Valmet Corporation's press release on May 23, 2016 at 11:00 a.m. EET
Valmet has defined new action plans for its sustainability agenda for 2016-2018. The action plans include detailed actions and targets for each sustainability focus area. The new action plans were defined based on an extensive agenda review conducted in early 2016.
Valmet defined the sustainability agenda initially in early 2014, and has systematically worked to implement the actions set for each of its focus areas. The agenda is called Sustainability360º and it takes a comprehensive approach to sustainability in our operations. The agenda focuses on five core areas: sustainable supply chain; health, safety and environment; people and performance; sustainable solutions, and corporate citizenship.
"Our systematic execution of the previous action plans has led to many concrete results. We have for instance established Valmet-wide processes for managing the sustainability of our supply chain, improved occupational safety year by year and realized a significant increase in employee engagement. On top of this, Valmet has been recognized as one of the world's sustainability leaders in Dow Jones Sustainability Index. As we have now reached many of our current targets, this was a natural phase to review the agenda and define actions for the next three years," says Anu Salonsaari-Posti, SVP, Marketing, Communications and Sustainability at Valmet.
In 2016-2018, special focus continues on ensuring a globally sustainable supply chain and continuous improvement of safety culture. More information on the agenda and roadmaps is available at www.valmet.com/sustainabilityagenda.
Comprehensive sustainability reporting
Valmet strives to have globally consistent and transparent management and reporting practices so that all its stakeholders can reliably assess the company's sustainability performance and development. Valmet reports annually on its sustainability performance according to the Global Reporting Initiative (GRI). The company also reports to selected third-party sustainability ratings. In 2015, Valmet was included in the Dow Jones Sustainability Index (DJSI) for the second consecutive year. Valmet also reported to CDP's Climate Change program with a score of 97/100.
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 2015 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.
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