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Metso Oyj

Common Name
Metso
Country
Finland
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
16,836
Ticker
METSO
Exchange
NASDAQ HELSINKI LTD
Description
Metso Corporation is a Finnish industrial machinery company specializing in advanced process technology, equipment, and services for the minerals, metals, and aggregates sectors. Its core function is ...

Metso's GHG Emissions Data Preview

In 2024, Metso 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).

Metso has also provided a category-level breakdown for 6 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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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Metso’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 Metso’s data sources below and access millions more through our Disclosure Search.

a. Metso's Financial Report 2024
a. Metso's Financial Report 2024
b. Metso's Annual Report 2023
b. Metso's Annual Report 2023

Insights into Metso's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMetso amounted to113,322metric 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 Metsodecreased by 0.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Metso's Scope 1 Emissions Over Time

201920202021202220232024010 k20 k30 k40 ktCO2e-13%+17%+1%-6%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Metso's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Metso were 37,670 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Metso reduced its Scope 1 emissions over time?

Since 2019, Metso's Scope 1 emissions have remained relatively, stable, indicating that Metso's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year(2023), Metso's Scope 1 emissions increased by 2.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Metso's Scope 2 emissions?

In 2024, Metso reported Scope 2 greenhouse gas (GHG) emissions of 3,308 tCOâ‚‚e using the market-based method and 75,652 tCOâ‚‚e using the location-based method.a

Has Metso reduced its Scope 2 emissions over time?

Since 2019, Metso's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Metso's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Metso's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Metso's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Metso use for Scope 2 reporting?

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

Metso's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Metso's Value Chain Emissions

In 2024, Metso reported 4,012,000 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 Metso includes a breakdown across 6of 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

Metso's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e+19%+21%+3%+7%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Metso's Scope 3 emissions?

In 2024, Metso reported total Scope 3 emissions of 4,012,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 23.8%of these emissions originated from upstream activities such as purchased goods and capital goods, while 76.2%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Metso reduced its Scope 3 emissions over time?

Since 2019, Metso's Scope 3 emissionshave increased by 57.27%, reflecting a rising long-term trend in Scope 3 emissions over time.a

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

What categories of Scope 3 emissions does Metso disclose?

In 2024, Metso reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Use of Sold Products (Cat. 11): 3,057,000 tCOâ‚‚e(76.2%)
  • Purchased Goods and Services (Cat. 1): 746,000 tCOâ‚‚e(18.59%)
  • Upstream Transportation and Distribution (Cat. 4): 94,000 tCOâ‚‚e(2.34%)

Metso's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(18.6%)UpstreamTransportation andDistribution(Cat. 4)(2.3%)Use of Sold Products(Cat. 11)(76.2%)

Insights into Metso’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Metso reported Scope 1 greenhouse gas (GHG) emissions of 37,670 tCOâ‚‚e and total revenues of USD 5,061 millions. This translates into an emissions intensity of 7.44 tCOâ‚‚e per millions USD.a

Metso's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)ConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2024Scope 1: 3,497 tCO2eRevenue: $M 781Scope 1 Intensity: 4.48 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2024Scope 1: 8,100 tCO2eRevenue: $M 1,790Scope 1 Intensity: 4.52 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MWartsila Oyj AbpYear: 2024Scope 1: 37,066 tCO2eRevenue: $M 6,711Scope 1 Intensity: 5.52 tCO2e/$MAspoYear: 2024Scope 1: 179,675 tCO2eRevenue: $M 617Scope 1 Intensity: 291.36 tCO2e/$MScanfilYear: 2024Scope 1: 1,706 tCO2eRevenue: $M 812Scope 1 Intensity: 2.10 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2023Scope 1: 365 tCO2eRevenue: $M 161Scope 1 Intensity: 2.27 tCO2e/$MGlaston Oyj AbpYear: 2023Scope 1: 552 tCO2eRevenue: $M 243Scope 1 Intensity: 2.27 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MLassila & TikanojaYear: 2024Scope 1: 26,450 tCO2eRevenue: $M 802Scope 1 Intensity: 32.98 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$MHiabYear: 2024Scope 1: 13,627 tCO2eRevenue: $M 1,714Scope 1 Intensity: 7.95 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MKonecranes AbpYear: 2024Scope 1: 35,000 tCO2eRevenue: $M 4,394Scope 1 Intensity: 7.97 tCO2e/$MMetsoYear: 2024Scope 1: 37,670 tCO2eRevenue: $M 5,061Scope 1 Intensity: 7.44 tCO2e/$M

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

In 2024, Metso reported a Scope 1 emissions intensity of 7.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 6, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Metso rank on GHG emissions intensity within its industry?

In 2024, Metso ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Metso's Total Carbon Footprint

In 2024, Metso reported a total carbon footprint of 4,125,322 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Metso's total carbon footprint was Scope 3 emissions, accounting for 97.25% of the company's total carbon footprint, followed by Scope 2 emissions at 1.83%.a

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