Annual Report

Overview

The report presents 2019 as a milestone in UPM's transformation beyond fossil-based materials, with EUR 10,238 million in sales and a major Uruguay pulp mill investment. It integrates responsibility reporting into the Annual Report and sets a 65% Scope 1 and 2 fossil CO2 reduction target by 2030 from 2015. UPM reports 18,742 year-end employees, one fatal accident and 96% Code of Conduct training completion. It also reports GRI Core, TCFD, UN Global Compact LEAD and CDP A List disclosures, with corporate responsibility information externally assured by PricewaterhouseCoopers Oy.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2019
Period: 1 January 2019 – 31 December 2019
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

Ratings

GRI level
SBTi status
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview