August 30, 2016 11:04 AM EEST
Metso has set sustainability targets for its own operations for the years 2016-2018
Metso has revised its sustainability strategy and set targets related to its own approach to sustainability for the years 2016-2018. Our revised sustainability strategy consists of four focus areas, and all of them have measurable sub-categories concerning the company's own operations. These focus areas are:
Building customer success - Environmentally efficient and safe products, solutions and services. We focus on customer value creation through close partnership and cooperation.
Responsible supply chain - We want to ensure our sustainable business operations throughout our supply chain by developing our sustainability management practices at Metso and with our suppliers and by having best practices in place to closely follow regulations.
Performing together - We provide a healthy and safe working environment in a culture that supports good performance and competence and follows our ethical principles. We work together with the local communities to create social value.
Contributing to the environment - We constantly work towards reducing the environmental load generated in our operations. We reduce water and energy consumption, emissions and waste in our production.
"Sustainability in general and work safety have already been an integral part of our management agenda, but now with the updated sustainability strategy and focus areas we are even more determinedly and ambitiously continuing the good work already done in this field," states Matti Kähkönen, President and CEO, Metso Corporation. "To highlight some of our earlier achievements, we were able to reduce the level of our Lost Time Incident Frequency (LTIF) each year for the past 5 years," he continues.
"Moreover, Metso has made progress in building a company-wide sustainable supply chain. As an example, we conduct third-party sustainability audits yearly for suppliers in potentially higher risk areas identified in our annually conducted supplier sustainability risk mapping," says Kaisa Jungman, Head of Sustainability, Metso Corporation.
Metso reports annually according to Global Reporting Initiative (GRI) guidelines. Metso is also included in several third-party sustainability ratings. Metso continues to be included in the Climate Disclosure Leadership Index with the highest possible score of 100/100. A high score from the CDP's Climate Disclosure Leadership Index indicates transparency in disclosing high-quality carbon emissions and energy data. Metso's sustainable performance is also included in FST4Good and Ethibel sustainability indices.
Discover more about Metso's approach to sustainability at metso.com: http://www.metso.com/company/sustainability/our-sustainability-strategy-focus-areas-targets/
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ OMX Helsinki, Finland, and had net sales of about EUR 2.9 billion in 2015. Metso employs over 12,000 persons in more than 50 countries. Expect results.
For further information, please contact:
Kaisa Jungman, Head of Sustainability, Metso Corporation, Tel. +358 20 484 3272, Email: email@example.com
Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, Email: firstname.lastname@example.org