Press release submitted on behalf of Metsä Board

Metsä Board, part of Metsä Group, Norwalk, Connecticut, has been recognized for leadership in corporate transparency and performance on climate change, forests and water security by global environmental non-profit CDP. Based on data reported through CDP’s 2024 Climate Change, Forests and Water Security thematic questionnaires, Metsä Board is one of a small number of companies that achieved a triple A, out of over 22,000 companies scored. This is the third time that Metsä Board scored the prestigious triple ‘A’.

“We have ambitious sustainability targets including 100% fossil free production and products, and reduced process water use by the end of 2030. In our wood supply, we promote regenerative forestry practices to strengthen the status of forest nature. The high score in CDP assessments year after year is a confirmation on the positive progress of our systematic work,” says Mika Joukio, CEO of Metsä Board.

This is the ninth year that Metsä Board achieved the position on the CDP Climate A list and the CDP Water A list, and the third time on the CDP Forest A list. The measures the company is taking towards its 2030 targets on climate change and water use are publicly available in a detailed and interactive roadmap on the company’s website.

CDP’s annual environmental disclosure and scoring process is widely recognized as the leading standard of corporate environmental transparency. The full list of companies that made this year’s A List will be published on CDP’s website in early 2025, along with other publicly available company scores: https://www.cdp.net/en/data/scores.

Metsä Board
Metsä Board is a producer of lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a safe, renewable and recyclable resource, that can be traced back to northern forests. We aim to have completely fossil free mills and raw materials by the end of 2030. We promote a culture of diversity, equality and inclusion.

Metsä Board is listed on the Nasdaq Helsinki. In 2023 our sales totaled EUR 1.9 billion, and we have around 2,300 employees. Metsä Board is part of Metsä Group, whose parent company Metsäliitto Cooperation is owned by over 90,000 Finnish forest owners. For more information, visit www.metsagroup.com/metsaboard.