Our focus targets
UN SDG Target 8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors.
Measuring our contribution:
- We aim to have comparable EBIT growth through focused top-line growth and margin. In 2020, our comparable EBIT decreased by 32% to EUR 948 million.
- Our aim is to have comparable ROE 10%. In 2020, it was 7.5%.
- Our net debt/EBITDA was 0.04 times in 2020. Our aim is to have it around 2 times or less.
Read more about the investment decision for a new pulp mill in Uruguay, and our innovation performance.
UN SDG Target 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
Measuring our contribution:
- We want people to feel that UPM values and promotes diversity, and that people are treated fairly in their work environment and can advance regardless of personal background or characteristics. We aim to have 95% favourable Employee Engagement Survey Diversity and Inclusion index by 2030. Currently, responses to the Employee Engagement Survey’s Diversity and Inclusion index are 71% favourable.
- We aim to have 100% completion rate of goal setting discussions, and development plans created for all employees by 2030. In 2020, 82% of employees had completed individual goal setting or annual discussion, and 63% had a development plan documented.
- Currently, responses to Employee Engagement Survey’s question regarding learning and development were 69% favourable. We want employees to perceive good opportunities for learning and development at UPM, and aim to have 80% favourable Employee Engagement Survey by 2030.
- Our aim is to have employee engagement and enablement indices with favourable score clearly above external high-performing norm by 2030. Currently, employee engagement index is 71% favourable that is 2 ppt points below the external high-performing norm, and employee enablement index 75% favourable, which is 2 pp above the external high-performing norm.
Read more about our employer brand image and career development at UPM.
UN SDG Target 8.8 Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment.
Measuring our contribution:
- Our aim is no fatalities or serious accidents in UPM operations. We had no fatal accidents and two serious accidents in 2020.
- We target to have lost time accident frequency (LTAF) <1. In 2020, LTAF was 2.8 for UPM workforces and 3.5 including contractors.
- We aim to have total recordable injury frequency (TRIF) <2 which was 5.3 for UPM workforce and 6.2 including contractors in 2020.
- Currently our absenteeism rate is 3.9% which we aim to have <2% in all organisations by 2030.
- All of our production sites have an OHS management system in place. We aim that all operations have certified OHS system by 2030. Currently 47% of the sites have external certification of their OHS system.
Read more about assessment of human rights in Uruguays, safety in Kymi and Augsburg mills.
Our other contributions to Goal 8
UN SDG Target 8.7 (No child labour and forced labour):
We have zero tolerance to child and forced labour in our operations as well as in the supply chain.
Read more about our commitment to respecting and promoting human rights.
