UPM-Kymmene Oyj 2020 AR2
The report highlights UPM's performance and progress in its transformative growth projects in Uruguay and Germany during the challenging year of 2020. Despite the COVID-19 pandemic, the company maintained a strong financial position, with sales of EUR 8.6 billion and a comparable EBIT of EUR 948 million. UPM committed to the UN Business Ambition for 1.5C and received validation for its science-based target to reduce Scope 1 and 2 emissions by 65% by 2030. Additionally, the company issued its first Green Bond of EUR 750 million and linked its revolving credit facility to biodiversity and climate targets.
Company: UPM-Kymmene Oyj
Sector: Materials
Country: Finland
Year: 2020
Type: AR2
Pages: 117
UPM-Kymmene Oyj
Annual Report
The report highlights UPM's performance and progress in its transformative growth projects in Uruguay and Germany during the challenging year of 2020. Despite the COVID-19 pandemic, the company maintained a strong financial position, with sales of EUR 8.6 billion and a comparable EBIT of EUR 948 million. UPM committed to the UN Business Ambition for 1.5C and received validation for its science-based target to reduce Scope 1 and 2 emissions by 65% by 2030. Additionally, the company issued its first Green Bond of EUR 750 million and linked its revolving credit facility to biodiversity and climate targets.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Women on Board
Workplace Fatalities
Employees