Decarbonisation Transition Plans

MM Group Corporate Carbon Footprint decreased in 2024 by 49% vs. 2019 baseline and by 15% vs. 2023. Key measures were the switch to renewable or low carbon electricity purchasing, energy efficiency and modernization measures as well as replacement of fossil fuels by renewable energy sources in our mills.

The MM Group’s decarbonisation strategy is in line with the 1.5 °C pathway of the Paris Agreement and has been approved by the Science Based Targets initiative, which means that Scope 1 and 2 emissions must be reduced by 50.4 % (2024: -54%) and Scope 3 emissions by 58 % (2024: -52%) per value creation by 2031, based on a 2019 baseline. To ensure compatibility with the transition to a sustainable economy and the goal of limiting global warming to 1.5 °C, the following key decarbonisation levers and measures have been identified following business model adjustments: transitioning to renewable or low-carbon electricity across all pro duction sites, increasing the share of renewable energy in Board & Paper mills, and sourcing raw materials with a reduced carbon footprint.

Our energy management is aimed at sustainably reducing energy consumption at our sites, increasing efficiency and procuring higher proportions of renewable energy and electricity. In this context, we are certified according to ISO 50001, EMAS and ISO 14001. The provisions of the ISO 50001 certification are applied primarily in the mills of the more energy-intensive MM Board & Paper division, but we also strive for comprehensive energy management at the sites of the packaging divisions

In 2024, the share of renewable and low-carbon electricity rose to 94 % (2023: 25 %). In 2024, the MM Group operated ten photovoltaic systems and one solar power plant for the self-generation of renewable electricity.

Reducing our Scope 1 emissions is closely linked to replacing fossil fuels with biofuels (e.g. biomass). 51 % of the primary energy sources used in the Board & Paper division are from renewable sources. Another way to replace fossil fuels is to generate biogas as part of the wastewater treatment process by adding an anaerobic digestion stage.