UPM remains the most sustainable company in the Paper and Forest industry
UPM was named industry leader for the Paper and Forest industry in the Dow Jones European and World Sustainability Indices (DJSI) for 2019-2020 for the seventh time. Of 61 industry leaders recognised worldwide, UPM was the only Finnish company on the list.
The Dow Jones Sustainability Indices are published in collaboration with Robeco SAM. The SAM Corporate Sustainability Assessment (CSA) is the longest running global sustainability benchmark and the key reference point in investing. In 2019, over 3,500 companies based on market capitalization were invited to the DJSI, marking the biggest increase in corporate participation in the SAM CSA.
RobecoSAM selects the most relevant criteria in each sustainability dimension – Economic, Environmental and Social – based on their weight in the assessment and their current or expected significance for the industry. UPM registered a four-point increase in its total score, from 85 to 89 and posted the industry best scores in all dimensions.
UPM’s continued strong performance on the DJSI recognition reaffirms the company’s goal to usher in a future beyond fossils. UPM Communication Papers’ main raw material, for example, is wood fibre – a renewable resource that comes from sustainably managed forests. In combination with its circular economy approach, UPM Communication Papers keeps the wood fibre in use as recycled fibre at an unrivalled scale: UPM Communication Papers recycles more paper and uses more recycled fibre than any other graphic paper producer in the world. In fact, since 2001, the UPM Communication Papers has tripled its use of recovered paper to 2.5 million tonnes a year.
Focus on the entire value chain
UPM Communication Papers’ aims to create value for its customers by delivering products with high sustainability credentials. By focusing on areas such as raw materials, production, value creation and people and society, UPM Communication Papers ensures that this aspiration is present throughout the whole value chain.
The goals in UPM Communication Papers’ Sustainability Agenda are mirrored in UPM’s strong performance in the Codes of Business Conduct, Customer Relationship Management, Supply Chain Management, Climate Strategy, Environmental Reporting, Product Stewardship, Social Impacts on Communities, and Human Rights criteria under the three sustainability dimensions of the DJSI.
UPM Communication Papers remains committed to becoming the sustainability leader of the paper industry by following practices such as maintaining CO2-neutral energy production at own sites, using FSC®- and PEFC®-certified wood raw materials in all paper grades, continuing R&D and product development towards zero waste and to replace fossil-based materials, among others.
(UPM)