Acknowledged industry leader
Our committed work has brought us recognition as an industry leader in international indices assessing various aspects of responsibility.
Top listing in key indices
Over the past few years UPM’s performance and consistent work in the field of corporate responsibility has received recognition from many external parties. Here are some examples:
UN Global Compact LEAD
In September 2018 we were again honoured to be named a Global Compact LEAD company for our committed engagement to the United Nations Global Compact, the world’s largest corporate sustainability initiative. UPM is one of only 34 global companies to receive this recognition alongside other leading corporations.
UPM has enjoyed LEAD status since January 2016. We are the only forest industry enterprise and the first Finnish company to be invited to join this distinguished network.
To be eligible for LEAD recognition, companies are expected to be active on at least two Global Compact Action Platforms. They must also demonstrate engagement in defining and fostering leadership practices in line with the Global Compact Ten Principles and the Sustainable Development Goals (SDGs). In addition, they must report annually on their progress in implementing the Ten Principles.
UPM participates in two Action Platforms: Reporting on the SDGs and Decent work in global supply chains. The Decent Work Action Platform members have today published their commitment to advance responsible supply chains and a Baseline Report describing the challenges and opportunities of this work. Read more here.
The Reporting on the SDGs Action Platform has already earlier published two reports and a guidance document for SDG reporting.
For more information, please check
Gold Class and Industry Mover distinctions in RobecoSAM's Sustainability Yearbook 2018
RobecoSAM gives recognition to high standards of excellence in sustainability performance. In February 2018 we were listed in the RobecoSAM Sustainability Yearbook 2018, achieving both Gold Class and Industry Mover distinctions. The RobecoSAM Industry Mover title goes to the company that has achieved the largest proportional improvement in its sustainability performance compared to the previous year.
Read more on UPM's press release 1 February 2018
Dow Jones Sustainability Index
lists sustainability leaders from each industry, both on a global and regional level.
The annual review of the DJSI is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as climate change mitigation, supply chain standards, labour practices, corporate governance and risk management.
On the 13 September 2018, UPM was listed as the forest and paper industry leader in the Dow Jones European and World Sustainability Indices for 2018-2019, now for the sixth time.
Read more on our press release on 13 September 2018
UPM recognised as the industry's most responsible company in the global Dow Jones Sustainability Index Leader in responsibility
Water Efficiency Frontrunner in China
In January 2018 we were selected as a Water Efficiency Frontrunner in Jiangsu Province and China at large. The qualification process, including on-site audits and a review of all relevant documentation, was done by the China Ministry of Industry and Information Technology and Ministry of Water Resources. As a frontrunner, we set the industry benchmark for the promotion of water efficiency in China. In total, 11 companies received this highest level of recognition in China. UPM is the first and only company to be awarded this title in Jiangsu Province.
Bioenergy Industry Leadership award
In December 2017 UPM Biofuels was chosen as the Bioenergy Industry Leader at the 2017 Platts Global Energy Awards - often described as the Oscars of the energy industry. UPM Biofuels was nominated for its wood-based, low-emission advanced UPM BioVerno biofuels, and its one-of-a-kind commercial scale biorefinery in Lappeenranta, Finland. UPM outperformed energy companies from nearly 30 countries on four continents, including some of the world's leading energy giants.
Read more in UPM press release 8th December 2017.
Nordic bioeconomy - 25 cases for sustainable change
The Nordic Bioeconomy Panel under The Nordic Council of Ministers has chosen UPM BioVerno and GrowDex® for the Nordic bioeconomy - 25 cases for sustainable change catalogue.
UPM BioVerno is a renewable diesel made of crude tall oil, a wood residue from pulp production. GrowDex® is a wood-based nanocellulose hydrogel developed for the needs of the pharmaceutical industry.
CDP Climate, Water and Forests
In 2017 UPM achieved leadership in all three programmes of CDP, the non-profit global environmental disclosure platform. We made the A List for water and forests and scored A- for climate
CDP’s A List comprises companies from around the world recognized for their leading efforts and actions to combat environmental risk in the past reporting year. UPM is one of the only four companies to score an A for both water and forests.
This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability.
The A-List and full company scores are available on CDP's website: https://www.cdp.net/en/scores-2017
Read more in UPM press release 25 October 2017.
Euronext Vigeo Europe 120 Index
UPM has been listed on the Euronext Vigeo Europe 120 Index since 2015. This index recognizes companies achieving advanced standards of excellence in Environmental, Social and Governance performance. The 330 index components are reviewed every six months in December and June.
Global Compact Stock Index
UPM has been included in the United Nations Global Compact 100 since 2013. Combining corporate sustainability and baseline financial performance, this global stock index recognizes 100 companies selected for their adherence to the Global Compact’s ten principles as well as evidence of executive leadership commitment and consistent baseline profitability.
UPM forest management practises recognised by FAO
The Food and Agriculture Organization of the United Nations (FAO) recognised UPM for its exemplary forest management practices in June 2015. The recognition was conferred by the Forestry General Direction of Uruguay as part of a National Workshop titled “Methodological Transfer of Exemplary Cases of Sustainable Forest Management”.
STOXX Global ESG Leaders Index
The STOXX Global ESG Leaders Index is a listing of leading global companies based on environmental, social and governance (ESG) criteria and indicators provided by Sustainalytics. UPM has been listed since the launch of the index in 2011.