April 24, 2023
(press release)
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Metsä Group and the Dutch shipping company Royal Wagenborg have agreed to cooperate in reducing the climate impact of maritime transport. The goal is to reduce carbon dioxide emissions in sea transport of Metsä Group products by 30 percent per ton/mile by 2030 when compared to 2021. "One of Metsä Group's strategic sustainable development targets for 2030 is to reduce fossil emissions and use of fossil materials in our own operations. As far as the mills are concerned, we are already quite far in realizing the target and we want to achieve similar development steps in our supply chain as well. The majority of our products are delivered to our customers by sea, and Royal Wagenborg is an important partner for us. Shipping as a whole represents about three percent of the world's greenhouse gas emissions, and it is important to achieve emission reductions in that regard," says Jari Voutilainen, SVP, Sourcing and Logistics at Metsä Group. Metsä Group and Royal Wagenborg will establish a joint working group to define the concrete means by which the emission reduction target can be reached. For example, the measures are related to both technical and operations measures to the existing Wagenborg fleet, including voyage optimization and fleet development. Also new building will be investigated to reach the reduction targets. "At Royal Wagenborg we are committed to achieve a better climate and environment. That is why we take an active part in the decarbonization energy transition with ambitious emission reduction targets for our business operations. Looking at our CO2 reduction so far, we are one of the frontrunners in the market. The Baltic region has always been a key trading area for us and Metsä Group has always been an important partner for us. I am convinced significant CO2 reductions can only be achieved when actions are taken in the entire supply chain. I think this partnership with Metsä is the way to go”, says Egbert Vuursteen, CEO of Royal Wagenborg. METSÄ GROUP For further information, please contact: Juha Laine, Senior Vice President, Communications, Metsä Group, tel. +358 10 465 4541 Metsä Group Metsä Group is leading the way in advancing the bioeconomy. We invest in growth, bioproduct development and a fossil free future. The raw material for our products is renewable wood from sustainably managed northern forests. We focus on the growth sectors of the forest industry: wood supply and forest services, wood products, pulp, fresh fibre paperboards, as well as tissue and greaseproof papers. Metsä Group’s annual sales amount to approximately EUR 7 billion, and we have around 9,500 employees in around 30 countries. Our international Group has its roots in the Finnish forests: our parent company is Metsäliitto Cooperative which is owned by over 90,000 forest owners. Follow Metsä Group: Twitter LinkedIn Facebook YouTube Instagram Slideshare
www.metsagroup.com
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