Grundfos and Outokumpu in green steel partnership

Grundfos is reinforcing its commitment to decarbonising its supply chain and reaching net zero, by partnering with Finland’s Outokumpu, a global leader in sustainable stainless steel.

Outokumpu Circle Green stainless steel is produced with a carbon footprint that is up to 93% lower than the global industry average, achieved through the company’s advanced recycling and production processes. The low-emission steel is used in Grundfos’ energy-efficient and water-saving pumping solutions, and already this year approximately 90% of the steel used in Grundfos’ production will be Outokumpu Circle Green stainless steel.

“Grundfos actively seeks partners who share our commitment to sustainability and climate resiliency to make an even bigger impact in solving the world’s water and climate challenges,” said Grundfos chief operating officer Ulrik Gernow. “Our goal is to decarbonise our supply chain and switching to ‘green steel’ is an important and tangible activity in our supply chain decarbonisation program. It will not only contribute to lowering our own carbon footprint but also help our customers lower theirs as well.”

Jörg Müller, head of sales for Stainless Europe at Outokumpu, said: “Europe needs frontrunner companies throughout the value chain to drive the green transition forward. With our long-term customer Grundfos, we share the same ambition and commitment to Science-Based Targets and decarbonisation goals, and we are happy to support their next step in sustainability – to significantly reduce emissions from the company’s entire supply chain and solutions.”

In 2022, Grundfos received full validation of its 2050 net-zero target from the Science-Based Targets initiative (SBTi). The company has reduced CO2 emissions by 24% since 2020.