- Supply chain disruptions, particularly with electronic components.
- High costs for electronic components and fast deliveries.
- Increased stock levels due to pandemic and war in Ukraine.
- Challenges in specific customer projects slowed progress towards COPQ targets in the process technology segment.
Valmet Oyj
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Valmet Oyj disclosed greenhouse gas emissions of 64.0K tCO2e. By scope: Scope 1: 19.8K tCO2e; Scope 2: 44.7K tCO2e; Scope 3: 64.7M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
64.0K tCO2e
2023
Water Usage
524.0K m3
2023
Waste
46.0K tons
2023
Energy Use
418 GWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 19.8K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 44.7K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 64.7M tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 64.0K tCO2e |
| 2022 | 75.8K tCO2e (Scope 3) |
| 2021 | 1.5K TJ (Total energy consumption needs conversion to tCO2e) |
| 2020 | 63.6K tCO2e/year (Scope 1 & 2) |
| 2015 | 88.1 (1000 tCO2e) |
| 2014 | 84.4 tCO2e (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions from purchased goods and services (Scope 3 category 1) by 22% in 2023.
- Achieved 100% carbon-neutral electricity purchases in Finland and Sweden.
- Engaged 78 suppliers in 2023 to support their CO2 emission reduction efforts.
- Reduced Scope 1 and Scope 2 (market-based) CO2 emissions by 51,000 tCO2e.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase engagement by 1 percentage point by 2023
- 100 percent of white-collar employees completed Valmet’s Code of Conduct e-learning course by 2025
📅 Medium-term
- 20 percent reduction of CO2 emissions from supply chain by 2030
- 80 percent reduction of CO2 emissions from own operations by 2030
- 10 percent reduction in energy consumption from own operations by 2030
- 75 percent waste from own operations diverted from disposal by 2030
- 20 percent reduction in water consumption from own operations by 2030
🔭 Long-term
- Elimination of high-consequence injuries by 2030
🌱 ESG Focus Areas
EnvironmentalSocialGovernance