Outokumpu commended for climate change disclosure

OUTOKUMPU'A' : Outokumpu commended for climate change disclosure

New Delhi October 23, 2010 Outokumpu has been commended by the Carbon Disclosure Project (CDP), which represents 534 institutional investors with $64 trillion in assets under management, for its approach to climate change disclosure.

For the second time Outokumpu is featured in CDP's "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual Nordic 200 Report, highlights the constituent companies within the Nordic stock exchanges, which have displayed the most professional approach to corporate governance in respect of climate change disclosure practices. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company. Outokumpu was given a score of 86/100.

The index, compiled by Jönköpings International Business School (Jibs) on behalf of CDP provides an evaluation tool for institutional investors. In 2010, it comprises 20 constituents of the Nordic 200 Index based on analysis of the responses to CDP's 2010 questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.

"Inclusion in the Carbon Disclosure Leadership Index is a welcome recognition for our corporate governance in respect of climate change. We take seriously these issues and want to do our share in the shift towards a low-carbon society - especially by focusing on energy efficiency," said Juha Rantanen, CEO of Outokumpu Oyj.

Paul Dickinson, Chief Executive of the Carbon Disclosure Project, commented: "The Carbon Disclosure Leadership Index recognizes companies that demonstrate good internal data management practices for understanding greenhouse gas emissions, including energy use. Companies that make this index have also demonstrated clear consideration of how climate change is and will impact their business. As companies' understanding of climate change issues grows, they are better placed to take positive action to manage and mitigate its risks."

The Nordic 200 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net:http://www.cdproject.net/.

For more information please contact: Yatinder Pal Singh SuriCountry HeadOutokumpu India Private Limited609-612 , Hemkunt TowerNehru PlaceNew Delhi - 110019. INDIATel : +91 11 46518440, 41Fax : +91 11 46518439Dir : +91 11 46518444Mob : +91 98181 20952www.outokumpu.com

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 7 500 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:http://www.outokumpu.com/


The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Thousands of organizations across the world's largest economies now measure and disclose their greenhouse gas emissions and climate change strategies through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 534 institutional investors, with combined assets under management in excess of $64 trillion, as well as purchasing organizations and government bodies and made available for integration into business and policy decision making. www.cdproject.net:http://www.cdproject.net/

700 Consulting engineers to attend FIDIC 2010 in New Delhi from September 19

International Federation of Consulting Engineers (FIDIC)Consulting Engineers Association of India
Vigyan Bhawan, New Delhi; 19 - 22 September 2010 contact V.K.Arora 9811153833
PRESS RELEASE

700 CONSULTING ENGINEERS TO ATTEND FIDIC 2010 CONFERENCE BEING HELD IN INDIA FOR THE FIRST TIME

UNION STEEL MINISTER VIRBHADRA SINGH TO INAUGURATE THE CONFERENCE WITH THE THEME OF THE CONFERENCE “MANAGING INNOVATION - THE WAY FORWARD”

New Delhi September 17, 2010 About 700 global experts representing consulting engineering industry, architects, various government departments, infrastructure companies and funding agencies will take part in the Four day International Federation of Consulting Engineers (FIDIC 2010) to begin from September 19-22, 2010, at Vigyan Bhawan, New Delhi .

Union Minister of Steel Virbhadra Singh will inaugurate the conference .

FIDIC, the International Federation of Consulting Engineers (the acronym stands for the French version of the name) represents globally the consulting engineering industry which helps in field of Land Surveys of Highway & Bridges, Hydroelectric projects, Irrigation projects, Defence , gas and power projects, industrial projects, Public health, Project Management, Highway Geometric Designs, Design of Bridges & Culverts. As such, the Federation promotes the business interest of firms supplying technology-based intellectual services for the construction related industry. Founded in 1913, FIDIC today has some 1 million professionals as members worldwide.

FIDIC contract form is widely used world wide for construction contracts and undertakings and is an internationally accepted document as "General Conditions of Contract (GCC)". All World bank funded construction projects as well as other international funding agencies are based on FIDIC drafted contract conditions. Even in India NHAI and other World bank and ADB bank contracts use FIDIC conditions .
“The global experts from more than 70 countries attending the Conference with the theme “Managing Innovation - The Way Forward” will address and explore the role of consulting engineers in the delivery of sustainable solutions to global challenges related to climate change, increasing demand for energy, investment in infrastructure in emerging economies and mass urbanization. The international speakers will also discuss and debate how to manage innovations in the way consultancy services are provided worldwide,”, said Mr K K Kapila, Chairman, Consulting Engineers Association of India (CEAI).

“Plenary sessions, business seminars and workshops over three days will address how the consulting engineering industry is responding to the need for innovation: how organizations are handling the consequences of innovation, and the tools being developed to ensure that innovation is managed correctly at all levels; from the project level, through to firms and organizations, up to the industry level and society as a whole.” He added.

“The major speakers at the conference will be Mr Gregs Thomopulos, President, FIDIC, Mr A K Purwaha, CMD, EIL, Mr Rakesh Chopra, Member Railway Board, Mr Chris Cole, CEO, WSP, Harrie Noy, CEO, Arcadis, Netherlands, Peter J. Kahn, V.P., Poyry, Mr B K Chugh, DG (Works), CPWD, Mr Geoff French, CEO, Scott Wilson, UK, and incoming President of FIDIC and several other outstanding experts. They will deliberate upon how consulting engineers and their partners are responding to the need for innovation,” Mr Kapila added.

”The other subjects that will be discussed will include Drivers of Innovation, Latest in Project Finance, Challenges of Climate Change, Framework for Project Innovation, Development with Sustainability. The main aim of the Conference is to identify and plan actions needed to position the consultancy and engineering industry as leaders to provide viable and effective solutions to make the world a better living place” Mr Kapila said .

Media Relations contact V.K.Arora 9811153833

.