We appreciate the opportunity provided by Environmental Paper Network to give our response to their conclusions regarding UPM’s green bonds issued in November, 2020 and March, 2021: “INDUSTRIAL TREE PLANTATIONS AND GREEN BONDS SERIES 2” published on June 2021. Not all our comments were taken into consideration in the report and thus we want to reiterate our views on the manner that promotes transparency and balanced dialogue.
UPM’s view to Environmental Paper Network’s report on green bonds