UPM was awarded the Dow Jones Sustainability Index Forest and Paper Industry Leader title

Release Date:2023-12-15 16:40:49

On November 16, 2020, Europe - UPM was listed as the leader in the forest and paper industry in the Dow Jones Europe and Global Sustainability Index (DJSI) for the years 2020-2021.

Population growth, climate change, and scarcity of natural resources require businesses to take proactive action. The search for alternatives to fossil materials and addressing global challenges is the core of UPM's "Green to the fullest" strategy. Sami Lundgren, Vice President of Corporate Responsibility at UPM, said.

"In 2020, we took significant measures to advance our responsibility agenda. In January of this year, to mitigate global warming, we became one of the first forest enterprises in the world to commit to supporting the United Nations' business ambitions to support the 1.5 ° C temperature control target and scientific carbon target. In addition, we also established the Green Finance framework." And incorporate the responsibility goals of sustainable forest management, emission reduction, and innovative bioeconomy products into the company's long-term financing. Sami Lundgren continued.

We congratulate UPM on being included in the global DJSI. The DJSI award is a reflection of UPM's leadership in sustainable development within the industry. The number of companies participating in the 2020 Corporate Sustainability Assessment has reached a historic high, and this year's selection rules have become stricter. This highlights UPM's outstanding performance and recognizes and rewards your company's contributions to humanity and the planet. Manjit Jus, Global Head of ESG Research and Data at Standard&Poor's, congratulated.

"We have set ambitious sustainable development goals and are striving to achieve them. We are very proud of this recognition," concluded Sami Lundgren.

Dow Jones Sustainability Index | DJSI

The Dow Jones Sustainability Index (DJSI) mainly evaluates a company's sustainable development ability from an investment perspective, focusing on three aspects: environment, society, and corporate governance (ESG).

DJSI, which has been in operation for over 20 years, is an index that incorporates sustainable development factors into corporate financial performance. At the same time, it is also one of the authoritative ESG investment reference benchmarks.