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Metso’s GHG targets recognised as ‘science-based’

Posted on 28 Nov 2019

Metso’s greenhouse gas (GHG) emission targets have won the approval of the Science Based Targets initiative (SBTi), demonstrating the mining equipment and service provider is doing its fair share in trying to achieve the global climate change goals as set out in the 2015 Paris Agreement.

The GHG targets are part of Metso’s Climate Program and, the company says, are applicable to all relevant emission sources: production, procurement, inbound and outbound transportation as well as the use of Metso’s products.

The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. The initiative aims at promoting science-based target setting and driving down GHG emissions.

The initiative is tied to the 2015 Paris Agreement, which saw 195 of the world’s governments commit to prevent dangerous climate change by limiting global warming to below 2°C.

Metso says it is one of the few corporations in its field to join SBTi in the efforts to prevent global warming.

As a scope 1 and 2 GHG target, Metso has committed to a 25% reduction in carbon emissions in production by 2030. This is achievable by investing in renewable energy and improving the energy efficiency of the production processes, the company said.

“Metso demands sustainability not only of its own production, but also 30% of its suppliers in terms of spend are required to set science-based emission targets by 2024,” the company said.

By streamlining transportation routes and optimising warehouse locations, Metso aims for a 20% reduction in transportation emissions by 2025 (scope 3 GHG emissions target).

Through extensive research and development work, Metso has been able to significantly reduce the energy consumption in customer processes, it said. To continue this development, the company is aiming for a 10% reduction in GHG emissions in the most “energy-intensive customer processes” using Metso products by 2025.

“This is further reinforced by the demanding energy-efficiency targets in all Metso R&D projects. As supportive actions, Metso will also offset flight emissions by 100% by 2021 and continue to find new ways to decrease emissions, for example, in offices,” it said.

Metso President and CEO, Pekka Vauramo, said: “We are extremely happy about the ratification of our science-based CO2 emissions targets.

“Our Climate Program is an important step in our goal of reducing greenhouse gas emissions. It is also an essential element in Metso being a responsible and trusted partner to our customers. We aim to improve our customers’ productivity in a sustainable manner, and we involve all our stakeholders in reaching this goal.”

For Metso, Scope 1 emissions are generated from fuels used in production, Scope 2 emissions are generated from the purchased energy and Scope 3 emissions are generated from transportation, procurement, travelling and product use, it said.

In 2018, Metso’s emissions clocked in at over 1 Mt of CO2, including 655,732 t from purchased goods and services, 136,968 t related to production, 161,629 t in “upstream” transportation, 77,821 t in “downstream” transportation and 22,256 t in business flights.

At the same time, the emissions saved in Metso product use in 2018 amounted to more than 1.07 Mt of CO2 through its energy-efficient grinding solutions HRC™, Vertimill® and SMD (stirred media detritor).