(UPM, Helsinki, 26 August 2024 at 11:00 EEST) – EcoVadis has awarded UPM a platinum score based on the company’s sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry.
“The feedback from Ecovadis, both on strengths and areas of improvement, is extremely valuable and helps us to continuously improve our sustainability performance,” says Sami Lundgren, Vice President, Responsibility, UPM.
“In this year’s assessment, I would like to highlight our good scores in labour and human rights and related policies. Our commitments and transparent reporting in areas such as health and safety, gender pay equity, living wage, and diversity and inclusion, demonstrate our intention to improve performance and mitigate risks. UPM’s top rating also recognises the work we have done to promote sustainability throughout the value chain. We have a comprehensive sustainable supply chain programme that drives compliance and risk mitigation and helps achieve our environmental, social, and governance targets and ambitions.”
EcoVadis assesses the performance of globally operating companies in more than 220 purchasing categories and in more than 180 countries. The rating is based on a comprehensive assessment of the companies’ sustainability activities, including verified public information on supply chain practices. Read more about EcoVadis at www.ecovadis.com.
For further information please contact:
Sami Lundgren, Vice President, UPM Responsibility, tel. +358 40 580 0910
UPM, Media Relations
Mon-Fri 9:00–16:00 EEST
tel. +358 40 588 3284
media@upm.com
UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas : UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com
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