Valmet

Valmet's reported carbon emissions

Valmet, headquartered in Finland, reported total GHG emissions of approximately 64.4 billion kg CO2e in 2025. This includes Scope 1 emissions of about 21 million kg CO2e, Scope 2 emissions of approximately 34 million kg CO2e (market-based), and substantial Scope 3 emissions totalling around 64.3 billion kg CO2e. Scope 3 emissions are predominantly driven by the use of sold products, accounting for approximately 62.8 billion kg CO2e, followed by purchased goods and services at about 1.27 billion kg CO2e, and upstream transportation and distribution at roughly 184 million kg CO2e. Business travel contributed about 45 million kg CO2e. For 2024, Valmet's total GHG emissions were approximately 39.4 billion kg CO2e. Scope 1 emissions were about 22 million kg CO2e, Scope 2 emissions (market-based) were around 46 million kg CO2e, and Scope 3 emissions were approximately 39.3 billion kg CO2e, with the use of sold products being the largest contributor at about 37.9 billion kg CO2e. Valmet has set ambitious climate commitments. The company aims to reduce its CO2 emissions in its own operations (Scope 1 and 2) by 80% by 2030, using 2019 as a baseline year. This commitment is aligned with keeping global warming to 1.5°C. Furthermore, Valmet has a target to enable 100% carbon-neutral pulp and paper production for its customers by 2030. In terms of Scope 3 emissions, Valmet has committed to reducing emissions from purchased goods and services and upstream transportation and distribution by 20%, from the use of sold products by 60%, and from business travel by 30% by 2030, also from a 2019 baseline. The company's targets cover biogenic emissions and removals from bioenergy feedstocks. Valmet's SBTi-validated near-term targets are on track for Scope 2 and for the use of sold products, as well as Scope 3 upstream emissions, indicating progress towards its reduction goals.