Metso’s greenhouse gas (GHG) emission targets has been approved by the Science Based Targets initiative (SBTi).
The GHG targets are part of Metso’s climate program and are applicable to all relevant emission sources: production, procurement, inbound and outbound transportation and the use of Metso’s products.
The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
The initiative is aimed at promoting science-based target setting and driving down global greenhouse gas emissions. Metso is one of the few corporations in its field to join SBTi in the efforts to prevent global warming.
Metso reduces emissions throughout the product lifecycle. As a scope one and two GHG target, Metso has committed to a 25 per cent reduction in carbon emissions in production by 2030.
This is achievable by investing in renewable energy and improving the energy efficiency of the production processes.
Metso demands sustainability not only of its own production, but also 30 per cent of its suppliers in terms of spend are required to set science-based emission targets by 2024.
By streamlining transportation routes and optimising warehouse locations, Metso aims for a 20 per cent reduction in transportation emissions by 2025 (scope three GHG emissions target).
Through extensive research and development work, Metso has been able to significantly reduce the energy consumption in customer processes.
Metso president and CEO Pekka Vauramo said he was happy about the ratification of the company’s science-based CO2 emissions targets.
“Our climate program is an important step in our goal of reducing greenhouse gas emissions,” he said.
To continue this development, Metso is aiming for a 10 per cent reduction in GHG emissions in the most energy-intensive customer processes through the use of its products by 2025.
“It is also an essential element in Metso being a responsible and trusted partner to our customers,” Vauramo said.
“We aim to improve our customers’ productivity in a sustainable manner, and we involve all our stakeholders in reaching this goal.”
To continue its supportive actions, Metso will also offset flight emissions by 100 per cent by 2021 and continue to find new ways to decrease emissions.
For Metso, scope one emissions are generated from fuels used in production, scope two emissions are generated from the purchased energy and scope three emissions are generated from transportation, procurement, travelling and product use.