Overview
- Location
Finland
- Sector
Capital goods
- Organisation type
- Business
Company Information
Valmet develops and supplies competitive process technology, services and automation for the pulp, paper and energy industries. It is publicly listed and headquartered in Espoo, Finland. In 2021, the company reported a total of 14,163 employees in over 30 countries and a net sales revenue of 3.9 billion Euro*
Our progress towards decarbonization
GHG Emissions
North Star
- Valmet has a target to reduce absolute scope 3 CO2e emissions 20% by 2030 from a base year of 2019. Valmet has a target to reduce absolute scope 3 CO2e emissions 30% by 2030 from a base year of 2019. Valmet has a target to reduce absolute scope 3 CO2e emissions 60% by 2030 from a base year of 2019
Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Have an internal price on carbon
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022
Governance & Strategy
North Star
- Valmet have a publicly available 1.5°C aligned low-carbon transition plan
Pledge: Have a publicly available 1.5°C aligned low-carbon transition plan
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have board-level oversight of climate-related issues
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022
Buildings
Our actions – the Pathway
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022
Value chain engagement
Our actions – the Pathway
- Have an ongoing and transparent dialogue with our value chain around climate-related issues
- Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues
MRV: Pact MRV in place
Status date: Submitted (25/07/2022)
Data source: CDP Climate Change 2022