UPM has achieved a significant milestone, being the only company in the forest and paper industry listed in both the global and European Dow Jones Sustainability Index (DJSI) for 2024/2025. These prestigious indices evaluate companies' sustainability performance across environmental, social, and corporate governance dimensions, underscoring UPM’s leadership in sustainable business practices.

Driving sustainability through strategy and innovation

“Sustainability is at the core of our strategy, and we are committed to creating a positive impact for our customers, society, and the planet,” said Sami Lundgren, vice president, Responsibility at UPM. “By leveraging sustainable, renewable resources, minimizing our environmental footprint, and delivering innovative solutions, we continue to set benchmarks in our industry.”

UPM’s updated strategy, unveiled in September 2024, exemplifies this commitment. The company’s diverse business portfolio focuses on sustainable raw materials and fossil-free energy, enabling growth in renewable fibers, advanced materials, and decarbonization solutions. At the same time, UPM’s graphic papers business remains a strong contributor to cash flow, reflecting a balanced approach to innovation and operational excellence.

Green bonds strengthen UPM’s sustainability leadership

In 2024, UPM successfully issued a €600 million green bond under its Green Finance Framework, further solidifying its position as a leading green bond issuer in the Nordic region. With a total volume of €2.35 billion across four issuances, these green bonds directly align UPM’s financing with its ambitious sustainability goals.

“These green bonds not only strengthen our financial framework but also directly support our sustainability initiatives,” added Lundgren. “They are a testament to our commitment to driving impactful change through our business operations.”

Positioned for a sustainable future

UPM’s dedication to sustainability extends beyond its operations, as the company focuses on decarbonization, innovation in renewable materials, and creating a sustainable future for generations to come. Its recognition in the DJSI indices reflects its unwavering commitment to these values and highlights its leadership in the forest and paper industry.