Submitted by: Phil Riebel 09/14/2012
UPM’s Biofore vision and consistent work on corporate responsibility has gained recognition: UPM has been listed as the only forestry and paper company worldwide in the Dow Jones Sustainability Indexes.
are very happy that our work on corporate responsibility is recognised
externally through both the Supersector Leader and the Forestry &
Paper Sector Leader acknowledgments in the Dow Jones Sustainability
Index. Continuous improvement in our environmental, social and financial
performance is a fundamental part of UPM’s Biofore strategy. During the
past year we have focused especially on material and resource
efficiency – creating more with less is a key driver for us. I would
also like to highlight our company-wide safety initiative that has been a
top leadership priority”, says Jussi Pesonen, CEO, UPM.
UPM was assessed as the best company in environmental dimension within Forestry & Paper sector with very high scores. The DJSI review has been announced by Sam Sustainable Asset Management AG who stated in its report: ”UPM has emerged as the new frontrunner in the forestry and paper sector. Its “Biofore” business strategy strongly promotes economic, social, and environmental sustainability throughout its business operations.”
The annual review of the DJSI is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as climate change strategies, supply chain standards, labour practices, corporate governance and risk management.