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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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). a
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. a
In 2023, the total Scope 1 emissions of Valmet were 19,800 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Valmet's Scope 1 emissions have decreased by 7.91%, reflecting a declining long-term trend in Scope 1 emissions over time. a
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. a
In 2023, Valmet reported Scope 2 greenhouse gas (GHG) emissions of 44,700 tCO₂e using the market-based method and 66,200 tCO₂e using the location-based method. a
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. a
In 2023, Valmet reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Valmet reported 64,679,000 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 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. a
In 2023, Valmet reported total Scope 3 emissions of 64,679,000 metric tons of CO₂ equivalent (tCO₂e). a
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. a
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. a
In 2023, Valmet reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Valmet's Scope 3 emissions were: a
In 2023, Valmet reported a total carbon footprint of 64,765,000 metric tons of CO₂ equivalent (tCO₂e) 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. a
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%. a