ESPOO, Finland, Aug. 1, 2019 (Press Release) -Metsä Board, part of Metsä Group, has today published its sustainability targets for 2030. One of the company’s targets is to achieve fossil free mills by 2030 with zero fossil CO2 emissions. This ambitious target includes both emissions from the company’s own energy production (scope 1) as well as purchased energy (scope 2). Currently, 82% of the energy used at Metsä Board mills is fossil free.
In addition, Metsä Board is aiming for a 30% reduction in water use per product tonne and a minimum of a 10% energy efficiency improvement by 2030 compared to the 2018 level. These will also play an important role in reaching the fossil free mills target.
“The new targets demonstrate our commitment to mitigate climate change supporting the UN Sustainable Development Goals. Naturally, this requires investment. Our recently announced plan to renew the Metsä Board Husum pulp mill would be a substantial step to take us towards our target of 100% fossil free production,” says Mika Joukio, CEO of Metsä Board.
The main raw material in Metsä Board’s paperboard production is renewable and 100% traceable wood sourced from sustainably managed Northern European forests. Metsä Board’s target is to reach a minimum of 90% share of certified wood out of all sourced wood raw material by 2030. In 2018, the company’s share of certified wood raw material was 79%.
Metsä Board is part of Metsä Group that is already a significant carbon sink as its operations already result in more carbon being bound than being emitted. Metsä Board’s sustainability targets are based on the strategic sustainability 2030 objectives of Metsä Group.
Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests.
The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2018, the company’s sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.
Metsä Group is a forerunner in sustainable bioeconomy utilising renewable and sustainably managed northern forests. Metsä Group focuses on wood supply and forest services, pulp, fresh fibre paperboards as well as tissue and greaseproof papers.
Metsä Group’s sales totalled EUR 5.7 billion in 2018, and it employs approximately 9,300 people. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 103,000 Finnish forest owners.