Valmet Automotive
Valmet Automotive, headquartered in Finland (FI), is a prominent player in the automotive industry, specialising in contract manufacturing and engineering services. Founded in 1968, the company has established itself as a key partner for leading automotive brands, with major operations across Europe and a growing presence in electric vehicle production. Valmet Automotive offers a unique blend of services, including vehicle manufacturing, battery systems, and engineering solutions, tailored to meet the evolving demands of the automotive market. The company is recognised for its innovative approach and commitment to quality, positioning itself as a trusted supplier in the rapidly changing landscape of mobility. With a strong focus on sustainability and advanced manufacturing techniques, Valmet Automotive has achieved significant milestones, including the production of electric vehicles and a robust portfolio of partnerships. This dedication to excellence has solidified its reputation as a leader in the automotive sector.
DitchCarbon Score
How does Valmet Automotive's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Valmet Automotive's score of 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Valmet Automotive's reported carbon emissions
In 2022, Valmet Automotive reported total carbon emissions of approximately 7,924,000 kg CO2e for Scope 1 and 446,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2022 as the base year. Additionally, Valmet Automotive is targeting a 25% reduction in absolute Scope 3 emissions within the same timeframe. In 2021, the company recorded Scope 1 emissions of about 7,677,000 kg CO2e and Scope 2 emissions of approximately 449,000 kg CO2e. The Scope 3 emissions for that year were significantly higher, totalling around 137,800,000 kg CO2e, indicating the substantial impact of upstream and downstream activities in their overall carbon footprint. Valmet Automotive's commitment to these reduction targets aligns with industry standards for climate action, reflecting a proactive approach to mitigating climate change impacts. The targets are consistent with the reductions required to limit global warming to 1.5°C, demonstrating the company's dedication to sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 7,638,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,832,100 | 000,000 | 000,000 |
| Scope 3 | 122,047,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Valmet Automotive is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
