Our services- and product-focused business model with project and systems capabilities supports our target for higher profitability and lower volatility. We work closely with our customers to solve their challenges, and we bring sustainable solutions to help them improve their performance. Our capability to provide our customers with leading technologies is the bedrock for sustainable growth. Finding ways to address sustainability challenges gives rise to new business opportunities and as we aim to help in solving global social and environmental challenges we will create value and well-being for all stakeholders.
Global environmental awareness creates opportunities for us to offer new intelligent solutions that improve our customers’ energy efficiency, reduce emissions and promote recycling. The biggest threats and opportunities related to the environment and climate change are transferred to Metso from our customers and are thus emphasized in our product, technology, and research & development (R&D). Improved reliability, safety and minimizing emissions are the key focus areas in Flow Control. In Minerals we work to improve efficiency through reduced energy consumption, improved utilization of raw materials and enhanced water conservation. We aim to develop our offering for existing operations and for new plants.
A sustainable way of operating throughout the value chain is a top priority for Metso. Through risk management, we can identify our potential sustainability threats and opportunities and plan our actions more carefully. Metso expects all of its suppliers and partners to operate in a sustainable way and also offers support in developing different areas in this field. By offering sustainable solutions for our customers and demanding them from ourselves and our partners we want to take part in creating a more sustainable future.
Targets and achievements
Sustainability is managed at the group level by the Sustainability team, which works towards an integrated sustainability model with the top management, the functional support teams and the business units to support Metso’s long-term success. The main role of the Sustainability team is to provide support and knowledge to transform the strategic business targets into sustainable business actions. The Board oversees the effectiveness and impact of Metso's sustainability governance.
Code of conduct
The cornerstone of Metso’s approach to managing sustainability is the company’s code of conduct. Metso’s Code of Conduct creates a common basis for all our business operations and work assignments and is part of our general purchase conditions. It also serves as commonly accepted guidelines and perspectives for future decisions. Metso’s Code of Conduct is implemented through different training sessions for our employees and suppliers.
Read more about Metso's Code of Conduct.
In our sustainability management we comply with several international standards, such as quality management standard ISO 9001, environmental management standard ISO 14001 and health and safety management standard OHSAS 18001, and many of our business units have gained certification to these standards:
- 26% of all our operations are covered by ISO 14001 certification,
- 22% by OHSAS 18001 certification and
- 66% by ISO 9001 certification.
Indices and assurance
Metso is included in the following sustainability indices:
- Climate Disclosure Leadership Index
- FTSE4GOOD Index
- STOXX Global ESG Leaders
- Ethibel sustainability Index
- Oekom Research AG Index with Prime Status
- OMX GES Sustainability Finland Index
- Vigeo rating
An independent third party, PricewaterhouseCoopers Oy, has provided assurance on the sustainability information disclosed in Metso’s Sustainability and Annual reports since 2010. In addition to the data revision, the assurance includes approximately three annual site visits and management interviews.
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