We invest in sustainable growth and innovate for a future beyond fossils

With higher living standards and an ageing population, a growing number of urban, middle-class people are consuming more and longer. At the same time, the world is still highly dependent on fossil raw materials and energy sources that cause climate change.

Our solutions meet these challenges. Our Biofore strategy, visionary purpose and values guide and inspire us in creating a positive impact for society and value for our shareholders. They motivate us to achieve our challenging 2030 responsibility targets which at the same time contribute to many of the UN’s Sustainable Development. As a longstanding member of Global Compact initiative we comply with the ten universal principles regarding human rights, labour standards, the environment and anti-corruption.

Responsibility is at the core of everything we do

We source raw materials sustainably throughout our supply chain. We also have ambitious, science-based emission reduction targets. Our renewable and recyclable products meet the everyday needs of consumers, at the same time addressing many global challenges such as climate change and resource scarcity. All our activities on social responsibility are founded on the principle of respecting human rights.

In the end of 2022 we set a new environmental focus area specifically dedicated to enhancing biodiversity and the work continues in all areas of operations. We also participate to Science Based Targets Network (SBTN) Corporate Engagement programme to develop and test tools and methodology for setting science-based targets for nature. In 2023 we will strongly focus on developing our net-zero approach based on the recommendations of the Science Based Targets initiative (SBTi) and the GHG Protocol.

 

Forests 

Our business is based on the continuous growth of forests and ensuring a net-positive impact on biodiversity.  We have a global 2030 Forest Action Programme which goes beyond current standard requirements and includes actions in all fundamental aspects of sustainable forestry: climate, biodiversity, soil, water and social contribution.

 

Social responsibility

We focus on people in everything we do and have set clear focus areas and targets for our work in social responsibility. We respect human rights across our businesses and value chain, and want to provide a safe, inclusive and diverse working environment for our employees. Being in active dialogue with our stakeholders and contributing positively to the vitality of the surrounding communities are important for us.
 

 

 

Sustainable Product Design

Bio-based and recyclable raw materials and products reduce the world’s dependency on fossil raw materials and contribute to climate change mitigation. Our goal is to constantly grow our climate-positive, eco-labelled product portfolio and develop products and services that contribute to the UN’s Sustainable Development Goals. Our Sustainable Product Design concept steers our product development projects, promoting a sustainable product lifecycle approach and ensuring that every new product and service we design has a proven sustainability value proposition. 

 

 
 

Our achievements

90%
of all process waste recycled or recovered
-11%
reduction of CO2 emissions from 2021
88%
of supplier spend covered by the UPM Supplier and Third Party Code
86%
share of certified wood
 

Our commitments by 2030

1.5 °C
limiting global temperature rise
0
no coal or peat in own one-site energy generation by 2030
++
net-positive impact on biodiversity
 
 
 
 

Aid for Ukraine

 
 

We walk the talk

Our Aiming Higher culture ensures that we embrace the full potential of responsibility in our everyday operations. Walking the talk energises us. Get your share of this energy through these examples.

 
 
 
 

CDP recognises UPM with triple ‘A’ score for climate, forests and water security actions

 

Dow Jones Sustainability Index lists UPM the leader of its industry

 
 
 

Contact us: responsibility@upm.com

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