Sustainability governance

At Metsä Board, the Board of Directors, CEO and Corporate Management Team are responsible for sustainability matters. Sustainability is incorporated in the company’s strategy, long-term business and investment plans, risk assessments and annual action plans approved by the Board of Directors.

Sustainability and remuneration

The personal performance bonus target of each Metsä Board employee includes a sustainability target. In 2023, the sustainability targets of the CEO and the other Corporate Management Team members were related to Metsä Board’s 2030 sustainability targets such as occupational safety, the promoting of an ethical corporate culture, the development of fossil free products, and the reduction of fossil-based carbon dioxide emissions and water use.

Read more in the Sustainability Statement.

Risks and opportunities

We have identified sustainability-related material risks and opportunities through a double materiality assessment based on the principles of our risk management process. By identifying risks and opportunities related to our operations and value chain, we support the implementation of our values and strategy, and the achievement of our long-term targets.

Based on the results of the materiality assessment, Metsä Board’s key sustainability matters include climate change, biodiversity, the environmental impacts of products, and the occupational safety of the company’s own workforce and value chain workers.

Read more in our Sustainability Statement.