Our environmental, social and governance performance

External recognition and commitments

 
 

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:

CDP

Metsä Board has been nominated on the CDP Climate A List every year since 2016. In addition, Metsä Board has a Leadership status A- in the CDP Water and Forest Programmes and in the Supplier Engagement Rating. 

EcoVadis

Metsä Board scored the recognition level “Gold” in EcoVadis’ CSR ranking in 2019, and is included in the top 1% of companies assessed in the corrugated paper and paperboard industry.

MSCI

In 2019, Metsä Board received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.

Sustainalytics

In December 2019 , Metsä Board received an overall ESG Risk Rating score of 17.6 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.

ISS ESG

In ISS ESG Corporate Rating (previously oekom research Corporate Rating) Metsä Board has a Prime status.

Vigeo Eiris

Metsä Board’s ESG performance was rated “Advanced” in Vigeo Eiris ESG assessment in July 2019.

 

Our main commitments:

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.

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.

 

Print