(UPM, Helsinki 9 September 2010 at 12:00) – UPM has been selected as an index component for the Dow Jones Sustainability Index for 2010-2011. The DJSI follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively. UPM was chosen both to the European and Global Sustainability Index.
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.
"UPM's selection to the DJSI is a great recognition for UPM's Biofore strategy. Continuous improvement of our environmental, social and financial performance is a key driver for UPM. It is very positive that stakeholders recognise our commitment" says Marko Janhunen, Director Corporate Responsibility & Public Affairs.
As the Biofore Company, UPM is shaping the new forest industry by leading the way into a new, innovation-driven and sustainable bio-economy. The company is strongly committed to continuous improvement in economic, social and environmental performance while always aiming for a long term sustainable future based on profitability and value creation from sustainable products. The Corporate Responsibility Principles that were published in 2010 support the company’s strategy and vision as the Biofore Company. Principles are available on corporate web site: www.upm.com/en/about_upm/responsibility/principles.
For further information, please contact:
Mr Marko Janhunen, Director, Corporate Responsibility & Public Affairs +358 2041 50572
UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 23,000 people and it has production plants in 15 countries. In 2009, UPM's sales amounted to EUR 7.7 billion. UPM's shares are listed on the Helsinki stock exchange.
UPM – The Biofore Company – www.upmbiofore.com and www.upm.com