EQS-News: Metsä Group and ANDRITZ are aiming for ambitious climate goals

EQS-News: Andritz AG / Key word(s): ESG
Metsä Group and ANDRITZ are aiming for ambitious climate goals

14.02.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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GRAZ, FEBRUARY 14, 2024.  Metsä Group and technology supplier ANDRITZ have
agreed to work together to reduce Scope 3 greenhouse gas emissions. Scope
3 emissions refer to emissions from the company’s value chain and
purchases, such as emissions during the sourcing of production equipment
and raw materials and the transportation and use of manufactured products.
The goal of the multi-year cooperation is to increase the effectiveness of
emission reductions and to find completely new ways to reduce greenhouse
gas emissions.

The companies have established a project group that will determine the
most significant development targets, metrics and goals during 2024, with
which the total emissions of the value chain can be reduced.

“The collaboration is a significant step for both companies. It shows how
important part of our sustainability work is to reduce emissions from the
value chain and sourcing. Together, we will find new ways to manage
greenhouse emissions that would not necessarily be recognized if companies
were operating independently,” says Jari Voutilainen, SVP Sourcing and
Logistics at Metsä Group.

“ANDRITZ is strongly committed to developing innovative solutions in
cooperation with Metsä Group, so that we can achieve our sustainability
goals together. This partnership with Metsä Group not only reflects our
commitment to advanced greenhouse gas emission management methods, which
are an integral part of our sustainability strategy, but also enables the
implementation of more effective emission reduction methods, which would
be much more challenging if acting alone,” says Ari-Pekka Määttänen, SVP
EMEA at ANDRITZ Pulp & Paper.

– End –

METSÄ GROUP
Metsä Group has its roots in the Finnish forests: our parent company
Metsäliitto Cooperative is owned by over 90,000 forest owners. We use wood
to make recyclable products for the day-to-day lives of millions of people
globally. We focus on wood supply and forest services, wood products,
pulp, paperboards, and tissue and greaseproof papers. We are committed to
the principles of regenerative forestry to measurably strengthen the state
of forest nature. We promote a culture of diversity, equality and
inclusion. In 2023 our sales totaled EUR 6.1 billion, and we have around
9,500 employees.

ANDRITZ PULP & PAPER
ANDRITZ Pulp & Paper provides sustainable technology, automation, and
service solutions for the production of all types of pulp, paper, board
and tissue. The technologies and services focus on increased production
efficiency, lower overall operating costs as well as innovative
decarbonization strategies and autonomous plant operation. ANDRITZ GROUP
is a publicly listed company with approximately 30,000 employees and more
than 280 sites in over 80 countries.

PRESS RELEASE AVAILABLE FOR DOWNLOAD
This press release is available for download at [1]andritz.com/news.

FOR FURTHER INFORMATION, PLEASE CONTACT
Susan Trast
Vice President Group Communications and Marketing
[2]susan.trast@andritz.com
[3]andritz.com

 

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14.02.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1836677

 
End of News EQS News Service

1836677  14.02.2024 CET/CEST

References

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2. susan.trast@andritz.com
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