Metsä Board is included in several external assessments that evaluate our performance in the context of sustainability and corporate social responsibility. We are also committed to the most important industry initiatives to further improve our performance in environmental, social and governance issues.
The recognitions include for example:
Metsä Board is one of the leading companies placed both on the CDP Climate A and Water A List. In the CDP's Forest Programme, Metsä Board has a Leadership status A-. Metsä Board is also placed on CDP’s Supplier Engagement Rating Leaderboard for supply chain engagement on climate issues.
Metsä Board scored the highest recognition level “Platinum” in EcoVadis’ CSR ranking in 2020. With a top score of 82/100 Metsä Board is among the highest 1% of companies assessed in the in the manufacture of corrugated paper and paperboard and containers of paper and paperboard industries.
In 2020, Metsä Board received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.
In September 2020, Metsä Board received an overall ESG Risk Rating score of 16.7 and is considered by Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. Sustainalytics’ ESG Risk Ratings scores are divided into five categories ranging from Negligible (score 0-10) to Severe (40+). Scores between 10-20 are in the Low risk category.
In ISS ESG Corporate Rating (previously oekom research Corporate Rating) Metsä Board has a Prime status.
Metsä Board’s ESG performance was rated “Advanced” in Vigeo Eiris ESG assessment in November 2020.
Our main commitments:
Science Based Targets initiative
Metsä Board’s greenhouse gas emission reduction targets are approved by the Science Based Targets initiative, and they meet the most ambitious goals of the Paris Agreement, i.e. limiting global warming to 1.5°C. Metsä Board has also signed the Business Ambition for 1.5°C commitment.
UN Global Compact
Metsä Board as a part of Metsä Group is committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, environment and anti-corruption.
CEO Water Mandate
Metsä Board is also a member of the CEO Water Mandate. The CEO Water Mandate is a UN Global Compact initiative both for business leaders and learners to advance water stewardship. Participating companies are committed to continuous improvement of their operations, collective action and reporting on their progress annually.