Valmet

Industrial Machinery

VALMT.HE

€ 24 0.2

Share price

$ 4.9 bn

Market Cap

$ 6 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.47x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

In line with the -9.3% weighted average for S&P 500

FY2022

Valmet aims to reduce Scope 1 + 2 by 80% by 2030 from a base year 2019

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

In line with the +NaN% weighted average for S&P 500

FY2022

Valmet aims to reduce Scope 3 by 20% by 2030 from a base year 2019

1.5°C

GHG emissions and Carbon intensity

Valmet reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 95 Kt (+15/+19% y-o-y). Carbon intensity also increased to 20 t (+2.1/+12% y-o-y).

Valmet's Scope 3 emissions soared to 103,699 Kt (+101,782/+5309% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 80% by 2030 from a base year 2019, which translates into the estimated reduction of -8.3 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 20% by 2030 from a base year 2019, which translates into the estimated reduction of -7,322 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	95	22	73	103,699	4,670	20
2020Q4	80	19	61	1,917	4,379	18
2019Q4	101	18	83	47,252	3,987	25
2018Q4	105	18	88	1,549	3,931	27
2017Q4	108	17	92	1,768	3,452	31
2016Q4	112	17	96	1,377	3,225	35