UPM has been recognised as a Global Compact LEAD companyfor its strong engagement to the United Nations Global Compact, the world’s largest corporate sustainability initiative. The recognition was addressed to only 34 global companies at the Global Compact Leaders Summit in New York on 24 September 2018.
UPM has been a signatory of the United Nations Global Compact initiative since 2003 and is strongly committed to responsible business conduct.
To be eligible for LEAD recognition, companies are expected to be a participant in at least two Global Compact Action Platforms. They also need to demonstrate engagement with the initiative and commitment to defining and fostering leadership practices in line with the Global Compact Ten Principles and the Sustainable Development Goals (SDGs). In addition, the companies are to report on their progress on implementing the Ten Principles on annual basis.
Furthermore, the company has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time. Global megatrends and their impacts on the environment and society make it clear that a major turnaround in the use of non-renewable fossil-based products and materials is needed. As the leader of the bio-based forest industry UPM’s mission is to be a part of the solution.