Diversity and inclusion

Developing an organisational culture and workplace to ensure diverse and inclusive working environment for business success

Our social responsibility 2030 targets focus on diversity and inclusion, safe and healthy working environment, learning and development, fair rewarding as well as responsible leadership and community involvement. Our people and their capabilities, integrity and drive set UPM apart and drive our success. Our culture of Aiming Higher sets the tone for everything we do and encourages all UPMers to develop, as individuals and as a company. Our values –Trust and be trusted, Achieve together and Renew with courage – guide us along the way.

Diversity and inclusion KPI	Contribution to the SDGs	2030 target	2023 results
Employees' sense of belonging	SDG Target 8.5	Among the top 10% of benchmark companies	In the Employee Engagement Survey average score of 68. Below top 10% benchmark companies by 12 points.
Continuous improvement in female representation in professional and managerial roles. Developing leadership and decisionmaking capabilities with increased diversity	SDG Target 8.5	40% female representation	32.3%
Diversity and inclusion initiative	SDG Target 8.5	Continuous	Dialogue continued on developing inclusive behaviours. Launched an Employee Resource Group (BeU) on LGBTIQ+ community. Implemented a gender payequity review process.

Diversity and inclusion KPI	Contribution to the SDGs	2030 target	2022 results
Employees' sense of belonging	SDG Target 8.5	Among the top 10% of benchmark companies	In the Employee Engagement Survey average score of 68. Below top 10% benchmark companies by 12 points.
Continuous improvement in female representation in professional and managerial roles. Developing leadership and decisionmaking capabilities with increased diversity	SDG Target 8.5	40% female representation	31.4%
Diversity and inclusion initiative	SDG Target 8.5	Continuous	Dialogue continued on developing inclusive behaviours and a learning on LGBTIQ+ inclusive workplace launched. A gender pay equity review process implemented.

Diversity and inclusion targets	Contribution to the SDGs	2021 results
New target: UPM is among the top 10% of companies on employees’ sense of belonging by 2030.	SDG Target 8.5	Average score of 67 on Employee Engagement Survey question about belonging. This is 13 points below the benchmark of top 10% companies.
Old target: People feel that UPM values and promotes diversity. People are treated fairly in their work environment and can advance regardless of personal background or characteristics. 95% favourable in the Employee Engagement Survey Diversity and Inclusion index by 2030.	SDG Target 8.5	This target has been replaced with the one above. Reason was a method change in UPM's Employee Engagement Survey.
New target: Continuous improvement in the female representation in professional and managerial roles, 40% by 2030. Developing leadership and decision-making capabilities with increased diversity.	SDG Target 8.5	First follow-up on this target will be available for 2022.
Diversity and inclusion initiative (continuous)	SDG Target 8.5	UPM continued a dialogue on developing inclusive behaviours. Implemented a gender pay equity review process.

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Diversity and inclusion

Developing an organisational culture and workplace to ensure diverse and inclusive working environment for business success

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