This is the eighth year that Metsä Board achieved the position on the CDP Climate A list and the CDP Water A list.
Sustainability ratings
Metsä Board has performed to a high level in several ratings and assessments that look at the company's corporate governance and ability to manage environmental impacts and social responsibility and the risks related to them.
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CDP
Metsä Board is one of the companies to have achieved an 'A' score in CDP's assessments for climate change and water security. In the sustainable use of forests Metsä Board's score was 'A-'.
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EcoVadis
Metsä Board again scored the highest recognition level, “Platinum”, in the EcoVadis corporate social responsibility ranking in 2023.
The company’s score of 87/100 puts it in the top 1% of companies assessed in the manufacture of corrugated paper and paperboard and containers of paper and paperboard industries.
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MSCI
In June 2023, Metsä Board received the rating of AA in the category of Containers & Packaging in the MSCI ESG Ratings assessment.
The use by Metsä Board of any MSCI ESG research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Metsä Board by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
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Sustainalytics
In November 2023, Metsä Board received an overall ESG Risk Rating of 14.1 and is considered by Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors.
Sustainalytics’ ESG Risk Ratings scores are divided into five categories ranging from Negligible (score 0–10) to Severe (40+). Scores between 10–20 are in the low-risk category.
Copyright 2023 Morningstar Sustainalytics. All rights reserved.
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Moody's Analytics
As of December 2023 Metsä Board’s ESG Score has been 70/100.
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Circular economy related recognitions
In 2023 Metsä Board achieved an overall score of A- (on a scale of E to A) in the Ellen MacArthur Foundation's Circulytics® assessment. In 2022, Metsä Board won the Finnish Circular Economy Award and the Finnish Quality Award following an evaluation conducted by Laatukeskus Excellence Finland.
The Circulytics® supports businesses in their transition towards a circular economy.
The Finnish Circular Economy Award and the Finnish Quality Award are based on the international model of the European Foundation for Quality Management (EFQM).
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