Metsä Board Oyj

Metsä Board Oyj, based in Finland and operating within the Paper and paper products industry, reported a total of approximately 1.73 billion kg CO2e in emissions for 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for roughly 140 million kg CO2e, while Scope 2 emissions were approximately 2.1 million kg CO2e (market-based). Scope 3 emissions were the most significant, totalling approximately 1.59 billion kg CO2e.

In 2024, Metsä Board's total emissions were approximately 2.07 billion kg CO2e. Scope 1 emissions were around 192 million kg CO2e, and Scope 2 emissions were approximately 85 million kg CO2e (market-based). Scope 3 emissions for 2024 amounted to approximately 1.79 billion kg CO2e.

Metsä Board has set ambitious climate targets. The company is committed to achieving 100% fossil-free production by the end of 2030, aiming to eliminate fossil-based Scope 1 and Scope 2 emissions. This target is aligned with the Science Based Targets initiative (SBTi) and aims to limit global warming to 1.5 degrees Celsius. Furthermore, Metsä Board is targeting a 95% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, based on a 2018 baseline. They also have a specific target to reduce absolute Scope 3 GHG emissions from the end-of-life treatment of sold products by 25% by 2030, using a 2024 baseline. Additionally, Metsä Board aims to reduce greenhouse gas emissions from its purchased transport by 30% per tonne-kilometre by 2030, relative to a 2022 baseline.