Ahlstrom - Ahlstrom’s climate targets validated by the Science Based Targets initiative

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style="margin-bottom:11px;margin-top:12px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif"><span style="background-color:white"><span style="color:black">AHLSTROM OYJ, PRESS RELEASE, NOVEMBER 7, 2024, at 12.45 EET</span></span> </span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">Ahlstrom, a global leader in fiber-based specialty materials, is proud to announce that its near and long-term science-based emissions reduction targets have been approved, and net-zero science-based target by 2050 has been verified by the Science Based Targets initiative (SBTi). Setting ambitious climate targets is an integral part of Ahlstrom's strategy and purpose to ‘Purify and Protect with Every Fiber for a Sustainable World’. </span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">SBTi has classified Ahlstrom’s scope 1 and 2 target ambition as in line with the goal to limit global warming to no more than 1.5°C. </span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">According to Ahlstrom’s near-term targets, the company commits to reducing absolute scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year.* Ahlstrom also commits to reducing absolute scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 25% within the same timeframe.*</span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">In the long-term targets, Ahlstrom is committed to reducing absolute scope 1 and 2 GHG emissions by 90% by 2050 from a 2021 base year and reducing absolute scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, processing of sold products and end of life treatment of sold products by 90% within the same timeframe.*</span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">“Sustainability is at the heart of what we do, and we're fully committed to our sustainability journey. Having our targets verified is an important milestone, but it’s our actions that matter. We have worked hard on Scope 1 and 2 emissions, and there is still work to be done. Regarding Scope 3, we have started the work, but especially with this target, collaboration across the full value chain is key. As a specialty materials company, we have the capabilities and responsibility to bring change through our solutions by innovating products that are safe and sustainable by design and that can reduce the carbon footprint of our customers,” says <strong>Helen Mets</strong>, President and CEO of Ahlstrom. </span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI,) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets.</span></span></span></span></p> <p style="margin-bottom:11px"><em><span style="font-size:11pt">*The target boundary includes land-related emissions and removals from bioenergy feedstocks.</span></em></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif"><strong>For more information, please contact: </strong></span></span></span></span></p> <p style="margin-bottom:11px"><span><span style="font-size:11pt"><span><span style="font-family:arial,helvetica,sans-serif">Katja Ollila, Vice President, Group Marketing and Communications, +358 44 517 0891, <a href="mailto:katja.ollila@ahlstrom.com" style="color:#0563c1; text-decoration:underline">katja.ollila@ahlstrom.com</a> </span></span></span></span></p> <br /><p><p><span style="font-size:11pt"><strong>Ahlstrom in brief  </strong><br /> Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. Our three divisions, Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials, address global trends with safe and sustainable solutions. Our net sales in 2023 amounted to EUR 3.0 billion and we employ some 7,000 people. Read more www.ahlstrom.com  </span></p> </p> <div class="press-release-area-images" style="display:flex;"> </div> </section> </article> </div> <div class="col-sm-4 hidden-print"> <div class="equal-height"><div class="row row0 "><div class="block rssblock col-lg-12 col-md-12 col-sm-12 col-xs-12 "><div class="block-rss vertical-margin"> <h4> Releases <a href="/link/1b2fb9476d324a7697ebdea1cee2a00b.aspx" target="_blank" class="rss-link pull-right"><i class="fa fa-rss"></i></a> </h4> <div class="items"> <div class="item"> <div class="date">Nov 26, 2024</div> <a href="https://www.ahlstrom.com/Media/releases/press-releases2/2024/change-in-ahlstroms-executive-leadership-team/" title="Change in Ahlstrom’s Executive Leadership Team">Change in Ahlstrom’s Executive Leadership Team</a> </div> <div class="item"> <div class="date">Nov 22, 2024</div> <a href="https://www.ahlstrom.com/Media/releases/press-releases2/2024/ahlstrom-rated-among-the-top-one-percent-of-companies-in-the-ecovadis-sustainability-assessment/" title="Ahlstrom rated among the top one percent of companies in the EcoVadis sustainability assessment">Ahlstrom rated among the top one percent of companies in the EcoVadis sustainability assessment</a> </div> <div class="item"> <div class="date">Nov 07, 2024</div> <a href="https://www.ahlstrom.com/Media/releases/press-releases2/2024/ahlstrom-januaryseptember-2024-financial-results-published/" title="Ahlstrom January–September 2024 financial results published">Ahlstrom January–September 2024 financial results published</a> </div> <div class="item"> <div class="date">Nov 07, 2024</div> <a href="https://www.ahlstrom.com/Media/releases/press-releases2/2024/ahlstroms-climate-targets-validated-by-the-science-based-targets-initiative/" title="Ahlstrom’s climate targets validated by the Science Based Targets initiative">Ahlstrom’s climate targets validated by the Science Based Targets initiative</a> </div> <div class="item"> <div class="date">Nov 01, 2024</div> <a href="https://www.ahlstrom.com/Media/releases/press-releases2/2024/ahlstrom-completes-the-divestment-of-aspa-pulp-mill-to-sweden-timber/" title="Ahlstrom completes the divestment of Aspa pulp mill to Sweden Timber">Ahlstrom completes the divestment of Aspa pulp mill to Sweden Timber</a> </div> </div> <div class="button-footer"> <a href="/Media/releases/" class="o-button-link-small"> <span>More releases</span> </a> </div> </div></div></div></div> </div> </div> </div> </div> </div> </div> <footer class="top no-print"> <div class="container top"> <div class="row col-12 footer-logo"> <a class="logo" href="/"> <div class="logo-background"></div> <img src="/globalassets/common-content/ahlstrom_logo_primary_white.png" data-scaling-width="280" alt="Ahlstrom" /> </a> </div> <div class="row about-ahlstrom"> <div class="col-sm-12 col-md-12 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Ahlstrom - Ahlstrom’s climate targets validated by the Science Based Targets initiative