Metsä Board’s emissions reduction targets meet the most ambitious goals of the Paris Agreement, approved by the Science Based Targets initiative
Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has had its emissions reduction targets approved by the Science Based Targets initiative as being consistent with the levels required to meet the goals of the Paris Agreement. The targets, covering greenhouse gas emissions from Metsä Board’s operations (Scopes 1 and 2), are in line with reductions required to limit global warming to 1.5°C. Metsä Board has committed to reduce by 100% its absolute Scope 1 and 2 GHG emissions by 2030 from a 2016 base year. Scope 1 covers greenhouse gas emissions caused by the company’s own production and Scope 2 refers to purchased energy. Metsä Board’s target for reducing the emissions from its value chain (Scope 3) also meet the SBTi’s criteria for ambitious value chain goals and are thus in line with current best practices. Metsä Board commits that 70% of its non-fibre suppliers and downstream transportation suppliers by spend will set science based targets by 2024.