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Montevideo, September 27th 2023 - 16:17 UTC



UPM assessed as industry leader in environmental sustainability

Friday, September 13th 2013 - 02:21 UTC
Full article 41 comments
The UPM plant in Uruguay with an annual production of 1.1 million tons of pulp The UPM plant in Uruguay with an annual production of 1.1 million tons of pulp

Finland’s energy and pulp UPM group has again been named among the world's sustainability leaders. The company has retained its position in both the Dow Jones European and World Sustainability Indices (DJSI) for 2013-2014. Furthermore, the company has been assessed as the industry leader in environmental sustainability within the Paper and Forest Products sector with top scores.

“We are extremely pleased that our work on corporate responsibility has again been recognised. The foundation for corporate responsibility at UPM is the company's Biofore strategy. Innovation plays a key role in developing resource-efficient solutions for a more sustainable world. For instance, we are building the world's first biorefinery to produce second-generation renewable diesel in Finland. We aim to become a major player in Europe in the production of renewable, high quality advanced biofuels”, says Jussi Pesonen, CEO, UPM.

”In the area of social responsibility, we have focused on work safety. Our safety initiative launched at the beginning of 2012 has resulted in exceptional success. UPM's global Lost Time Accident Frequency (LTAF) has decreased by more than 40% in less than 2 years”, added Jussi Pesonen.

The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics.

UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people. UPM is present in 67 countries and has production units in 17 countries. UPM annual sales exceed EUR 10 billion. UPM shares are listed on the Helsinki stock

Top Comments

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  • Conqueror

    Wow! “the company has been assessed as the industry leader in environmental sustainability within the Paper and Forest Products sector with top scores.” Get that? “Industry leader”. And this is the company that argieland would like the world to believe has dropped all its standards to operate a mill in Uruguay. Hands up all those who believe that well-known liar, argieland. Important point here; if you do not state the country where you reside your “vote” will not be counted.

    Sep 13th, 2013 - 10:03 am 0
  • redp0ll
    Perhaps UPM should publish thier own results on pollution monitoring from thier factory into the Rio Uruguay. By doing so CARU would either have to accept them or refute them by publishing thier own results which so far they have not done so owing to the intransigence of the Argentine delegates on CARU

    Sep 13th, 2013 - 10:51 am 0
  • ChrisR

    UPM ARE world leaders in pulp manufacture and other, wood and succulent based pulps.

    There laboratory procedures have international approval and all their test equipment is regularly calibrated to the appropriate international standards.

    So what does this mean:

    1) ALL the water samples taken for test will be correctly sampled for the time and location as specified;

    2) The testing of the samples will be done strictly in accordance with the written procedures and can then be related to the results from all the other samples of this type;

    3) The data will be as found and not subject to any unauthorised modifications.

    Compare that with CARU and indeed Uruguay. Does anyone believe there are standardised written procedures, calibrated testing equipment, even CLEAN collection vessels all traceable to international standards? Of course not. AND even these two outfits found that the results were within acceptable limits. How do we know the argie tests were acceptable: they would have cried blue murder if they had ANY evidence to the contrary.

    Sep 13th, 2013 - 02:55 pm 0
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