UPM-Kymmene Oyj 2016 AR2
The report highlights UPM's record financial performance in 2016, with a 25% increase in comparable EBIT to EUR 1,143 million and a significant reduction in net debt. Under its Biofore strategy, the company advanced its transformation into six separate business areas, achieving strong growth in its pulp, biofuels, and specialty paper segments. On the sustainability front, UPM joined the UN Global Compact LEAD forum and was recognized as an industry leader in the Dow Jones Sustainability Europe Index. Key environmental achievements included a 27% reduction in effluent load since 2008 and a 69% share of renewable fuels in its energy mix.
Company: UPM-Kymmene Oyj
Sector: Materials
Country: Finland
Year: 2016
Type: AR2
Pages: 90
UPM-Kymmene Oyj
Annual Report
The report highlights UPM's record financial performance in 2016, with a 25% increase in comparable EBIT to EUR 1,143 million and a significant reduction in net debt. Under its Biofore strategy, the company advanced its transformation into six separate business areas, achieving strong growth in its pulp, biofuels, and specialty paper segments. On the sustainability front, UPM joined the UN Global Compact LEAD forum and was recognized as an industry leader in the Dow Jones Sustainability Europe Index. Key environmental achievements included a 27% reduction in effluent load since 2008 and a 69% share of renewable fuels in its energy mix.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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
Women on Board
Workplace Fatalities
Employees