Metso Corporation
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
Scope 1 Emissions:35,147 tCO2e
Scope 2 Emissions:96,563 tCO2e
Scope 3 Emissions:800,161 tCO2e
Renewable Energy Share:0%
Total Energy Consumption:1,482 TJ
Water Consumption:1,319,000 m3
Waste Generated:76,570 tons
ESG Focus Areas
- Building customer success
- Performing together
- Contributing to the environment
- Responsible supply chain
Environmental Achievements
- Water consumption reduced by 3.4%
- Landfill waste decreased to 36% of total waste (from 67% in 2014)
- 51,833 MWh (12.6%) of energy saved since 2010, reducing CO2 emissions by 16,908 tCO2
- Vertimill energy savings of 924,000 MWh and 547,000 tons of CO2 emissions avoided in 2017
- Implemented a closed-loop solution for water use in the rubber plant in Alwar, Rajasthan, India, saving 2.4 million liters of freshwater annually
Social Achievements
- 99.8% of Metso employees completed Code of Conduct training
- 8,000 Indian school children benefited from Metso's cooperation with Plan International
- EUR 1 million donation in Finland to Tampere University of Technology, Aalto University, and the University of Oulu
- Global Net Promoter Score-based initiative for customer experience management rolled out
- A comprehensive, global-level Safety Excellence training program for Metso managers started
Governance Achievements
- Code of Conduct updated
- Metso’s grievance channel opened for all Code of Conduct-related topics, including human rights
- Study conducted among non-Finnish institutional investors showed sustainability is an important investment driver
Climate Goals & Targets
Medium-term Goals:
- Improve energy efficiency by 20% by 2020
Short-term Goals:
- Reduce water usage efficiency by 15% by 2020
- Reduce waste sent to landfill by 15% by 2020 (compared to 2014)
Environmental Challenges
- Limited investment during market decline slowed down energy efficiency actions, lagging original savings goals
Mitigation Strategies
- Revisiting investment plans and updating energy targets in 2018
Supply Chain Management
Supplier Audits: 58 (15 third-party, 43 internal)
Responsible Procurement
- Metso’s Code of Conduct and sustainable development criteria for suppliers
- Sustainability aspects integrated into procurement processes
- Sustainability considered in supplier evaluations
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: ISO 9001, ISO 14001, OHSAS 18001
Third-party Assurance: PricewaterhouseCoopers Oy
UN Sustainable Development Goals
- SDG 4
- SDG 8
- SDG 9
- SDG 12
Metso supports the UN Sustainable Development Goals and many parts of its operations relate to them.
Sustainable Products & Innovation
- Vertimill
- Lokotrack
Awards & Recognition
- Most outstanding international mining supplier in Chile (6th consecutive year)
- American Metal Market's Scrap Equipment Provider of the Year (U.S.)