Metsä Board is also placed on the CDP’s Supplier Engagement Rating Leaderboard for supply chain engagement on climate issues.
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 a triple ‘A’ score in CDP's assessments for its environmental leadership in mitigating climate change and its sustainable use of water resources and forests.
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EcoVadis
Metsä Board again scored the highest recognition level, “Platinum”, in the EcoVadis corporate social responsibility ranking in 2021.
The company’s score of 83/100 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 August 2021, Metsä Board received the highest rating of AAA 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 October 2021, Metsä Board received an overall ESG Risk Rating of 15.2 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.
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VigeoEiris
In July 2021 Metsä Board’s ESG performance was rated “Advanced” in a VigeoEiris ESG assessment.
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Circular economy related recognitions
In 2021 Metsä Board achieved a general grade of B (on a scale of E to A) in the Ellen MacArthur Foundation's Circulytics assessment. Metsä Board also won the Finnish Circular Economy Award and the Finnish Quality Award following an evaluation conducted by Laatukeskus Excellence Finland.
The Circulytics assessment 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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