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Valmet Oyj

Common Name
Valmet
Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
18,842
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 2024, 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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a
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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Valmet’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 Valmet’s data sources below and access millions more through our Disclosure Search.

a. Valmet's Financial Report 2024
a. Valmet's Financial Report 2024
b. Valmet's GRI index 2023
b. Valmet's GRI index 2023

Insights into Valmet's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofValmet amounted to95,207metric 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 Valmetincreased by 10.71%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Valmet's Scope 1 Emissions Over Time

20192020202120222023202405.5 k11 k16.5 k22 ktCO2e-11%+13%-2%-6%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Valmet's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Valmet were 20,395 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Valmet reduced its Scope 1 emissions over time?

Since 2019, Valmet's Scope 1 emissions have decreased by 5.24%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Valmet's Scope 1 emissions increased by 3.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Valmet's Scope 2 emissions?

In 2024, Valmet reported Scope 2 greenhouse gas (GHG) emissions of 45,923 tCOâ‚‚e using the market-based method and 74,812 tCOâ‚‚e using the location-based method.a

Has Valmet reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Valmet's Scope 2 emissions(Location-Based) rose by 13.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Valmet use for Scope 2 reporting?

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

Valmet's Scope 2 Emissions Over Time

201920202021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Valmet's Value Chain Emissions

In 2024, Valmet reported 39,559,000 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 Valmet includes a breakdown across 4of 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

Valmet's Scope 3 Emissions Over Time

201920202021202220232024025 M50 M75 M100 MtCO2e+11%+30%+27%-30%-39%
  • Total Scope 3
  • Year-over-Year Change

What are Valmet's Scope 3 emissions?

In 2024, Valmet reported total Scope 3 emissions of 39,559,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 4.19%of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.81%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Valmet reduced its Scope 3 emissions over time?

Since 2019, Valmet's Scope 3 emissionshave decreased by 21.43%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Valmet's Scope 3 emissions decreased by 38.84%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Valmet disclose?

In 2024, 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.

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

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

  • Use of Sold Products (Cat. 11): 37,900,000 tCOâ‚‚e(95.81%)
  • Purchased Goods and Services (Cat. 1): 1,462,000 tCOâ‚‚e(3.7%)
  • Upstream Transportation and Distribution (Cat. 4): 144,000 tCOâ‚‚e(0.36%)

Valmet's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(3.7%)Use of Sold Products(Cat. 11)(95.8%)

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

In 2024, Valmet reported Scope 1 greenhouse gas (GHG) emissions of 20,395 tCOâ‚‚e and total revenues of USD 5,577 millions. This translates into an emissions intensity of 3.66 tCOâ‚‚e per millions USD.a

Valmet's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)MetsoYear: 2024Scope 1: 37,670 tCO2eRevenue: $M 5,061Scope 1 Intensity: 7.44 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$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: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$M

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

In 2024, Valmet reported a Scope 1 emissions intensity of 3.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.72, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Valmet ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Valmet's Total Carbon Footprint

In 2024, Valmet reported a total carbon footprint of 39,654,207 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Valmet's total carbon footprint was Scope 3 emissions, accounting for 99.76% of the company's total carbon footprint, followed by Scope 2 emissions at 0.19%.a

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