The global non-profit, CDP, has recognised UPM as one of the only six Triple A List companies globally for its significant actions to mitigate climate risk, prevent deforestation and enhance water stewardship. UPM was featured on the A List for Climate, Forests and Water out of thousands who were evaluated in 2019.
“We are truly honoured to receive this recognition. A leadership position on the A List in all three dimensions of CDP shows that our ambitious 2030 responsibility targets and working towards them is seen globally significant,” says Sami Lundgren, Vice President, Responsibility, UPM.
“We aim for continuous improvement, which is also reflected by our recent commitment to the UN Business Ambition for 1.5°C with dedication to climate-positive forestry, ambitious CO2 emission reductions and new product innovations,” Sami Lundgren continues.
UPM aims to create positive value as a company and through its products. Switching to renewable, wood-based materials and products play a crucial role in this. UPM only uses raw materials originating from sustainably managed forests, where biodiversity is secured.
“Our biodiversity programme has been an integral part of our global forestry operations for more than 20 years. We are developing validated methods to measure the impact of our actions on biodiversity. In production, continuous improvement by eg. decreasing emissions and by ensuring efficient use of water, is an essential part of responsible business conduct,” Sami Lundgren says.
CDP’s annual disclosure and assessment process is widely recognised as the gold standard of corporate environmental transparency. In 2019, over 500 investors with over USD 96 trillion in assets requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded.
Paul Simpson, CEO of CDP: “Congratulations to the companies that achieved a position on CDP’s A List this year for leading environmental performance and transparency. The scale of the business risks due to climate change, deforestation and water insecurity is vast – as are the opportunities from addressing them – and it’s clear that the private sector has a vital role to play. The A List companies are leading the market in sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy.”