Valmet Achieves Prestigious Gold Medal in EcoVadis Sustainability Assessment

Valmet Receives Gold Medal in EcoVadis Sustainability Assessment

Valmet, a leading global technology company based in Finland, has recently achieved a notable milestone by receiving a Gold Medal in the EcoVadis sustainability assessment. This impressive recognition places Valmet among the top 5% of over 150,000 companies evaluated worldwide.

EcoVadis is a prominent platform that assesses corporate sustainability performance across four essential categories: environmental impact, labor and human rights, ethics, and sustainable procurement. Valmet scored an impressive 82 out of 100 on this assessment, surpassing its previous year’s score by six points. This achievement not only reflects the company’s solid commitment to sustainability but also brings it closer to its ambitious goal of obtaining the prestigious Platinum Medal in the future.

Reetta Loponen, Vice President of Sustainability at Valmet, emphasized the significance of this recognition, stating, "This recognition reflects our strong commitment to sustainability and the systematic steps we take toward our ambitious targets. Sustainability is at the core of our new strategy, 'Lead the Way', and embedded in everything we do, from our technologies to our supply chain." It's apparent that the dedicated work of Valmet's employees, referred to as 'Valmeteers', combined with collaboration with customers and partners, has played a crucial role in achieving this commendable score.

Valmet actively participates in various third-party sustainability evaluations to provide its stakeholders with a clear picture of its sustainability performance. The company’s commitment to sustainability has garnered acclaim from numerous external organizations, including results from CDP environmental disclosure scoring and MSCI ESG Ratings.

What is EcoVadis?

EcoVadis stands out as a globally recognized assessment tool that rates the sustainability performance of companies across four core categories. The evaluation leads to the awarding of Platinum, Gold, Silver, or Bronze medals, depending on the score achieved. Each year, EcoVadis evaluates about 150,000 companies, providing invaluable insights into their sustainability practices and performance.

Valmet's recent achievement is a testament not only to its efforts in enhancing sustainability practices but also to the increasing importance of such assessments in decision-making processes by stakeholders globally. Organizations looking to assess their partners and suppliers often rely on EcoVadis ratings to gauge overall sustainability performance.

Valmet’s Commitment to Sustainability

Valmet’s commitment to sustainability is apparent in its comprehensive approach to its operations. With over 225 years of industrial experience, the company delivers advanced technologies and services, ensuring sustainable practices are inherent in every facet of their business. Valmet’s strategy focuses on leading innovations in sustainability, aligning with the global demand for environmentally responsible practices. The firm is dedicated to driving transformation within industries, aiming for a regenerative future.

In 2024, Valmet reported net sales amounting to approximately EUR 5.4 billion, further solidifying its position as a crucial player within the technology sector. The company operates globally with its head office located in Espoo, Finland, employing a team of over 19,000 professionals who are dedicated to driving sustainable practices globally.

Valmet looks forward to continuing its proactive approach in sustainability and is poised to make further advancements in its operations. The Gold Medal recognition serves as a motivating factor, reinforcing its commitment to achieving the highest possible standards in corporate responsibility and sustainability practices for the betterment of the community and the environment.

With more stakeholders turning their attention toward sustainable business practices, Valmet is setting a benchmark that many others in the industry may aspire to reach as they continue to navigate the evolving landscape of corporate sustainability.