We develop our existing processes that create the foundation for a sustainable supply chain
100% of new direct suppliers go through supplier approval process
40 supplier sustainability audits conducted per year
100% of selected key suppliers engaged in Valmet’s sustainability program
Continue supplier sustainability audits while ensuring high quality audit follow-up process
Continue to increase traceability in supply chain
Develop carbon footprint calculation of our supply chain
Continue to implement sustainability gates and guidance in site works purchasing
Continue to implement sustainability engagement program for key suppliers globally
Launch sustainability e-learning for key suppliers to increase awareness on sustainable business practices
We create new approaches to reduce the environmental impacts of our supply chain
Set CO2 reduction targets for highest emitting suppliers
Reduce emissions from transportation and increase transportation unit fulfillment rates
Reduce weight and raw materials of packaging
Increase collaboration with highest emitting suppliers to reduce CO2 emissions
Create guidance, increase collaboration and investigate the alternative shipping modes
Develop lightweight packaging and standardization for more sustainable packaging solution to reduce CO2 emissions, increase use of renewable materials and decrease use of raw materials
Main achievements in 2020
92 percent of new direct suppliers went through the supplier approval process and were automatically screened for sustainability – Updated supplier sustainability self-assessment survey
34 supplier sustainability audits conducted by Valmet and a third-party auditor – Piloted two remote audits due to COVID-19-related travel restrictions
Continued to implement sustainability engagement program for key suppliers in China, Asia-Pacific and EMEA – Engaged 100 percent of key suppliers in China, Asia-Pacific and EMEA – Launched two sustainability e-learning courses for key suppliers to increase awareness and give practical guidance on more sustainable business practices
Enhanced the quality of data of purchased goods and services and identified the most energy intensive purchasing categories that enable a more impactful approach to carbon reduction planning in our supply chain
Actively worked with suppliers to develop environmental reporting and to find ways to further reduce CO2 emissions together
Created new procurement guidance to give preference to more sustainable transportation and logistics service providers in purchasing decisions
Total weight of air shipments decreased by 19 percent
New packaging processes were developed and piloted to decrease repackaging and reduce packaging waste
Emissions caused by business travel decreased remarkably due to COVID-19 related travel restrictions
