Metso climate goals get green nod

Metso, which has compiled its sustainability goals within a formal climate programme, has had its greenhouse gas (GHG) emissions targets approved by the Science Based Targets Initiative (SBTi)
Metso climate goals get green nod Metso climate goals get green nod Metso climate goals get green nod Metso climate goals get green nod Metso climate goals get green nod

Metso has committed to a 25% reduction in carbon emissions in production by 2030

The Metso Climate Program includes goals applicable to all facets of mining that could produce emissions, including procurement, production, transportation and product use.

"As a scope 1 and 2 GHG target, Metso has committed to a 25% reduction in carbon emissions in production by 2030," the company said. Its plan to achieve that: investments in renewable energy as well as efforts to improve energy efficiency within the production processes.

The Finnish industrial group said it not only demanded sustainability internally, but also 30% of its suppliers (with reference to spend) are required to set science-based emission targets by 2024.

Company officials said it is also aiming for a 20% reduction in transportation emissions by 2025 (scope 3 GHG emissions target), through the streamlining of transportation routes and optimisation of warehouse locations.

"Through extensive research and development work, Metso has been able to significantly reduce the energy consumption in customer processes. To continue this development, Metso aims for a 10% reduction in GHG emissions in the most energy-intensive customer processes through the use of Metso products by 2025," the company said.

"This is further reinforced by the demanding energy-efficiency targets in all Metso R&D projects. As supportive actions, Metso will also offset flight emissions by 100% by 2021 and continue to find new ways to decrease emissions, for example, in offices."

For Metso, scope 1 emissions are generated from fuels used in production, scope 2 emissions come from purchased energy, and scope 3 emissions are created via transportation, procurement, travelling and product use.

The SBTi is a collaboration between the CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Its focus is the promotion of science-based target setting for the reduction of GHG.