Metso targets to have a strong balance sheet with solid liquidity. One of our financial targets is maintaining our investment grade credit rating. The debt portfolio consists of bonds, bank borrowing and commercial papers. The aim is to have a well distributed debt maturity profile.
Sustainability KPis in financing agreements
KPis for sustainability-linked financing agreements | Metric | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Spend with suppliers that have committed to Science-based emissions targets or have an equivalent verifiable emissions target* |
% of total procurement spend including alternative targets | 26.2% | 22.9% | 12.0% |
|
% of direct spend including alternative targets | 27.3% | 23.1% | N/A* | |
| Scope 1 and 2 emissions | tCO2 | 32,182 | 48,944** | 52,390 |
| Logistics CO2 emissions | tCo2 | 163,000 | 160,000*** | 143,000 |
| Metso Plus sales **** | EUR million | 1,447 | 1,225 | 889 |
KPis for sustainability- linked bond | Reference year | Baseline year | Baseline | Threshold | Actual 2023 | % from baseline |
|---|---|---|---|---|---|---|
| Spend with suppliers that have committed to Science-based emissions targets* | 2025 | 30% | 26.2% | |||
| Scope 1 and 2 emissions | 2027 | 2022 | 48,944tCO2 | 63% | 32,182 tCo2 | -34% |
|
* Group’s suppliers (measured by spend) that have committed to science based targets which have been validated by the Science Based Targets initiative (or have publicly announced a commitment to equivalent net zero carbon dioxide emissions by 2050 targets, as determined by the Issuer in good faith. Accepted equivalent targets are defined by Metso and calculated from 2022 onwards. *** Restated from figure published in 2023: 153,000tCO2. |
| Programme | Documentation |
|
EMTN Programme 2023 | |
|
EMTN Programme 2022 | |
|
EMTN Programme 2020 | |
|
Finnish Commercial Paper Program (in Finnish) |
|
|
Total Amount |
Maturity | |
|
Syndicated Revolving Credit Facility |
EUR 600 million |
2026 |