Sustainability

Sustainability is our strategic priority and we are committed to limiting global warming to 1.5 degrees. We operate efficiently and in a responsible manner, and take into consideration the environment, safety and well-being of people and the planet. Our biggest impact is through our customers when they use our technologies and services that help them to achieve their own sustainability and productivity targets.

Our sustainability agenda

Our sustainability agenda consists of our handprint and footprint.

Handprint is the positive impact we make on the environment and people through our offering. With our sustainable offering, we help our customers improve their environmental efficiency, productivity and reduce risks. We offer our customers energy- and water efficient solutions that help mimimize emissions and enable re-use of materials.

Our footprint is the environmental impact we generate when producing the goods and services and delivering them to our customers. We aim to minimize any harmful impacts to the environment, as well as people in our own operations, logistics and supply chain. In our own operations we aim for net zero by 2030.

Annual Report 2022

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Our climate impacts

Our purpose is to “Enable sustainable modern life.” Climate change is one of the biggest global challenges, and a topic where Metso Outotec can play a significant role together with our customers. Therefore a large part of our sustainability focus is on climate change.

For the global warming to stay within 1.5 degrees, the world needs to get to zero emissions by 2050. Reaching global climate targets requires significant decrease in CO2 emissions by increasing the use of renewable energy sources and production efficiencies. Energy transition requires large investments into renewable energy generation, downstream power emissions, battery technologies and electric vehicles. This such as copper, nickel and lithium.

Metso Outotec offers sustainable technologies that support its customers’ energy transition plans. As a leading supplier of equipment and services and given how energy intensive rock comminution and processing is, our approach to technology and innovation really matters. Central to our sustainability efforts is our Planet Positive offering. These products are more energy and/or water efficient than the benchmark technology.

In addition, our target is to reduce our own CO2 emissions to reach net zero by 2030. We are also aiming to reduce CO2 emissions by 20% in logistics by 2025 and targeting that 30% of the supplier spend by the end of 2025 is with partners who have also set a science based emission target. Baseline year for all the targets is 2019.

To fight climate change, we must act now. We are partnering with our customers, suppliers and communities for the drive towards net zero and decarbonization of our industries.

Planet Positive - our approach to sustainability

Responding to the climate change challenge is collaboration between companies and countries. That’s why we must act together with our customers and partners in developing the energy and carbon efficient technologies that support the energy transition. Together, we can create a better future. We are the partner for positive change.

Planet Positive products are more energy and/or water efficient than the market baseline, help our customers cut their CO2 emissions, or achieve other sustainability priorities such as reducing pollution. Planet Positive portfolio consists of over 100 products already. Planet Positive services include for example modernization and product optimizations.

Our aim is to keep expanding and improving this offering by continuously innovating – we aim to have a Planet Positive product for every part of the value chain. To achieve this, we aim for 100% of our R&D project spend to be on initiatives that have a sustainability target related to energy, emissions, water, circularity or safety. We aim to increase our Planet Positive sales significantly and expect it to form a growing part of our overall sales in the future.

Our footprint

Our footprint means the environmental impact we generate when producing the goods and services and delivering them to the customer. We aim to minimize any harmful impacts to the environment, people in our own operations, as well as logistics and supply chain. We actively collaborate with our suppliers and partners to create more sustainable value chain from raw materials to finished product. Safety is our number one priority, both in our own operations and in the manufacturing and use of our products.