Metsӓ Board recognized by CDP as leader in climate change transparency

CDP is an international, not-for-profit organization providing a system for companies and cities to measure, disclose, manage and share vital environmental information.

Leadership status is earned by submitting climate change information through CDP’s global environmental disclosure system for independent assessment against CDP’s scoring methodology. The score threshold for entering the Nordic CDLI rose to 95 in 2014.

CDP disclosure scores are provided to investors and other decision makers through various channels, including Bloomberg terminals, to help them assess corporate preparedness for changing market demands and emission regulations.

High scores indicate that a company provides robust climate data and conveys a strong understanding of corporate climate-related issues. Only companies with a score in the top 10 percent are awarded a position in the CDLI, showing they have provided a high level of transparency in their disclosure of climate-related information.

Mika Joukio (pictured), chief executive officer of Metsä Board, said: ‘We are delighted to have gained such a significant score for our data submission and that it has helped us win a place in the Nordic CDLI. It is a tribute to commitment of everyone within Metsä Board, as sustainability lies at the heart of our organisation, and will motivate us to increase our efforts in the future.’