Annual Report

Overview

The report describes a difficult 2008 marked by economic slowdown and high wood costs, while UPM completed major restructuring and ended the year with 24,983 employees. Environmental priorities included reducing fossil CO2 emissions, expanding biodiversity work and developing environmental management systems. It reports a 40% reduction in mill-site CO2 emissions per tonne of paper since 1990 and describes company-level GHG Protocol use.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2008
Period: Ends 31 December 2008
Publication date: 5 February 2009
Language: English
Pages
File size
Restatement: Disclosed

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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