Le Lézard
Classified in: Science and technology, Business
Subject: JVN

Valmet and Metsä Group to develop a joint sustainability model for industrial investment projects


Valmet Oyj's press release on November 1, 2023 at 10:00 a.m. EET 

ESPOO, Finland, Nov. 1, 2023 /PRNewswire/ -- Valmet and Metsä Group are jointly developing a comprehensive operating model to ensure sustainability in technology and maintenance investments. The model will address various aspects of sustainability related to the environment, social responsibility and governance (ESG). It will be used to verify the sustainability of the process technology projects delivered by Valmet to Metsä Group and the related supply chains. Valmet and Metsä Group have set up a joint working group to develop and deploy the sustainability model. The goal is to adopt the model by 2027.

"Valmet has consistently been developing its sustainability based on its comprehensive sustainability agenda. The company has been included in the Dow Jones Sustainability Index as one of the 300 global sustainability leaders for nine consecutive years. Our cooperation with Metsä Group in developing a sustainability model for investments contributes to both companies' strong sustainability work and establishes tangible indicators for sustainability at different stages of investment," says Anu Salonsaari-Posti, Valmet's SVP, Marketing, Communications, Sustainability and Corporate Relations. 

"As part of its strategic 2030 sustainability targets, Metsä Group is committed to ensuring that its supply network operates sustainably. Valmet is a large technology and service provider in the forest industry's value chain, and its operations and procurement cover an extensive geographical area. By jointly scrutinising the chain's sustainability in ever greater detail, we ensure that the forest industry's positive impacts spread beyond the wood-processing value chain," says Jari Voutilainen, Metsä Group's SVP, Sourcing and Logistics.

Valmet and Metsä Group are jointly developing a comprehensive operating model to ensure sustainability in technology and maintenance investments.

VALMET 
Corporate Communications 

For further information, please contact: 
Anu Salonsaari-Posti, Senior Vice President, Marketing, Communications, Sustainability and Corporate Relations, Valmet, tel. +358 50 453 4262 

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward ? every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet's net sales in 2022 were approximately EUR 5.1 billion.

Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.   

Follow us on valmet.com X | X (IR) | LinkedIn | Facebook | YouTube | Instagram |

Processing of personal data

The following files are available for download:

https://news.cision.com/valmet-oyj/i/valmet-and-metsa-group-to-develop-a-joint-sustainability-model-for-industrial-investment-projects-lo,c3234455

Valmet and Metsä Group to develop a joint sustainability model for industrial investment projects lores

https://news.cision.com/valmet-oyj/i/valmet-and-metsa-group-to-develop-a-joint-sustainability-model-for-industrial-investment-projects-hi,c3234458

Valmet and Metsä Group to develop a joint sustainability model for industrial investment projects hires


These press releases may also interest you

at 09:00
QuEra Computing, the leader in neutral-atom quantum computing, today announced it has successfully completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant...

at 09:00
Sev1Tech, a leader in providing information technology (IT), engineering, program management, C5ISR and cybersecurity systems integration and support services, has launched its new AI Digital Twin platform, Vertasyn. Leveraging MAGIE, a multi-agent...

at 09:00
Mavenir, the cloud-native network infrastructure provider building the future of networks, has been selected by innovative telecommunications operator EOLO, Italy's largest fixed wireless access (FWA) broadband provider, to supply the 5G SA Core for...

at 08:59
Doceo, a leading provider of business technology solutions, announces the acquisition of Unison Business Solutions, a Maryland-based company specializing in Toshiba print technology and Pitney Bowes SaaS shipping & mailing solutions. This marks...

at 08:58
Flowfinity, a leading process management platform, has been working with engineers and consultants to address the challenges they face collecting and managing technical project data to streamline report generation. Balancing the need for accurate,...

at 08:55
VergeIO, a leader in ultraconverged infrastructure (UCI), recorded another record-breaking quarter with key wins in new customers, annual recurring revenue and expanded partnerships to place the company in a position of strength for sales and...



News published on and distributed by: