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Metsä Board Positioned on CDP’s Water A List for Consecutive Years

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Metsä Board, Espoo, Finland, announced on Tuesday (Nov. 15, 2016) the company has been recognized by CDP as a global leader for its actions and strategies to manage water more sustainably. This is the second consecutive year that Metsä Board has been positioned on the CDP Water A List, where only 4% of the companies disclosing were accepted. 

The CDP Water A List was announced this past year for the first time. Metsä Board was honored to be one of the eight companies on the 2015 list. This year 607 companies disclosed their water management to CDP, and Metsä Board is one of only 24 global companies to make the 2016 Water A List.

"We’re delighted to have again earned a spot on the CDP Water A List among the world’s best performing companies on water security," said Mika Joukio, CEO of Metsä Board. "Metsä Board’s mills are located in one of the most water rich areas in the world. However, we still use our water resources efficiently and seek continuously new ways to reduce its use. Responsible water management is a vital part in our resource efficiency program, as reduced water use improves our energy and production efficiency."

For several years now, Metsä Board has had extensive development projects to further improve water use and material efficiency. Metsä Board uses only surface water in its production, and around 98% of the used water is returned to its source after careful cleaning. This ensures that the environment surrounding Metsä Board’s mills is not affected by the water used.

Furthermore, Joukio was proud to have been invited to take part in a discussion panel at the CDP Global Water Forum on  November 15 in Marrakesh, where the water results were revealed. The CDP Water A List has been produced at the request of 643 investors with $67 trillion in assets. It is available on the CDP website.

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