Wednesday, November 1, 2023
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Metsa Group and Valmet are jointly developing a comprehensive operating model. The main purpose of this joint endeavor is 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 Metsa Group and the related supply chains.
Metsa Group and Valmet have set up a joint working group to develop and deploy the sustainability model. The goal is to adopt the model by 2027. “As part of its strategic 2030 sustainability targets, Metsa 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, Metsa Group’s SVP, Sourcing and Logistics.
Valmet has been continuously working hard to develop its sustainable strategies for responsible expansion of its business. This new joint effort is believed to strengthen the sustainable call for the both the companies on a better scale.
Highlighting the benefits of this fresh growth, Anu Salonsaari-Posti, Valmet’s SVP, Marketing, Communications, Sustainability and Corporate Relations said, “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 Metsa 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.”
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Tags: Metsa Group, Valmet, wood, wood and panel, woodworking UK
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