Valmet Oyj's press release on October 30, 2017 at 1:00 p.m. EET
Valmet has been recognized for its actions and strategy to mitigate climate change by CDP, the international not-for-profit organization that promotes sustainability. Valmet maintains its leadership position in CDP's climate program ranking by achieving the second-best A- rating. The CDP's climate change program results were released on October 24, 2017.
"This year, CDP had set the threshold higher than in the previous years which makes our achievement even more significant. This is a great acknowledgement of our contribution to climate change mitigation. We are continuously developing technologies that enable the use of renewable raw materials and increase raw material efficiency. We also have a systematic program to reduce CO2 emissions in our own operations. Recently, we set new targets for this program spanning to year 2030 to drive continuous improvement in environmental performance in the long term," says PasiLaine, President and CEO of Valmet.
Valmet's mission is to convert renewable resources into sustainable results. Valmet's comprehensive Sustainability360º agenda focuses on five core areas: sustainable supply chain; health, safety and environment; people and performance; sustainable solutions, and corporate citizenship.
In September 2017, Valmet was recognized for its consistent progress in sustainability as it was included in the Dow Jones Sustainability World and Europe indices for the fourth consecutive year. Valmet was also reconfirmed as a constituent of the Ethibel Sustainability Index Excellence Europe.
About CDP
CDP, formerly the Carbon Disclosure Project, is an international not-for-profit organization that runs a global disclosure system enabling companies, cities, states and regions to measure and manage their environmental impacts.
The CDP Global Climate Change Report 2017 with the climate scores of all companies publicly taking part in CDP's climate change program this year, is available on CDP's website http://www.cdp.net (http://www.cdp.net).
VALMET
Corporate Communications
For further information, please contact:
Anu Salonsaari-Posti, SVP, Marketing, Communications and Sustainability, Valmet, tel. +358 50 453 4262
Laura Puustjärvi, Head of Sustainability, Valmet, tel. +358 50 337 4473
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.
Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.
Read more www.valmet.com (http://www.valmet.com), www.twitter.com/valmetglobal (http://www.twitter.com/valmetglobal)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valmet via Globenewswire
