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UPM

OVERALL

Owned
FIN
Rating
Praises, some criticism

Forest industry

UPM consists of three Business Groups: Energy and Pulp, Paper, and Engineered Materials.

UPM-Kymmene Oyj   FIN     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
UPM-Kymmene Oyj
Environment CDP Forests Score of A
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of A.
Source: CDP (2022)
Environment CDP Climate Change Score of A
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A.
Source: CDP (2022)
Social CDP Water Security Score of A
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of A.
Source: CDP (2022)
Business Ethics 83/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 83/100 in the Paper & Forest Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
Environment Supply chain practices in China
This company received a score of 8.3/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Environment FSC certification
This company holds Forest Stewardship Council Chain of Custody Certification, and sells products certified as FSC Mix, FSC 100%, FSC Recycled and FSC Controlled Wood.
Source: FSC (2017)
Social Gender equality
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2021)
Business Ethics Circular Economy 100 member
This company is a member of the Circular Economy 100 (CE100) Network, a multi-stakeholder platform run by the Ellen MacArthur Foundation. The CE100 is the world's leading circular economy network, and facilitates market making by providing collaborative and pre-competitive opportunities which bring together business, innovators, cities and governments, universities, and thought leaders.
Source: Ellen MacArthur Foundation (2019)
Business Ethics How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
Business Ethics 'Biodiversity in Good Company' member
This company is a member of the 'Biodiversity in Good Company' Initiative. They have signed the Leadership Declaration, thereby committing to the integration of biodiversity conservation concerns into their entrepreneurial actions and management systems.
Source: Biodiversity in Good Company (2020)
Environment 47% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 47%.
Source: Forest 500 (2021)
Environment Rainforest pulp
UPM-Kymmene Fine Paper, a strategic alliance between UPM-Kymmene of Finland and Singapore-based APRIL, source raw materials from Riau Pulp pulp mill, whose production is almost completely based on rainforest wood. [Note: source 1997]
Source: WRM's bulletin, November 1997 (1997)
Environment WWF Paper Company Index 2011
This company received a score of 59/100 in the Fine Paper category of WWF's Environmental Paper Index 2011. Companies are rated on responsible fibre sourcing, clean production and environmental management systems and transparency.
Source: WWF (2011)
Environment Cancelled contract with APRIL
UPM-Kymmene's decided to stop purchasing pulp from APRIL in 2009 following a campaign by FOE Finland and Greenpeace Nordic. APRIL destroys rainforest in Indonesia.
Source: FOE Finland (2009)

> About the Icons

Company Details

Type Public company
Founded 1996
Revenue 10.2 billion EUR (2019)
Employees 18,700 (2019)

Contact Details

Address Helsinki, Finland
Email info@upm-kymmene.com
Website www.upm.com

Products / Brands

UPM
Yes Printer Paper


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