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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 37,670a | 36,912a | 39,267b | |
Total Scope 2 | ||||
Market-Based | 3,308a | 3,229a | 5,328b | |
Location-Based | 75,652a | 76,956a | 90,715b | |
Total Scope 3 | 4,012,000a | 4,064,000a | 3,800,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.2025a | 6.1873a | 7.4111b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Metso amounted to 113,322 metric 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 Metso decreased by 0.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Metso were 37,670 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Metso reported Scope 2 greenhouse gas (GHG) emissions of 3,308 tCO₂e using the market-based method and 75,652 tCO₂e using the location-based method.a
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
In 2024, Metso reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Metso reported 4,012,000 metric tons of CO₂ equivalent (tCO₂e) 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 6 of 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
In 2024, Metso reported total Scope 3 emissions of 4,012,000 metric tons of CO₂ equivalent (tCO₂e).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
Since 2019, Metso's Scope 3 emissions have 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
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.
In 2024, the largest contributors to Metso's Scope 3 emissions were:a
In 2024, Metso reported Scope 1 greenhouse gas (GHG) emissions of 37,670 tCO₂e and total revenues of USD 5,230 millions. This translates into an emissions intensity of 7.2 tCO₂e per millions USD.a
In 2024, Metso reported a Scope 1 emissions intensity of 7.2 tCO₂e per millions USD. Compared to the peer group median of 6.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Metso ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Metso reported a total carbon footprint of 4,125,322 metric tons of CO₂ equivalent (tCO₂e) 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