points of the guidelines are:
- We comply with the law and act with honesty.
- We respect human rights.
- We promote occupational safety and well-being.
- We handle data and assets carefully.
- We do not offer or accept bribes.
- We care for the environment.
- We communicate openly and constructively.
- We aim for continuous improvement.
Our company’s ownership strategy defines financial profitability targets. Efficient and profitable operations, along with investment capability, are essential for the continuity of our business. Our company has systematically invested approximately 18 million euros in machinery, equipment, and systems over the past 20 operational years.
Financial Figures 2023
Outokummun Metalli Oy’s revenue in 2023 was €20.3 million. The operating profit was €0.4 million (2%). The equity ratio was 89.9%.
Our most recent investment program for the years 2022-2023 totaled €4.5 million, encompassing several investments in the development of manufacturing methods, product quality, and production capacity.
Turnover
20,3 milj. euroa
Equity ratio
89,9 %
Outokummun Metalli’s Reporting Channel
We have a so-called whistleblowing reporting channel through which anyone from our personnel or stakeholders can confidentially report any incidents where we may have acted contrary to the law, regulatory requirements, our operational guidelines, or our ethical principles. Reports can be made anonymously via the link below.
Sustainability work at Outokummun Metalli
In 2023, we decided to integrate the development of ESG themes (environmental, social, governance) more systematically into our company’s daily operations. We have identified key focus areas and are building a sustainability program along with related goals and reporting practices during the years 2024-2025.
The requirements for sustainability reporting are tightening, particularly with the EU:s Corporate Sustainability Reporting Directive. Outokummun Metalli is not subject to official reporting requirements, but we want to proactively develop our sustainability activities. We will also update this website as the ESG program work progresses.