CDP, a global non-profit organisation, has recognised UPM on a Forests A List for tackling deforestation. The company is one of a few high-performing companies out of nearly 12,000 that were scored. CDP uses a detailed and independent methodology to assess the companies.
“We highly value the positioning on the Forests A List. UPM is committed to climate positive forestry and improving biodiversity. Climate positive forestry means that our own and leased forests continue to be carbon sinks and that we always grow more than we harvest,” says Sami Lundgren, VP, UPM Responsibility.
“Many congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, even more so in the year of COP26 and the IPCC’s Sixth Assessment Report. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature positive and equitable world. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today,” says Paul Simpson, CEO of CDP.
CDP scores companies also for tackling climate change and taking action to ensure water security. In water UPM received A- and in Climate a score B.
“UPM is committed to science-based targets and has signed two ambitious climate pledges, the UN Business Ambition for 1.5°C and The Climate Pledge by Amazon and the Global Optimism,” says Lundgren.
The full methodology and criteria for the A List is available on CDP’s website.
Contact
Sami Lundgren, VP,
UPM Responsibility
tel. +358 40 580 0910
About UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, 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 18,000 people worldwide and our annual sales are approximately EUR 8.6 billion. Our shares are listed on Nasdaq Helsinki Ltd.
Source
UPM, press release, 2021-12-07.
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