BUSINESS OPERATIONS AND VALUE CREATION
SUSTAINABILITY REPORT
FINANCIAL DEVELOPMENT
GOVERNANCE
Disclosure in accordance with the SASB Standard
Our reporting concerning 2022 follows the SASB Industry Standard for Pulp & Paper Products, which falls under the SASB Industry Class Renewable Resources & Alternative Energy. Referenc- es to more detailed information are given in the table. The data in the table have been assured by an independent third-party (limited assurance). For the Assurance Report, see page 68.
CODE
ACCOUNTING METRIC
CATEGORY COMMENTS AND REFERENCES
Greenhouse gas emissions RR-PP-110a.1.
Gross global Scope 1 emissions (gross)
Quantitative 236,037 tonnes of fossil-based Scope 1 carbon dioxide emissions.
We also disclose fossil-based Scope 2 carbon dioxide emissions, Scope 3 greenhouse gas emissions as well as biogenic carbon dioxide emissions (p. 33). For Scopes 1 and 2 the emissions of other greenhouse gases are estimated to be very low and immaterial in terms of the disclosures. Our target is to reduce our Scope 1 and market-based Scope 2 emissions by 100% from the baseline year of 2018 by the end of 2030. According to the target, all our mills will abandon the use of fossil-based energy sources, and thereby our fossil-based Scope 1 and Scope 2 emissions will reduce to zero. In 2018–2022, our Scope 1 and 2 emissions per tonne produced reduced by 33%. Further information about our progress in this respect and on our plan for achieving the target can be found on pp. 32–33.
RR-PP-110a.2
Discussion of long-term and short- term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets.
Discussion and analysis
Air quality RR-PP-120a.1
NO X (excluding N 2 O)
Quantitative 1,226 tonnes (as NO 2 )
SO 2 Quantitative 418 tonnes Volatile Organic Compounds (VOCs) Quantitative Our production processes do not generate substantial amounts of VOCs
and Metsä Board is not obligated to measure them regularly. This is why Metsä Board does not consider VOCs material in terms of the disclosures.
Particulate matter (PM)
Quantitative 285 tonnes
Hazardous Air Pollutants (HAPs)
Quantitative Our production processes do not generate substantial amounts of HAPs and Metsä Board is not obligated to measure them regularly. This is why Metsä Board does not consider HAPs material in terms of the disclosures.
Energy management RR-PP-130a.1
Total energy consumed
Quantitative 8,561 GWh (according to the GRI calculation method, end-use)
In accordance with the established practice, we disclose energy consump- tion as gigawatt hours and based on lower heating values (pp. 34–35).
Percentage grid electricity
Quantitative 22%
Percentage from biomass
Quantitative 67%
Percentage from other renewable energy
Quantitative 3%
In addition to renewable energy sources, nuclear power produced without fossil fuels plays an important role in achieving our fossil free target
Total self-generated energy
Quantitative 4,941 GWh
of which 4,345 GWh is renewable energy and 67 GWh was sold outside Metsä Board. Sold energy was mainly based on bio-based energy sources The biomass we use is mainly based on the use of the black liquor, bark and logging residue generated in the context of our production and wood supply. A risk analysis has been performed in terms of the biomass, and all the biomass we use is climate neutral in accordance with EU regula- tions and meets the EU’s sustainability criteria. Should the sustainability criteria change in the long run, some additional costs may be allocated to biomass’s energy use.
Risks and uncertainties related to the use of biomass as an energy source
Discussion and analysis
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