What Company is This?
Metso operates globally in solutions and services for the aggregates, minerals processing, and metals refining industries. The company employs approximately 17,000 people and has a presence in about 50 countries around the world. The company’s new strategy for the period of 2026-2030 is called ‘We go beyond.’ It focuses on business growth through improved profitability, customer-centricity, market leadership, and an increase in the share of aftermarket sales. Metso’s vision is to become the industry benchmark: the definitive standard in minerals and aggregates processing. Metso is headquartered in Finland and listed on the Nasdaq Helsinki stock exchange.
What Are the Results?
Metso improves its score by 1 percentage point, to 20% overall. Metso achieves the best score in General Supply Chain Sustainability at 34%, but only 7% in Steel Supply Chain Sustainability. The company has been included in the Scoreboard since the beginning, and its performance has varied during these four years, with a slight upward trend in its Total and General Supply Chain scores and a clear improvement in the Steel Supply Chain Sustainability category compared with 2025, when Metso scored only 2%. The company scores 46% for the Target-Setting and Progress subcategories and 17% for the Supply Chain Levers subcategories in the General Supply Chain category, and 0% for Disclosure, 4% for Target-Setting and Progress, and 12% for Supply Chain Levers subcategories in the Steel Supply Chain Sustainability category.
What Are the Highlights?
Metso scores full points for its recently updated SBTi targets, including targets regarding both the upstream and downstream value chains and a net-zero-by-2050 target. Metso’s SBTi targets are tightly tied to SBTi, with the upstream target committing to 40% of its suppliers having science-based targets, and the downstream target committing to 40% of its customers having SBTi targets by 2030. The latter target is an interesting and unique one among the 15 companies analysed, but it makes sense for Metso, as its customers are in the mining and aggregates businesses, and Metso aims at increasing its share of sustainable sales. Increasing the share of sales from its Metso Plus portfolio, which includes solutions for emissions reduction and energy efficiency, is likely to attract customers who have set their own science-based targets.
In the General Supply Chain Sustainability category, Metso scores partial points for its commitment to having suppliers set SBTi targets and for reporting the share of suppliers that have done so. The partial score reflects two limitations: the target year is more than two years away, and the targeted share covers only 40% of suppliers by spend rather than all suppliers. This commitment to supplier SBTi targets also earns Metso points for monitoring suppliers for compliance with greenhouse gas emissions targets. The company additionally reports the number of audited suppliers and specifies that sustainability is a factor in selecting preferred suppliers.
In the Steel Supply Chain category, Metso receives no full points but earns partial points for disclosing the share of recycled steel used in its production cycle by reporting that more than 80% of raw materials in its own foundry operations come from recycled sources. Metso also earns partial points for integrating improved steel recyclability into product design and manufacturing by disclosing the expansion of Metso’s mill-lining recycling circularity solution for the Megaliner™ and Poly-Met™ rubber-liner offerings in the Chilean market. This solution enables efficient separation of different mill liner materials, allowing rubber and steel components to be either reused in the manufacturing of new products or recycled.
Where Can the Company Improve?
There is significant room for improvement for Metso, as the company scores zero points for the indicators on commitment to the elimination of deforestation and the conversion of natural ecosystems, water management requirements for suppliers, and the implementation of incentives and control systems to eliminate deforestation from its supply chain in the General Supply Chain category. In the Steel Supply Chain category, Metso earns points on only two indicators, leaving seven indicators at zero. Metso does not disclose its greenhouse gas emissions disaggregated for steel, does not have targets for the use of fossil-free steel or report the share of it in its production, does not have a target for the use of recycled steel, is not a member of a buyer coalition or of ResponsibleSteel, and has no arrangements with steel suppliers to invest in and scale up the production of lower-emission or fossil-free steel.
