Sustainability for investors

Our goal is to be a thought leader in sustainability within our industry

Sustainability at Metso

We want to be a responsible and trusted partner bringing sustainable productivity to our customers. This means that we do things efficiently and responsibly in terms of the environment, safety and the wellbeing of people and the economy. Our environmentally efficient and safe technology helps our customers improve their productivity and their economical use of natural resources and a responsible and trusted partnership creates the foundation for a strong brand and profitable growth. By demanding sustainability from ourselves and our partners alike, we build trust.

Metso Climate Program

Reducing greenhouse gas emissions is something we take seriously. In our climate program we have considered all our relevant carbon dioxide (CO2) emission categories and we have set targets for each of them. We want all our stakeholders to be involved in the work to reach these important targets and to aim even higher.

We have set Science Based Targets (SBT) for our suppliers, production, transportation and the product use phase. In addition to the Science Based Targets, our aim is to offset all our flights, push all our research and development projects to set an energy-efficiency target and investigate opportunities to reduce emissions originating from our offices, employee commuting and car leasing, to name a few.

Read more about our Climate Program here.

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Value creation at Metso

Value creation in Metso is assessed in both financial and non-financial terms. Increased stakeholder dialogue, identifying sales opportunities, and more effective and customer-centric operational processes support innovation, safety and a minimized environmental footprint, as well as build reputation and brand. In addition, value is created by improved internal processes, procurement efficiencies and decreased risk of misconduct.

Read more about our value creation here

 

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Sustainability governance

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.

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Sustainability indices and commitments

  • CDP (B Management level)
  • Corporate Knights world’s 100 most sustainable companies
  • FTSE4GOOD index
  • MSCI ESG rating (AAA level)
  • Ethibel Sustainability Index
  • OMX GES Sustainability Finland Index
  • STOXX Global ESG Leaders Indices

  • UN Global Compact
  • UK Modern Slavery Act
  • Science-Based Targets initiative
  • UN Sustainable Development Goals (SDGs)

International standards

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. Global list of Metso's externally certified units

Read more about our sustainability governance and management here

 

Risks related to Metso’s non-financial areas are mainly associated with compliance, brand and reputation, health, safety and environment (HSE), and climate change, as well as human and labor rights, especially in the supply chain.

Operating throughout the value chain in a sustainable way is a high priority for Metso, as environmental, social or governance misconduct can affect the company’s reputation and have long-term financial and other consequences. Non-financial risks can also create business interruption risks, lost working hours and other financial implications.

The Board oversees the appropriate governance of overall enterprise risk management. Internal control practices are aligned with Metso’s risk management process approved by the Board.

Read about our Non-financial risks from our sustainability pages and our 2019 Annual Report

Assurance

DNV GL Business Assurance Finland Oy/Ab has provided limited assurance on the sustainability information disclosed in Metso’s Annual Report 2019, as an independent third party. In addition to the data revision, the assurance includes approximately three annual site visits and management interviews.

 

Downloads
Name
Business Overview 2019 Download
Corporate Governance Statement 2019 Download
GRI Supplement 2019 Download
Code of Conduct Download
Conflict Minerals statement Download