Valmet’s Climate Program
Climate change drives companies to rapidly transform and reduce greenhouse gas (GHG) emissions. Valmet believes technology is key in mitigating climate change in the transition to a carbon neutral economy.
Valmet's ambitious Climate Program − Forward to a carbon neutral future − was launched in 2021 and includes ambitious emission reduction targets and concrete actions for the whole value chain, including the supply chain, our own operations, and customers’ use of our technologies. The program is aligned with the Paris Climate Agreement´s 1.5-degree pathway and the United Nations Sustainable Development Goals. The Climate Program's targets have been approved by the Science Based Targets initiative, and Valmet plans to achieve them without emission compensation.
Targets by 2030 for the entire value chain
Supply chain
-20%
GHG emissions reduction*
Main actions
Actions to reduce emissions in direct purchasing and logistics includes
- Increased share of recycled steel in products
- Support CO2-intensive suppliers in reducing emissions
- Redesign lightweight steel products, introduce alternative raw materials, and optimize manufacturing methods of components
- Centralize spend to selected suppliers offering low carbon transportation
- Continue to develop freight planning
Own operations
-80%
GHG emissions reduction*
Main actions
Actions to reduce emissions include
- replacing fossil fuels with renewables in locations
- purchasing carbon-free electricity and district heat
- implementing energy efficiency improvements in locations
- promoting low-carbon commuting and reducing business travel flights
Use phase of technologies
-20%
Further reduced energy use*
Main actions
Further enhancing energy efficiency of Valmet's existing pulp and paper technologies by 20 percent as part of Valmet's continuous R&D work
Use phase of technologies
100%
Technologies enabling the use of fossil-free energy sources
Main actions
- Providing customers with Valmet's energy solutions, which enable production using biomass
- Providing technologies that enable fossil-free pulp and paper production for customers with access to fossil-free energy sources
*Baseline 2019
We are collaborating with our suppliers to reduce emissions
Our target is to reduce GHG emissions in our supply chain by 20 percent by 20301. We will achieve this goal with a wide range of actions like increasing the share of recycled steel in our products, supporting CO₂-intensive suppliers in reducing their emissions, decreasing the weight of our products and introducing alternative materials, and helping suppliers to optimize their manufacturing methods. We are also centralizing spend on selected suppliers offering low-carbon transportation, and we continue developing freight planning.
We are transforming our own operations
Our target is to reduce GHG emissions by 80 percent in our own operations by 20301. We are working toward a low-carbon future every day across the organization. We are driving this transformation by replacing fossil fuels with renewables in our locations, purchasing carbon-free electricity and district heat, and implementing energy efficiency improvements. We enhance the use of digital tools and further develop remote working habits that reduce business travel emissions. We will also promote low-carbon commuting.
We are enabling carbon neutral processes for our customers
Most of Valmet’s value chain’s carbon footprint comes from the use phase of its technologies. Today, our customers’ chemical pulp mills provided by Valmet are usually bioenergy self-sufficient already. Furthermore, we enable carbon neutral heat and power production for our customers with our current biomass-based energy solutions. By 20301, our target is to enable the use of fossil-free energy sources for all pulp, paper, and energy technologies and solutions that we provide to customers2. We also target to improve the energy efficiency of our current offering by 20 percent. Today, all of Valmet’s technologies enable fossil-free pulp, board, tissue, and paper production for customers with access to fossil-free energy sources.
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