Over the past years UPM’s performance and consistent work on corporate responsibility has been recognised by several external international parties. Here are some examples:
As of 1 January 2016 UPM has been a member of UN Global Compact LEAD. UPM is the first forest industry company and also the first Finnish company ever having received an invitation to LEAD. Global Compact LEAD is a unique leadership platform within the United Nations Global Compact that strongly promotes the integration of sustainability into business strategies. At the moment the 50 most sustainably advanced companies across geographical regions and industry sectors have been invited to LEAD. The total number of member companies at UN Global Compact is approximately 8000.
Read more in upmbiofore.com
The Dow Jones Sustainability Index (DJSI) includes sustainability leaders from each industry on a global and regional level, respectively.
The annual review of the DJSI is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as climate change mitigation, supply chain standards, labour practices, corporate governance and risk management.
On the 7th of September 2017 UPM was listed as the forest and paper industry leader in the Dow Jones European and World Sustainability Indices (DJSI) for 2017-2018 for the fifth time. Read more on our press release.
UPM listed as the industry leader in the global Dow Jones Sustainability Index 2017-2018.
The Nordic Bioeconomy Panel under The Nordic Council of Ministers has chosen UPM BioVerno and GrowDex® in the Nordic bioeconomy - 25 cases for sustainable change catalogue. UPM BioVerno is a renewable diesel made of crude tall oil, a wood residue from pulp production. GrowDex® is a wood-based nanocellulose hydrogel developed for the needs of the pharmaceutical industry. Read more on UPM press release 19th of January 2017.
In November 2016 UPM received the PPI Bio Strategy Award 2016 for its biofuels business in Brussels, Belgium.The PPI Awards are the only global awards that are dedicated to recognizing the achievements of companies, mills and individuals in the pulp and paper sector.The judges were looking for a company that has grabbed the opportunity in using wood, biomass or waste for the creation of bioenergy, biofuels and other non-core products signifying an entrance into the bioeconomy, and has demonstrated that the strategy impacts financial performance. A great example case of this is of course UPM's advanced biofuels production in the UPM Lappeenranta Biorefinery in Finland.
Read more on UPM press release 22 November 2016.
In early 2015, UPM Biofuels was awarded the Commercial Scale Plant of the year in the WBM Bio Business 2015 competition. The award was received thanks to the UPM Lappeenranta Biorefinery in Finland, which started commercial production in January.
In 2014 UPM Biofuels received the European Union’s Sustainable Energy Europe Award 2014 in the “Travelling” category for its renewable crude tall oil-based UPM BioVerno diesel in Brussels, Belgium. The Sustainable Energy Europe Awards reward and promote Europe’s best sustainable energy projects in the fields of energy efficiency, renewables and clean transport.
In January 2017 UPM received the Silver Class distinction in RobecoSAM's annual Sustainability Yearbook 2017 for its excellent sustainability performance. UPM was one of the top-scoring company in its industry sector.
The Sustainability Yearbook lists the world’s sustainability leaders and ranks companies as gold, silver or bronze class on the basis of their performance in RobecoSAM’s annual Corporate Sustainability Assessment (CSA). The CSA is an analysis of economic, environmental and social performance of the world’s leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management.
The Sustainability Yearbook can found here.
In 2017 UPM received a leadership position in all three programs of CDP, the non-profit global environmental disclosure platform. We were positioned on an A List for water and forest programs and scored A- in the climate program. CDP's A List comprises companies from around the world that have been identified as leading in their efforts and actions to combat environmental risk in the past CDP reporting year. Of the companies that submitted information, UPM is one of the only four companies to score an A on both water and forests.
This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability.
The A-List and full company scores are available on CDP's website: https://www.cdp.net/en/scores-2017
Read more on UPM press release 25 October 2017.
UPM is integrated to Euronext Vigeo Europe 120 Index in 2015. The index distinguishes the 120 companies in Europe with the most advanced corporate responsibility performance.
Companies included in this index have achieved the highest scores, as determined by the review of up to 330 indicators, assessed by Vigeo within 38 sustainability drivers.To read more, go to Vigeo web page.
In 2013, UPM was selected for inclusion in the United Nations Global Compact 100 – a new global stock index that combines corporate sustainability and baseline financial performance.
100 companies are selected for the index based on their adherence to the Global Compact’s ten principles as well as evidence of executive leadership commitment and consistent baseline profitability.
The Food and Agriculture Organization of the United Nations (FAO) recognised UPM for its exemplary forest management practices in June 2015. The recognition was conferred by the Forestry General Direction of Uruguay as part of a National Workshop titled “Methodological Transfer of Exemplary Cases of Sustainable Forest Management”.
Read more on the press release on 11 June 2015.
In 2012, UPM was awarded the EU Ecolabel Communication Award in the Producer/Retailer category. The EU Ecolabel is the EU’s official indication of the most environmentally responsible products.
The STOXX Global ESG Leaders Index offers a representation of the leading global companies in terms of environmental, social and governance (ESG) criteria, based on indicators provided by Sustainalytics. UPM has been included in the index since its launch in 2011.
UPM was recognised as the “Most Innovative Company” at the 2012 Ethical Corporation Awards held in London. UPM was highlighted for its Eco Design approach and overall sustainable thinking.
The Ethical Corporation Awards recognises companies and individuals who have made significant advances in the field of corporate responsibility. Previous winners have included Unilever, L’Oreal and the Rainforest Alliance. UPM was shortlisted alongside Acelor Mittal, McDonalds Europe and CottonConnect.
The UPM Shotton paper mill in north Wales was presented the Award for Environmental Strategy of the Year for a Mill at the annual PPI Awards held in Brussels in November 2012. The award was given in recognition of UPM Shotton going the extra mile and implementing innovative environmental solutions. The judges were looking for a showcase mill that takes all the elements of responsibility into consideration, from the sourcing of raw material, minimising impacts, and water energy and resource efficiency.
Organised by RISI, the leading information provider for the global forest products industry, the PPI Awards honour leadership, vision, innovation and strategic accomplishments within the pulp and paper industry.
UPM was one of seven paper producers to receive an award from the WWF (World Wide Fund For Nature) in the category of “Transparency” during the 2012 WWF Environmental Paper Awards.
The award recognises UPM’s efforts in providing public information on the environmental footprint of the majority of its paper products in “Check your paper”: a global benchmarking database of eco-rated papers that promotes the responsible supply chain of paper products.
Transparency and continuous improvement of our environmental performance are key drivers for us. One good channel for us to report our performance is the Environmental Paper Company Index (EPCI) of The World Wide Fund for Nature (WWF). Published biannually, this Index promotes open and ever improving environmental performance of paper and pulp manufacturing companies. In year 2015 WWF invited 80 sector leaders in the Index and evaluated their environmental policies and targets, as well as their environmental performance with regard to overall production of news, graphic, packaging and tissue papers and pulp. According to the EPCI, published on 4th November, UPM has improved its performance in many ways. The company has, for example, increased the use of recycled paper and FSC certified wood in its fibre sourcing, and reduced waste to landfill in graphic paper production.
To read more, check these links:UPM press release 4 Nov 2015 http://epci.panda.org/
UPM has been positioned on this year's A List for water and forests by CDP, the non-profit global environmental disclosure platform. CDP's A List comprises companies from around the world that have been identified as leading in their efforts and actions to combat environmental risk in the past CDP reporting year.