Sustainability performance

As a part of our handprint, we measure the amount of CO2 emissions avoided by using Metso Outotec technologies compared to industry baselines or alternative technology. Emissions of seventeen of our technologies are measured annually. In 2021, Metso Outotec’s CO2 handprint was 10.1 million tonnes less of CO2 equivalents in the seventeen technology areas (2020: 8.2 million tonnes of CO2).

In addition to managing our handprint CO2 emissions, decreasing the environmental footprint of our own operations as well as in our logistics and supply chain is a high priority. In 2021, we set ambitious new CO2 emissions reduction targets for our own operations. We target net-zero emissions by 2030, and a 50% reduction by 2024.

At Metso Outotec, we have calculated our scope 1, 2, and 3 greenhouse gas emissions in line with the GHG protocol methodology. Our CO2 emissions were reduced by 58% compared to 2020 emissions (baseline year 2019). There are 53 Metso Outotec locations in 19 different countries that are under the environmental reporting scope. Nearly all locations are now operating with renewable energy sources. All of these locations have been granted Renewable Energy certificates or GOs.

Our upstream and downstream logistics emissions have been reduced by 18% (baseline year 2019). In 2021, 95% of Metso Outotec’s R&D projects spend had set notable sustainability targets.

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We have over 13,000 suppliers in around 80 countries. We work closely with our suppliers to support them in their sustainability practices and processes.

We have created several supplier e-learning courses about our supplier sustainability expectations, human rights and safety. Our most recent e-learning module for suppliers explains Science Based Target setting methodology for CO2 emissions reduction and how our suppliers can contribute to reducing CO2 emissions in the supply chain.

We have started a supplier engagement program for Science Based Target (SBT) setting. This means that suppliers are asked to set CO2 emissions reduction targets to contribute to the effort. We have set a target that 30% of procurement spend is with suppliers that have set Science-Based emissions targets by 2025. In 2021, 10.1% of the suppliers by spend had SBT CO2 emission target.

One way to ensure supplier compliance and continuous improvement is to conduct supplier audits. Our annual auditing program identifies the suppliers to be audited based on a supplier sustainability risk assessment. In 2021, we conducted 152 supplier sustainability audits and 71 percent of the corrective actions from 2021 were implemented by year end. We have also developed a supplier sustainability scorecard that allows close tracking of suppliers’ sustainability performance.