Valmet Oyj

Common Name
Valmet
Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
19,232
Ticker
VALMT
Exchange
NASDAQ HELSINKI LTD
Description
Valmet Oyj is a leading global provider of process technologies, automation solutions, and services tailored for the pulp, paper, and energy industries. With origins dating back to 1750 and headquarte...

Valmet's GHG Emissions Data Preview

In 2023, Valmet 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).

Valmet has also provided a category-level breakdown for 5 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Valmet's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Valmet amounted to 86,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Valmet decreased by 11.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Valmet's Scope 1 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e-11%+13%-2%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Valmet's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Valmet were 19,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Valmet reduced its Scope 1 emissions over time?

Since 2019, Valmet's Scope 1 emissions have decreased by 7.91%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Valmet's Scope 1 emissions decreased by 6.16%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Valmet's Scope 2 emissions?

In 2023, Valmet reported Scope 2 greenhouse gas (GHG) emissions of 44,700 tCOâ‚‚e using the market-based method, and 66,200 tCOâ‚‚e using the location-based method.

Has Valmet reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Valmet's Scope 2 emissions (Location-Based) fell by 13.01% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Valmet use for Scope 2 reporting?

In 2023, Valmet reported its Scope 2 emissions using the market-based method and using the location-based method.

Valmet's Scope 2 Emissions Over Time

20192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Valmet's Value Chain Emissions

In 2023, Valmet reported 64,679,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Valmet includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Valmet's Scope 3 Emissions Over Time

2020202120222023025 M50 M75 M100 MtCO2e+30%+27%-30%
  • Total Scope 3
  • Year-over-Year Change

What are Valmet's Scope 3 emissions?

In 2023, Valmet reported total Scope 3 emissions of 64,679,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 3.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.98% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Valmet's Scope 3 emissions decreased by 30.05%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Valmet disclose?

In 2023, Valmet reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2023, the largest contributors to Valmet's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 62,727,000 tCOâ‚‚e (96.98%)
  • Purchased Goods and Services (Cat. 1): 1,736,000 tCOâ‚‚e (2.68%)
  • Upstream Transportation and Distribution (Cat. 4): 166,000 tCOâ‚‚e (0.26%)

Valmet's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.0%)Purchased Goods andServices (Cat. 1)(2.7%)

Insights into Valmet's Total Carbon Footprint

In 2023, Valmet reported a total carbon footprint of 64,765,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.03% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Valmet's total carbon footprint was Scope 3 emissions, accounting for 99.87% of the company's total carbon footprint, followed by Scope 2 emissions at 0.1%.

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