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Sustainability data and reporting

We monitor the development of sustainability from an environmental, social and financial perspective, both in-house and in our supply chain.

Metsä Board's annual sustainability information is compiled in the Sustainability Statement, which is published as part of the Annual Review. The Sustainability Statement is prepared in accordance with the Accounting Act and the European Sustainability Reporting Standards (ESRS), and with the Article 8 of Taxonomy Regulation.  Separately published annexes include SASB content index and disclosures in accordance with the TCFD and TNFD recommendations.

The Sustainability Review summarises annually Metsä Board’s key sustainability topics and achievements, drawing on information from the Sustainability Statement and presenting it in a more concise and customer-oriented format. The Sustainability Review 2024 will be published in March 2025.

Metsä Board’s Climate transition plan presents our strategic ambition and governance on climate matters, as well as our investments and climate actions related to production, products and the value chain.

The factsheets focus on sustainability-related topics such as forest certification and carbon calculations in a simple and objective way, while our paper profiles describe the composition and key environmental parameters of individual paperboard products.

The environmental, social and governance (ESG) presentations and the documents covering corporate governance and remuneration are developed primarily for investors and other capital market representatives.

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Annual reporting 2024

Read more about Metsä Board's operations, value creation, sustainability and financial development from the annual reporting 2024.
Read about Metsä Board's year 2024

Sustainability data

We monitor the development of sustainability with data. Our data collection covers both our own operations and our supply chain.

We are committed to process personal data in accordance with the EU GDPR, which forbids the processing of special categories of data such as personal data revealing racial or ethnic origin. We do not collect such data on our employees anywhere where we operate, even if the local legislation would permit, and are committed to treat people equally regardless of the characteristics they represent.

Environment

Energy 2024 2023 2022
Total energy consumption, GWh  8,252 7,719 8,561
Share of fossil free energy of total energy consumption, %  89 90 85
Emissions to air 2024 2023 2022
Direct fossil-based CO2 emissions (Scope 1), tCO2 169,429 181,339 244,139
Indirect fossil-based CO2 emissions (Scope 2 market-based), tCO2 82,279 2,261 147,081
Direct GHG emissions (Scope 1), t CO2e 192,098 202,227 264,961
Indirect GHG emissions (Scope 2 market-based), tCO2e 84,989 3,747 155,287
Indirect GHG emissions (Scope 2 location-based), tCO2e 259,495 299,365 300,491
Indirect GHG emissions in the value chain (Scope 3), tCO2e  1,789,138 1,792,006 2,274,825
Biogenic CO2 emissions, t 2,154,777 1,984,088 1,937,318
Sulphur as SO2, including TRS, t  184 176 418
Total reduced sulfur TRS, t 57 52 60
Nitrogen oxides as NO2, t 1,363 1,285 1,226
Particles, t 33 55 285
Water use and discharges to water 2024 2023 2022
Water withdrawals, 1,000 m³ 105,829 101,943 114,465
Wastewater discharges, 1,000 m³ 48,540 45,380 58,740
AOX, t 45 47 50
COD, t 9,743 10,645 10,368
BOD, t 635 840 647
Total Phosphorus, t 22 23 23
Total Nitrogen, t 156 165 172
Total suspended solids, t 1,662 1,885 1,517
By-products and waste 2024 2023 2022
By-products, 1,000 t 32 25 36
Process waste (non-hazardous), 1,000 t 128 119 129
Other non-hazardous waste, 1,000 t 5.5 4.1 4.8
Hazardous waste, 1,000 t 1.1 1.4 0.9

 

Social responsibility

Personnel  2024 2023 2022
Number of employees in the end of the year 2,409 2,343 2,347
Number of permanent employees 2,221 2,177 2,154
Number of temporary employees 154 165 193
Number of non-guaranteed hours employees 34 1 0
Number of full-time employees 2,283 2,262 2,267
Number of part-time employees 126 81 80
Employee turnover rate, % 1) 4.8 5.5 7.9
Average training hours per employee, hrs 20 18 15
Average training hours per employee (blue-collars), hrs 18 17 15
Average training hours per employee (white-collars), hrs 24 19 15
Code of Conduct e-learning completion rate, % 99 98 100
Diversity 2024 2023 2022
Share of women within all employees, % 23 22 22
Share of women in management (VP, SVP, CEO), % 23 21 21
Share of women in the Corporate Management Team, %  17 17 14
Share of women in the Board of Directors, % 44 33 33
Occupational health and safety 2024 2023 2022
Total Recordable Injury Frequency (TRIF ) per million hours worked  3.4 6.1 6.7
Lost-time accident frequency (LTA1F) per million hours worked  2.9 4.0 5.4
Number of fatal occupational accidents, own personnel and external partners  0 1 0

 

Procurement and supply chain

Sourcing of raw materials 2024 2023 2022
Wood, 1,000 t 4,292 3,505 4,450
Purchased pulp, 1,000 t 345 373 558
Coatings, binders and pigments, 1,000 t 279 254 345
Process chemicals, 1,000 t 31 28 37
Packaging materials, 1,000 t 25 21 30
Share of fossil free raw materials and packaging materials, % of dry tonnes 98.9 98.8 98.8
Traceability of raw materials, % of total purchases 97 97 97
Supply chain  2024 2023 2022
Number of suppliers 3,173 3,399 3,640
Suppliers' commitment to Supplier Code of Conduct, % of total purchases 99.0 99.0 98.7
Supplier assessments and audits of core suppliers, % 79 68 50

 

Financial figures

Selected financial figures 2024 2023 2022
Sales, EUR million 1,938 1,942 2,479
Production of paperboard, 1 000 t 1,539 1,319 1,890
Production of pulp, 1 000 t 619 555 683
Production of BCTMP, 1 000 t 504 441 727
Other bioproducts (tall oil and turpentine), 1,000 t 18 17 20
Employee costs, EUR million 201.6 199.5 217.4
R&D expenditure, EUR million 7.4 7.3 6.1
Taxes to be paid in Finland, EUR million  22.9 29.6 39.8
Taxes to be paid in Sweden, EUR million  20.1 17.2 47.5
Taxes to be paid in other countries, EUR million  7.2 8.6 8.7
Dividend and equity distribution, EUR million 2) 24.9 88.7 205.6

References

1) Employee turnover includes all leavers, whatever the reason (excluding transfer of business), divided by the number of employees. The figure includes permanent employment relationships.
2) The 2023 figure is the proposal of the Board of Directors and to be discussed in the Annual General Meeting.
Some of the figures have been updated due to additional data.