Metso has committed to reduce 25 per cent of is carbon emissions by 2030 by investing in renewable energy and improving the energy efficiency of its production processes.
The company has also set demands for its suppliers, requiring 30 per cent of its suppliers in terms of spend to set a science-based emissions target by 2024.
A 20 per cent emissions reduction target for transport has also been set for 2025 by streamlining transportation routes and optimising warehouse locations.
The announcement comes as Metso’s greenhouse gas emissions targets have been approved by the Science Based Targets initiative.
Metso will work to reduce greenhouse gas emissions across all relevant sources, including production, procurement, inbound and outbound transportation as well as the use of Metso’s products.
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Research and development work has been undertaken to help Metso reduce its energy consumption in customer processes. The company aims for a 10 per cent greenhouse gas emissions in the most energy-intensive customer processes through the use of Metso products by 2025. Energy efficiency targets have also been rolled out across all Metso reach and development projects.
Metso will also offset 100 per cent of its flight emissions by 2021 and aims to find new ways to decrease emissions.
“We are extremely happy about the ratification of our science-based carbon dioxide emissions targets,” said Metso President and CEO Pekka Vauramo.
“Our Climate Program is an important step in our goal of reducing greenhouse gas emissions. It is also an essential element in Metso being a responsible and trusted partner to our customers. We aim to improve our customers’ productivity in a sustainable manner, and we involve all our stakeholders in reaching this goal.”