Contents
Business operations
In line with our strategy, we invest in sustainable growth. 9
and value creation 2 This is Metsä Board 4 CEO’s review 6 Highlights of the year 8 Strategy and targets 10 Value creation 12 Operating environment 16
Product and service development
16
Sustainability report Sustainability management
We help our customers achieve their sustainability targets.
20 22 23 24 26 42 52 60
Progress in 2030 sustainability targets
Material topics
Material flows and circular economy
E – Environment
S – Social responsibility
G – Sustainability governance
20
Mill-specific information
61
Production capacities and environmental permit limit violations Disclosure in accordance with SASB Standard Disclosure in accordance with TCFD recommendations
The mitigation of climate change, promotion of the bioeconomy and the circular economy, and resource efficiency are strong drivers of our operations.
62 64 66
Principles of sustainability reporting
Financial development Report of the Board of Directors Consolidated financial statements
72 90 94
34 and 41 To achieve our climate and water targets by the end of 2030, we have mill-specific plans for investments and measures.
Notes to the consolidated financial statements
141 Parent company financial statements 144 Notes to the parent company financial statements 157 Auditor’s Report 161 Shares and shareholders 167 Taxes and key figures Corporate governance
169 Corporate governance statement 176 Board of Directors of Metsä Board
178 Corporate Management Team of Metsä Board 180 Investor relations and investor information
1
METSÄ BOARD ANNUAL AND SUSTAINABILITY REPORT 2022
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