Metsä Board Corporation is a Finnish company that operates in the Corrugated Packaging Matl sector. The company is committed to sustainability and has set ambitious goals to reduce its carbon footprint and promote renewable energy. In this article, we will explore Metsä Board Corporation's efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation

Metsä Board Corporation is committed to decarbonisation and has set a target to reduce its carbon footprint by 30% by 2030. The company has already made significant progress towards this goal. In 2020, Metsä Board Corporation's carbon footprint was 23% lower than in 2010. The company has achieved this by investing in renewable energy, improving energy efficiency, and reducing waste.

Metsä Board Corporation has also joined the Science Based Targets initiative (SBTi), which aims to help companies set science-based targets to reduce their greenhouse gas emissions. The SBTi provides a framework for companies to set targets that are in line with the Paris Agreement's goal of limiting global warming to 1.5°C above pre-industrial levels.

Corporate Energy

Metsä Board Corporation is committed to using energy efficiently and has implemented a range of measures to reduce its energy consumption. The company has invested in energy-efficient equipment, improved its production processes, and implemented energy management systems.

Metsä Board Corporation has also implemented a corporate energy policy that sets out the company's commitments to energy efficiency and renewable energy. The policy includes targets for reducing energy consumption, increasing the use of renewable energy, and improving energy efficiency.

Corporate PPA

Metsä Board Corporation has signed a corporate power purchase agreement (PPA) with a wind farm in Finland. The PPA allows Metsä Board Corporation to purchase renewable energy directly from the wind farm, which helps to reduce the company's carbon footprint.

The wind farm is located in the municipality of Pyhäjoki in northern Finland and has a capacity of 132 MW. The wind farm is owned by Taaleri Energia, a Finnish renewable energy company.

The PPA is part of Metsä Board Corporation's commitment to using renewable energy. The company has set a target to increase the use of renewable energy to 50% by 2030.

Renewable Energy

Metsä Board Corporation is committed to using renewable energy and has invested in a range of renewable energy sources. The company has implemented a biomass-based energy system that uses wood-based fuels to generate heat and electricity. The system has reduced the company's reliance on fossil fuels and has helped to reduce its carbon footprint.

Metsä Board Corporation has also invested in wind power. The company has a 9.9% stake in a wind farm in Sweden that has a capacity of 48 MW. The wind farm is owned by Stena Renewable AB, a Swedish renewable energy company.

In addition to wind power and biomass, Metsä Board Corporation is also exploring other renewable energy sources, such as solar power. The company has installed solar panels at its headquarters in Espoo, Finland, and is evaluating the potential for further solar installations at its other sites.

Conclusion

Metsä Board Corporation is a Finnish company that operates in the Corrugated Packaging Matl sector. The company is committed to sustainability and has set ambitious goals to reduce its carbon footprint and promote renewable energy. Metsä Board Corporation's efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy demonstrate its commitment to sustainability and its leadership in the transition to a low-carbon economy.