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Value from sustainability

We are committed to creating value using sustainable and renewable resources, reducing our environmental footprint and enhancing our positive societal impact.

We see sustainability as a key driver of growth and competitiveness. We are seizing the opportunities presented by responsible consumer choices and stricter regulations to mitigate climate change and address the plastics challenge. Responsible operations and value chains help mitigate risks

Enhancing biodiversity

Biodiversity is instrumental to the vitality of our business. We aim to mitigate negative impacts, and efforts to maintain or enhance biodiversity are integrated into our operations.

Committed to climate action

Minimizing the use of fossil fuels and maximizing the use of renewable and circular materials are the most important way to mitigate climate change. Our strategy is driving the transition to a low-carbon economy.

We act through forests:

Trees and soil absorb carbon and act as long-term carbon storage. This means that they bind CO2 from the atmosphere, marking a negative in our carbon calculation.

We act through emission reductions:

Emissions from our own operations and those of our supply chain increase the amount of CO2 in the atmosphere, marking a positive in our carbon calculation.

We act through products:

By replacing fossil-based products and fossil-based energy, we reduce emissions, marking a negative in the carbon calculation. Our products act as temporary carbon storage over their lifetime, binding CO2 from the atmosphere.

We will align our net-zero approach with recognized international carbon accounting and assurance standards when they are finalized.

Fair rewarding

We are committed to ensuring gender pay equity for all employees and that employees are paid at least the local living wage. We review the status of both annually and take corrective action as appropriate. To ensure the objectivity of both reviews, the processes and data are audited by an external partner. Our commitment to fair rewarding is set out in our Code of Conduct and further detailed in our policies and rules.

Risks and opportunities

Recognitions and indices

Annual report

2030 Sustainability targets

Managing sustainability

Performance and reporting

The EU Corporate Sustainability Reporting Directive (CSRD) is a standardized mandatory reporting framework that requires companies to disclose comprehensive information about their environmental, social and governance performance. This includes actions to mitigate climate change, address human rights and promote good governance. Under the CSRD, the European Sustainability Reporting Standards (ESRS) outline the new EU requirements and indicators and provide detailed guidelines on the content and format of reporting on sustainability-related impacts, risks and opportunities.

Learn more from our annual report

Climate change

Biodiversity

Own workforce

Aiming for continuous improvement

Active employees completed code of conduct training*

99%

+1pp

The UPM Code of Conduct lays the foundation for responsible business operations and continuous improvement.

Employee engagement score

70

+0 points

Engaged, high-performing people drive our success.

Fossil CO₂ emissions (scope 1 and 2)

3.4 Mt

-9%

Creating climate solutions and working towards carbon neutrality.

Share of spend covered by our supplier code

91%

+2pp

Transparent supplier requirements form the basis of responsible sourcing throughout the entire supply chain.

Share of certified wood

88.5%

+1.5pp

Forest certification is an excellent tool for ensuring sustainable forestry.
Chain-of-Custody requirements ensure 100% supply from controlled sources.

Total recordable injury frequency

5.1

-0%

Ensuring a safe working environment for employees and everyone working for UPM.