UPM-Kymmene Oyj 2020 Annual Report with Sustainability Disclosures
Company: UPM-Kymmene Oyj
Sector: Manufacturing
Country: Finland
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 117
The report describes UPM's 2020 focus on safety, responsibility and growth during the COVID-19 pandemic, alongside a strengthened climate strategy. The company reported a 20% reduction in fossil CO2 emissions from 2015 and set a 65% Scope 1 and 2 reduction target by 2030, with a further 30% supply-chain target. It reported 18,014 personnel at year-end and issued its first EUR 750 million green bond linked to its Green Finance Framework. The report also highlights validated science-based targets, TCFD disclosures and continued UN Global Compact participation.
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