UPM-Kymmene Oyj 2014 AR2
The report highlights UPM's progress in 2014, marking the first full year of its new six-business-area structure. The company achieved its EUR 200 million profit improvement target ahead of schedule and initiated a new EUR 150 million savings programme. Key milestones included starting commercial production of wood-based renewable diesel at the Lappeenranta biorefinery in early 2015. UPM also made significant progress in safety, reducing its lost-time accident frequency by 70% over three years. Financially, the company reported an operating profit of EUR 847 million excluding special items and a strong operating cash flow of EUR 2.33 per share.
Company: UPM-Kymmene Oyj
Sector: Materials
Country: Finland
Year: 2014
Type: AR2
Pages: 76
UPM-Kymmene Oyj
Annual Report
The report highlights UPM's progress in 2014, marking the first full year of its new six-business-area structure. The company achieved its EUR 200 million profit improvement target ahead of schedule and initiated a new EUR 150 million savings programme. Key milestones included starting commercial production of wood-based renewable diesel at the Lappeenranta biorefinery in early 2015. UPM also made significant progress in safety, reducing its lost-time accident frequency by 70% over three years. Financially, the company reported an operating profit of EUR 847 million excluding special items and a strong operating cash flow of EUR 2.33 per share.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
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