UPM-Kymmene Oyj 2013 AR2
The report highlights UPM's performance and strategic transformation in 2013, during which the company adopted a new business structure consisting of six business areas to drive profitability and growth. UPM achieved an operating profit of EUR 683 million (excluding special items) and reduced its net debt by EUR 170 million. The company made significant progress in its 'Step Change in Safety' initiative, reducing its lost-time accident frequency by nearly 40% to 5.4. Additionally, UPM advanced its growth initiatives, including the construction of the Lappeenranta biorefinery for wood-based renewable diesel, and achieved EMAS registration for its Changshu paper mill in China.
Company: UPM-Kymmene Oyj
Sector: Materials
Country: Finland
Year: 2013
Type: AR2
Pages: 76
UPM-Kymmene Oyj
Annual Report
The report highlights UPM's performance and strategic transformation in 2013, during which the company adopted a new business structure consisting of six business areas to drive profitability and growth. UPM achieved an operating profit of EUR 683 million (excluding special items) and reduced its net debt by EUR 170 million. The company made significant progress in its 'Step Change in Safety' initiative, reducing its lost-time accident frequency by nearly 40% to 5.4. Additionally, UPM advanced its growth initiatives, including the construction of the Lappeenranta biorefinery for wood-based renewable diesel, and achieved EMAS registration for its Changshu paper mill in China.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Workplace Fatalities
Employees