Valmet's social responsibility program continues with several area-specific projects around the world

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Feb 23, 2024, 02:42 ET

Valmet Oyj's press release on February 23^rd, 2024 at 9:30 a.m. EET

ESPOO, Finland, Feb. 23, 2024 /PRNewswire/ -- Valmet expanded its global social responsibility program with several area-specific local projects promoting science, nature and equal opportunities in 2022. After a year of successful implementation, the program now continues through six local projects.

Social responsibility program is part of Valmet's sustainability agenda implementation. Some of the projects are selected by employee voting, increasing involvement and internal engagement.

In 2024, the program continues with the following projects:

In Asia Pacific, Valmet will initiate cooperation with Bumiterra, an organization in Indonesia dedicated to restore the rainforest, protect biodiversity and empower local communities in Borneo. In 2023, Valmet collaborated with The Mirror Foundation in Thailand, successfully improving the living and learning conditions at three rural schools with more than 900 children.

In the EMEA area, Valmet continues to support an orphanage in Jelenia Góra, Poland to enhance the orphanage children´s wellbeing and possibilities for education. This year's donation will be used to renovate the orphanage's sports field. In 2023, Valmet donated a vehicle to the orphanage to enable safe transportation to school, leisure time activities or specialist doctors.

In South America, Valmet continues to support the Gerando Falcões network and its special program called Circuito Inclusão (Inclusion Circuit) in Brazil. It promotes inclusion of people with disabilities and their families through leisure activities and accessibility opportunities. In Chile, Valmet will initiate cooperation with a partner organization that supports the well-being and social inclusion of children with limited possibilities through education, sports and cultural activities.

In China, Valmet continues to support industrial talent development and promote innovation and sustainable development in the pulp, paper and energy industry and grants scholarships to undergraduate students in three industry universities and to postgraduate students in five industry universities.

In North America, Valmet continues to support Make-A-Wish that grants life-changing wishes for children diagnosed with critical illnesses.

"As a global company operating in over 40 countries, we have an impact on numerous communities around the world. Our global social responsibility program has been a remarkable journey so far, and all the projects have been successful in reaching their targets. We are eagerly looking forward to continuing the work with the familiar partners as well as expanding the cooperation to the new projects," says Reetta Loponen, Vice President, Sustainability, Valmet.

VALMET
Corporate Communications

For further information, please contact:
Anu Salonsaari-Posti, SVP, Marketing, communications, sustainability and corporate relations, Valmet, tel. +358 10 672 0000
Reetta Loponen, Vice President, Sustainability, Valmet, tel. +358 40 0011 211

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet's net sales in 2023 were approximately EUR 5.5 billion.

Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.