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Metsa Board Oyj

Common Name
Metsa Board
Country
Finland
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
2,466
Ticker
METSB
Exchange
NASDAQ HELSINKI LTD
Description
Metsa Board Oyj is a leading European producer of premium fresh fibre paperboards, including folding boxboards and white kraftliners. Known for their quality and sustainability, these products are pri...

Metsa Board's GHG Emissions Data Preview

In 2024, Metsa Board completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Metsa Board has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Metsa Board’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Metsa Board’s data sources below and access millions more through our Disclosure Search.

a. Metsa Board's Annual Review 2024
a. Metsa Board's Annual Review 2024

Insights into Metsa Board's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMetsa Board amounted to451,593metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Metsa Boarddecreased by 9.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Metsa Board's Scope 1 Emissions Over Time

20232024055 k110 k165 k220 ktCO2e-5%
  • Total Scope 1
  • Year-over-Year Change

What are Metsa Board's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Metsa Board were 192,098 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Metsa Board's Scope 1 emissions decreased by 5.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Metsa Board's Scope 2 emissions?

In 2024, Metsa Board reported Scope 2 greenhouse gas (GHG) emissions of 84,989 tCOâ‚‚e using the market-based method and 259,495 tCOâ‚‚e using the location-based method.a

Has Metsa Board reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Metsa Board's Scope 2 emissions(Location-Based) fell by 13.32% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Metsa Board use for Scope 2 reporting?

In 2024, Metsa Board reported its Scope 2 emissions using the market-based method and using the location-based method.a

Metsa Board's Scope 2 Emissions Over Time

20232024075 k150 k225 k300 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Metsa Board's Value Chain Emissions

In 2024, Metsa Board reported 1,789,138 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Metsa Board includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Metsa Board's Scope 3 Emissions Over Time

202320240450 k900 k1.35 M1.8 MtCO2e0%
  • Total Scope 3
  • Year-over-Year Change

What are Metsa Board's Scope 3 emissions?

In 2024, Metsa Board reported total Scope 3 emissions of 1,789,138 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 50.2%of these emissions originated from upstream activities such as purchased goods and capital goods, while 49.8%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Metsa Board's Scope 3 emissions remained relatively stable, indicating that Metsa Board's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Metsa Board disclose?

In 2024, Metsa Board reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Metsa Board's Scope 3 emissions?

In 2024, the largest contributors to Metsa Board's Scope 3 emissions were:a

  • End-of-Life Treatment of Sold Products (Cat. 12): 563,093 tCOâ‚‚e(31.47%)
  • Purchased Goods and Services (Cat. 1): 485,533 tCOâ‚‚e(27.14%)
  • Upstream Transportation and Distribution (Cat. 4): 300,233 tCOâ‚‚e(16.78%)

Metsa Board's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(16.8%)End-of-LifeTreatment of SoldProducts (Cat. 12)(31.5%)Purchased Goods andServices (Cat. 1)(27.1%)

Insights into Metsa Board’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Metsa Board reported Scope 1 greenhouse gas (GHG) emissions of 192,098 tCOâ‚‚e and total revenues of USD 2,017 millions. This translates into an emissions intensity of 95.22 tCOâ‚‚e per millions USD.a

Metsa Board's Scope 1 Emissions Intensity Compared to Peers

2005,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)CFMOroraYear: 2025Scope 1: 1,257,000 tCO2eRevenue: $M 1,376Scope 1 Intensity: 913.55 tCO2e/$MTaiwan Hon Chuan EnterpriseYear: 2023Scope 1: 20,062 tCO2eRevenue: $M 861Scope 1 Intensity: 23.30 tCO2e/$MVidralaYear: 2024Scope 1: 919,171 tCO2eRevenue: $M 1,656Scope 1 Intensity: 555.12 tCO2e/$MGreifYear: 2024Scope 1: 625,000 tCO2eRevenue: $M 4,355Scope 1 Intensity: 143.52 tCO2e/$MElopakYear: 2024Scope 1: 4,379 tCO2eRevenue: $M 14,259Scope 1 Intensity: 0.31 tCO2e/$MCCCabkaYear: 2024Scope 1: 3,914 tCO2eRevenue: $M 189Scope 1 Intensity: 20.68 tCO2e/$MFFFPYear: 2024Scope 1: 7,815 tCO2eRevenue: $M 1,467Scope 1 Intensity: 5.33 tCO2e/$MToyo Seikan Group HoldingsYear: 2024Scope 1: 374,000 tCO2eRevenue: $M 6,277Scope 1 Intensity: 59.58 tCO2e/$MHuhtamakiYear: 2024Scope 1: 218,431 tCO2eRevenue: $M 4,294Scope 1 Intensity: 50.87 tCO2e/$MYUTOYear: 2024Scope 1: 21,504 tCO2eRevenue: $M 2,351Scope 1 Intensity: 9.15 tCO2e/$MShanghai Xintonglian PackingYear: 2024Scope 1: 1,370 tCO2eRevenue: $M 120Scope 1 Intensity: 11.41 tCO2e/$MHexagon CompositesYear: 2024Scope 1: 2,637 tCO2eRevenue: $M 428Scope 1 Intensity: 6.16 tCO2e/$MAvery DennisonYear: 2024Scope 1: 238,000 tCO2eRevenue: $M 8,756Scope 1 Intensity: 27.18 tCO2e/$MPackaging Corp of AmericaYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 8,383Scope 1 Intensity: 238.57 tCO2e/$MSIG GroupYear: 2024Scope 1: 20,100 tCO2eRevenue: $M 3,270Scope 1 Intensity: 6.15 tCO2e/$MMMMacfarlane GroupYear: 2024Scope 1: 4,535 tCO2eRevenue: $M 339Scope 1 Intensity: 13.36 tCO2e/$MZignago VetroYear: 2024Scope 1: 228,537 tCO2eRevenue: $M 473Scope 1 Intensity: 483.19 tCO2e/$MVeralliaYear: 2024Scope 1: 2,166,000 tCO2eRevenue: $M 3,596Scope 1 Intensity: 602.26 tCO2e/$MSealed AirYear: 2024Scope 1: 158,005 tCO2eRevenue: $M 5,393Scope 1 Intensity: 29.30 tCO2e/$MFuji Seal InternationalYear: 2024Scope 1: 47,501 tCO2eRevenue: $M 1,298Scope 1 Intensity: 36.59 tCO2e/$MArdagh Metal PackagingYear: 2024Scope 1: 157,506 tCO2eRevenue: $M 4,908Scope 1 Intensity: 32.09 tCO2e/$MMetsa BoardYear: 2024Scope 1: 192,098 tCO2eRevenue: $M 2,017Scope 1 Intensity: 95.22 tCO2e/$M

How does Metsa Board's GHG emissions intensity compare to its peers?

In 2024, Metsa Board reported a Scope 1 emissions intensity of 95.22 tCOâ‚‚e per millions USD. Compared to the peer group median of 29.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Metsa Board rank on GHG emissions intensity within its industry?

In 2024, Metsa Board ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Metsa Board is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Metsa Board's Total Carbon Footprint

In 2024, Metsa Board reported a total carbon footprint of 2,240,731 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.3% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Metsa Board's total carbon footprint was Scope 3 emissions, accounting for 79.85% of the company's total carbon footprint, followed by Scope 2 emissions at 11.58%.a

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