UPM is committed to responsible sourcing practices in our Code of Conduct. All the minimum requirements for suppliers are defined in the UPM Supplier and Third Party Code. In 2019, the UPM Supplier and Third Party Code was revised in line with the updated UPM Code of Conduct.
| Responsible sourcing KPI | Contribution to the SDGs | 2030 target | 2023 results |
|---|---|---|---|
|
UPM spend covered by UPM Supplier and Third-Party Code |
SDG targets 6.3, |
80% (continuous) |
89% |
|
UPM raw material spend covered by UPM |
SDG targets 6.3, |
100% |
98% |
|
Supplier auditing based on systematic risk |
SDG Targets 8.5, 8.8 & 12.2 |
Continuous |
95 supplier audits based on identified risks. 890 contractor reviews with focus on working conditions. |
|
CO2 emissions from materials and logistics |
SDG Targets 13.1 |
-30% |
-23% compared to 2018 |
¹ Covers all UPM raw material spend including wood and wood-based biomass sourcing and excluding energy
| Responsible sourcing KPI | Contribution to the SDGs | 2030 target | 2022 results |
|---|---|---|---|
|
UPM spend covered by UPM Supplier and Third-Party Code |
SDG targets 6.3, |
80% (continuous) |
88% |
|
UPM raw material spend covered by UPM |
SDG targets 6.3, |
100% |
96% |
|
Supplier auditing based on systematic risk |
SDG Targets 8.5, 8.8 & 12.2 |
Continuous |
121 supplier audits based on identified risks. 360 contractor reviews with focus on working conditions. |
|
CO2 emissions from materials and logistics |
SDG Targets 13.1 |
-30% |
Close co-operation with suppliers to develop |
¹ Covers all UPM raw material spend including wood and wood-based biomass sourcing and excluding energy
| Responsible sourcing targets | Contribution to the SDGs | 2021 results |
|---|---|---|
|
80% of UPM spend qualified against UPM Supplier and Third Party Code (continuous) |
SDG targets 6.3, |
86% of supplier spend covered by UPM Supplier and Third-Party Code |
|
100% of UPM raw material spend qualified against UPM Supplier and |
SDG targets 6.3, |
96% of raw material spend covered by UPM Supplier and Third-Party Code |
|
Supplier auditing based on systematic risk assessment practices (continuous |
SDG Targets 8.5, 8.8 & 12.2 |
124 supplier audits based on identified risks. 300 contractor reviews with focus on |
|
30% reduction of CO2 emissions from materials and logistics (scope 3)² |
SDG Targets 13.1 |
Close co-operation with suppliers to develop CO2 emission reporting |
¹ Covers all UPM raw material spend including wood and wood-based biomass sourcing and excluding energy
² From 2018 level
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