The main principles of Metsä Board’s Environmental Policy are environmental responsibility, energy, water and material efficiency, the promotion of sustainable forestry and requiring environmental and social responsibility from our suppliers.
When defining our opportunities and challenges with regard to sustainability or our competitiveness, we need to also carefully consider global macro trends such as: climate change, the global scarcity of water, deforestation, ever tightening regulations on transportation and waste management, governmental incentives for the use of wood in energy generation, and energy taxation. Our analyses of the future prospects for Metsä Board indicate that our business provides good opportunities, but that there are also some risks requiring active mitigation.
Managing environmental impacts
We work actively to minimise and manage all environmental impacts related to our operations. We take a proactive approach to environmental risk management that includes assessing, monitoring and mitigating all the environmental risks related to our partners’ operations as well as our own operations. We manage environmental risks by complying with the limits set in the mills’ environmental permits on factors such as discharges to water, emissions to air, noise, and accidental releases. We also conduct regular environmental risk analyses and audits at our production units.
All Metsä Board’s production units have certified ISO 9001 quality systems and ISO 14001 environmental management systems in place, as well as a PEFC™ and FSC® certified chain of custody system that enables the amount of certified wood in our products to be reliably verified. Our certified quality and environmental systems are integrated with the chain of custody system which allows us to track and control the origin of all the wood we use.
All our production units have also introduced the certified Energy Efficiency System (EES), which serves as a systematic management tool for reducing energy consumption and carbon dioxide emissions, and all our units are certified according to the ISO 50 001 Energy management system.
At an operational level, Metsä Board’s production units continuously carry out small scale investment projects designed to upgrade their production facilities and to reduce environmental loads and environmental risks at our mills. These upgrades have focused on making more efficient use of raw materials, water and energy, as well as on reducing emissions.
Green finance at Metsä Board
Metsä Group, which Metsä Board is a part of, has a Green Finance Framework, which integrates sustainable development and climate change mitigation to Metsä Group’s financing activities. Metsä Board’s future financing may be arranged under this framework.
The Green Finance Framework focuses on environmentally sustainable investments such as increasing the share of renewable energy, improving resource and energy efficiency or reducing the water usage. The framework is based on Metsä Group’s strategy and sustainability targets for 2030.
about green finance on Metsä Board's webpage for investors.