​​​​​​External recognition for responsibility efforts

Our consistent efforts in responsibility issues have received recognition from several third parties and made us one of the industry leaders in several indices assessing responsibility from different points of view.

​Industry leader in several indices

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:

UN Global Compact LEAD

In September 2018 we were recognised as a Global Compact LEAD company for our strong engagement to the United Nations Global Compact, the world's largest corporate sustainability initiative. The recognition was addressed to only 34 global companies, among them being companies such as Unilever, Nestle S.A., BASF SE and L'Oreal. 

UPM has had the LEAD status since January 2016 when we were invited for the first time to this distinguished network as the only forest industry company and also as the first Finnish company ever.

To be eligible for LEAD recognition, companies are expected to be a participant in at least two Global Compact Action Platforms. They also need to demonstrate engagement with the initiative and commitment to defining and fostering leadership practices in line with the Global Compact Ten Principles and the Sustainable Development Goals (SDGs). In addition, the companies are to report on their progress on implementing the Ten Principles on annual basis.

UPM has participated in two Action Platforms: Reporting on the SDGs and Decent work in global supply chains. The Decent Work Action Platform members have today published their commitment to advance responsible supply chains and a Baseline Report describing the challenges and opportunities of this area. Read more here.

The Reporting on the SDGs Action Platform has already earlier published two reports and a guidance document for SDG reporting.

For more information, please check

UN Global Compact LEAD website

UPM press release 24th September 2018

Gold Class and Industry Mover distinctions in RobecoSAM's Sustainability Yearbook 2018

In February 2018 we were listed in the RobecoSAM's Sustainability Yearbook 2018 with the Gold Class and Industry Mover distinctions. The company that has achieved the largest proportional improvement in its sustainability performance compared to the previous year is named the RobecoSAM Industry Mover. RobecoSAM awards companies for their excellent sustainability performance.

Read more on UPM's press release 1 February 2018

Dow Jones Sustainability Index

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 13th of September 2018 UPM was listed as the forest and paper industry leader in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time. Read more
on our press release.

PRESS RELEASE
September 24, 2018

United Nations recognises UPM as one of 34 Global Compact LEAD companies

PRESS RELEASE
SEPT 13, 2018

UPM recognised as the industry's most responsible company in the global Dow Jones Sustainability Index Leader in responsibility

UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time.

press release
feb 1 2018

UPM receives RobecoSAM's Industry Mover distinction

UPM has been listed in the RobecoSAM's Sustainability Yearbook 2018 with the Gold Class and Industry Mover distinctions. The company that has achieved the largest proportional improvement in its sustainability performance compared to the previous year is named the RobecoSAM Industry Mover. RobecoSAM awards companies for their excellent sustainability performance.

RSB (The Roundtable on Sustainable Biomaterials) certification in biofuel feedstock production

In January 2018 UPM Biofuels received a sustainability certificate for the cultivation of the Brassica carinata crop - a new feedstock for biofuel production - in Uruguay. The RSB (The Roundtable on Sustainable Biomaterials) certification in biofuel feedstock production complements UPM Biofuels' existing sustainability certifications like ISCC (International Sustainability and Carbon Certification) and RSB certifications for its UPM BioVerno biofuel production.

Read more on UPM press release on 15 January 2018

Water Efficiency Frontrunner in China 

In January 2018 we were recognised as a Water Efficiency Frontrunner in Jiangsu Province and China at large. As a frontrunner, we will serve as a benchmark for the industry and lead the promotion of water efficiency in China. In total, 11 companies received the highest recognition nationwide. UPM is the first, and only, company to obtain the highest recognition in Jiangsu Province.

Read more on upmbiofore.com

Bioenergy Industry Leadership award ​

In December 2017 UPM Biofuels was chosen as the Bioenergy Industry Leader at the 2017 Platts Global Energy Awards - often described as the Oscars of the energy industry. UPM Biofuels was nominated for its wood-based low emission advanced UPM BioVerno biofuels, and its one-of-a-kind commercial scale biorefinery in Lappeenranta, Finland. The choice was made among energy companies from nearly 30 countries representing four continents, including some of the world's leading energy giants.

Read more on UPM press release 8th December 2017.

Nordic bioeconomy - 25 cases for sustainable change

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.

Bio Strategy Award 2016

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.

WBM Bio Business 2015

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.

EU Sustainable Energy Europe Award

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 efficienc​​y, renewables and clean transport.

CDP Programs

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.

Euronext Vigeo Europe 120 Index

 
UPM is integrated to Euronext Vigeo Europe 120 Index since 2015. This index distinguishes companies achieving the most advanced Environmental, Social and Governance performances. The 330 index components are reviewed every six months in December and in June.

A list of the full SRI index range, on Euronext and Vigeo Eiris websites.

Global Compact Stock Index

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.

UPM forest management practises recognised by FAO

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.

EU Ecolabel Communication Award

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. 

STOXX Global ESG Leaders Index

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.​ 

Ethical Corporation

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.​

PPI Awards

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.

WWF Environmental Paper Awards

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.

WWF's Environmental Paper Company Index (EPCI)  

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/