European paperboard producer Metsä Board has secured an A- rating in its latest Circulytics circular economy assessment.

Circulytics, which is a circular economy measurement tool launched by the Ellen MacArthur Foundation, comprehensively measured how Metsä achieved circularity across its operations.

Metsä said that it achieved the highest score within the ‘Enablers’ category, which indicates a company’s commitment to switch to a circular business model.

This category comprises circular economy contributing factors such as strategy and planning, innovation, people and skills and operations, and external engagement attributes

Comparatively, the company scored B in the assessment conducted last year.

Metsä's product safety and sustainability director Anne Uusitalo said: “It is great to see that our continuous work to develop our operations in line with circular economy principles is recognised by external third parties.”

Metsä Board is a part of Metsä Group, which is a producer of premium fresh fibre paperboards in Europe. It recorded total sales of €2.5bn ($2.8bn) last year.

The company specialises in lightweight and high-quality folding boxboards, food service boards, as well as white kraftliners.

In May this year, Metsä Group announced the submission of an Environmental Impact Assessment report for its Kaskinen paperboard mill in Finland.

That same month, the company also confirmed its plans to temporarily layoff a total of 1,100 employees from its facilities across Finland due to financial concerns.