Based on the materiality analysis we have identified seven key material topics that guide our work towards our sustainability 2030 targets. The topics take into account the most significant impacts throughout our value chain, and are divided into three themes: Environment, Social and Governance. Our sustainability 2030 targets are categorised according to these ESG perspectives.
Sustainability 2030 targets
Our strategy is built on sustainability, which is embedded in everything we do. With our sustainability 2030 targets we are committed to safeguarding natural biodiversity, mitigating climate change and promoting the sustainable use of natural resources, healthy workplace communities and ethical operations.
Environment
We safeguard and enhance biodiversity by increasing the conditions required by species and preserving valuable habitats.
Our greenhouse gas emissions reduction targets are endorsed by the Science Based Targets initiative (SBTi) and meet the strictest requirements of the Paris Agreement, which aims to limit global warming to 1.5 degrees Celsius compared to pre-industrial levels. We use natural resources efficiently and reduce waste.
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Safeguarding biodiversity and ecologically sustainable forestry
Safeguarding biodiversity and ecologically sustainable forestryOur activities towards 2030
- We diversify the tree species in the forest. Diverse forests are resilient to the various risks posed by a warming climate, such as extreme weather conditions or insect pests.
- We recommend planting mixed forests. We leave a variety of tree species in the forest, both in tending and in thinning.
- We increase the amount of decaying wood for the species that need it.
- We ensure that herb-rich forests and ridges provide habitat for endangered species. Burned and charred wood is also needed for specialised species.
Indicators by 2030At Metsä Group level:
100% of regeneration sites have retention trees
100% of harvesting sites have high biodiversity stumps
0% spruce as the only tree species growing after young forest tending
10,000 actions to increase biodiversity, such as
- Burned retention tree groups
- Nature management for herb-rich forests and ridges
- Water protection
- New Metso protection areas for our owner members
- FSC® nature site service contracts
Supporting UN sustainable development goals
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Mitigating climate change and reducing emissions
Mitigating climate change and reducing emissionsOur activities towards 2030
- Change to renewable fuels in our mills, so we will not emit fossil-based carbon dioxide into the atmosphere (Scope 1 emissions)
- Purchase fossil-free electricity and heat (Scope 2 emissions, market-based)
- We encourage our suppliers to set greenhouse gas emission reduction targets (Scope 3 emissions)
- Change to raw materials and packaging materials which are free of fossil carbon by finding solutions together in our value chain
- Keep forests vibrant, thriving and healthy by increasing their management and use in line with research-based recommendations
- Recommend that peatland forests be grown continuously to minimise the impact of forestry on water and to prevent unnecessary release of carbon sequestered in peat into the atmosphere
- Increase of wood-based products with long carbon sequestration time
Indicators by 2030
0 t of fossil-based CO2 emissions (Scope 1 & 2)
100% of fossil free raw materials and packaging materials
70% of target group suppliers have set SBTi targets by 2024 (Scope 3)At Metsä Group level:
+30% regeneration and tending area in forest*
+50% forest fertilization area*
+30% continuous covered forestry in peatland forests
+30% carbon sequestered in products *** hectares, compared to 2018
** CO2-ekvivalent, compared to 2018Supporting UN sustainable development goals
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Sustainable production and efficient use of resources
Sustainable production and efficient use of resourcesOur activities towards 2030
- We reduce our water use by developing and renewing production processes and introducing new technologies
- Improving the use of electricity, heat and fuels to increase energy efficiency
- Finding new uses for the waste generated in our production, together with our partners
Indicators by 2030
-35% process water use per tonne*
+10% energy efficiency improvement**
0 t process waste to landfill* m3/t, compared to 2018
** energy efficiency index, compared to 2018Supporting UN sustainable development goals
Social
We do the right thing. We promote a culture of doing the right thing and boost job satisfaction - respecting each other, valuing diversity and promoting safety throughout the value chain.
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Respecting everyone and doing the right thing
Respecting everyone and doing the right thingOur activities towards 2030
- We promote a culture of doing the right thing by implementing improvements raised by personnel and measuring their experience through ethics barometer
- We address grievances throughout the value chain
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We promote organisational diversity and gender equality, for example by anonymous recruitment and supporting career opportunities for women as leaders
Indicators by 2030
100% implementation of measures decided on the basis of the ethics barometer
100% anonymous recruitment in job vacancies
>30% of women in managementSupporting UN sustainable development goals
- We promote a culture of doing the right thing by implementing improvements raised by personnel and measuring their experience through ethics barometer
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Promoting safety and well-being at work
Promoting safety and well-being at workOur activities towards 2030
- We promote safety at work by investigating all incidents and learning to act preventively
- We promote job satisfaction and measure it through personnel survey
Indicators by 2030
0 accident frequency rate (TRIF)
AAA personnel job satisfaction index on very good levelSupporting UN sustainable development goals
Governance
We know where our raw materials come from and which actors we work with throughout the value chain.
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Innovation and open-minded cooperation
Innovation and open-minded cooperationOur activities towards 2030
- We agree common sustainability targets with our key suppliers
- Developing new wood-based products with partners
Indicators by 2030
100% Of key suppliers: common sustainability target with Metsä
Supporting UN sustainable development goals
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The impact of a forest-based bioeconomy for society
The impact of a forest-based bioeconomy for societyOur activities towards 2030
- We use all the wood for the best suitable application and process wood raw material efficiently
- The wood fibre we use is traceable and meets the requirements of PEFC and FSC® chains of custody (PEFC/02–31–92, FSC®-C001580). We also source other raw materials from sustainable sources and verify the origin, for example through supplier assessments
- By increasing the share of certified wood in our timber supply, we support, among other things, the working conditions of forest workers and ensure that the rights of indigenous peoples are not violated in our forest areas
- We will direct our purchases to suppliers whose responsibility has been verified and thus support overall social change towards more sustainable practices in the supply chain
Indicators by 2030100% traceability of raw materials
>90% share of certified wood
All suppliers 100% commitment to Supplier Code of Conduct
Core suppliers: 100% supplier assessments and audits done
Partners: 100% common sustainability target with Metsä
Supporting UN Sustainable Development Goals
