Metso Outotec acts upon unexplained gender-related pay gaps during 2022

Metso Outotec is committed to developing the company into a workplace where diversity and inclusion is embedded into the culture, and it is fostered and promoted. One concrete action is to ensure global fair pay practices. For this, Metso Outotec initiated a global fair pay analysis in 2021 with a technical data analysis, followed by a thorough review of the findings. The analysis is still partly ongoing. The study has been conducted together with an external partner who has extensive expertise in the field.

In our global fair pay analysis, we investigated various aspects related to pay. The initial findings indicate that our employees’ salary development is typically unbiased during their Metso Outotec careers. However, the analysis has also identified cases, where unexplained gender-related pay gaps exist.

“Sustainability is at the core of Metso Outotec, which also covers the well-being and fair treatment of our employees​. We have placed Diversity and Inclusion high on our agenda and will be taking corrective actions by addressing the unexplained gender-related pay gaps, that have been identified, by the end of 2022,” says Pekka Vauramo, President and CEO, Metso Outotec.

Further information, please contact:

Helena Marjaranta, Vice President, Communications and Brand, Metso Outotec, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, www.metso.com/twitter/