Valmet Recognized as Global Leader in Climate Action by CDP
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Valmet, Finland, has been recognized for its actions and strategy to mitigate climate change by CDP, the international not-for-profit organization that promotes sustainability. Valmet maintains its leadership position in CDP's climate program ranking by achieving the second-best A- rating. The CDP's climate change program results were released on Oct. 24, 2017.
"This year, CDP had set the threshold higher than in the previous years, which makes our achievement even more significant. This is a great acknowledgement of our contribution to climate change mitigation. We are continuously developing technologies that enable the use of renewable raw materials and increase raw material efficiency. We also have a systematic program to reduce CO2 emissions in our own operations. Recently, we set new targets for this program spanning to year 2030 to drive continuous improvement in environmental performance in the long term," said Pasi Laine, president and CEO of Valmet.
Valmet's mission is to convert renewable resources into sustainable results. Valmet's comprehensive Sustainability360º agenda focuses on five core areas: sustainable supply chain; health, safety and environment; people and performance; sustainable solutions, and corporate citizenship.
In September 2017, Valmet was recognized for its consistent progress in sustainability as it was included in the Dow Jones Sustainability World and Europe indices for the fourth consecutive year. Valmet was also reconfirmed as a constituent of the Ethibel Sustainability Index Excellence Europe.
CDP, formerly the Carbon Disclosure Project, is an international not-for-profit organization that runs a global disclosure system enabling companies, cities, states, and regions to measure and manage their environmental impacts.
The CDP Global Climate Change Report 2017, with the climate scores of all companies publicly taking part in CDP's climate change program this year, is available on CDP's website.