The circular bioeconomy addresses two key global challenges of our time: climate change and the growing scarcity of natural resources. In a circular economy, waste is minimised and renewable resources are used in a sustainable, efficient way.
UPM’s circular bioeconomy approach boils down to three words: Biofore beyond fossils. Circular economy contributes to climate change mitigation by reducing the resource extraction and by offering renewable renewable and recyclable alternatives to fossil-based materials and products. We reuse or recycle the majority of our production waste. We recycle materials and products several times, and we create added value through smart solutions.
Our goal is to minimise waste and maximise reuse. Cross-industry collaboration and new technologies offer us tools to create innovative products and solutions. We do all this to generate economic, social and environmental value for our stakeholders and society.
This is exactly how UPM has operated for many years. We see the circular economy as the cornerstone of a sustainable future.