UPM-Kymmene Oyj 2022 AR2
The report highlights UPM's record financial performance in 2022, with sales increasing by 19% and comparable EBIT rising by 42% despite geopolitical and economic challenges. The company made significant progress on its transformative growth projects, including the near completion of the Paso de los Toros pulp mill in Uruguay and the Leuna biochemicals refinery in Germany. UPM also advanced its sustainability agenda by launching the Forest Action programme and committing to a net-zero target by 2040. Additionally, the company successfully negotiated business-specific collective labour agreements in Finland, enhancing operational flexibility.
Company: UPM-Kymmene Oyj
Sector: Manufacturing
Country: Finland
Year: 2022
Type: AR2
Pages: 125
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UPM-Kymmene Oyj
Annual Report
The report highlights UPM's record financial performance in 2022, with sales increasing by 19% and comparable EBIT rising by 42% despite geopolitical and economic challenges. The company made significant progress on its transformative growth projects, including the near completion of the Paso de los Toros pulp mill in Uruguay and the Leuna biochemicals refinery in Germany. UPM also advanced its sustainability agenda by launching the Forest Action programme and committing to a net-zero target by 2040. Additionally, the company successfully negotiated business-specific collective labour agreements in Finland, enhancing operational flexibility.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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 in Management
Workplace Fatalities
Net Zero Target
Employees