09.19.14
UPM has been listed as the industry leader in the Dow Jones European and World Sustainability Indix (DJSI) for 2014-2015.
The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labor practices, corporate governance and risk management. The DJSI recognizes companies across all industries that achieve high standards in sustainability metrics.
“We have been assessed as the world's sustainability leader of our industry and we can be very proud of it. We consider responsibility as a competitive advantage, and UPM's Biofore strategy is a strong indication of our commitment to sustainable development,” says Jussi Pesonen, CEO of UPM. “Our existing and new businesses using renewable and recyclable raw materials are at the core of our Biofore strategy. We aim to create more with less in all our own operations. The efficient use of raw materials and energy brings savings in terms of the environment and costs.”
UPM has defined corporate responsibility principles in the key areas of economic, environmental and social responsibility. The company says their aim is to continuously improve their performance in all of these areas.
“In social responsibility, our focus is on work safety and wellbeing in particular. Our Step Change in Safety initiative, launched in 2012, has resulted in exceptional success. UPM's lost time accident frequency (LTAF) has globally improved by more than 60 percent in two years.” Pesonen concludes.
The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labor practices, corporate governance and risk management. The DJSI recognizes companies across all industries that achieve high standards in sustainability metrics.
“We have been assessed as the world's sustainability leader of our industry and we can be very proud of it. We consider responsibility as a competitive advantage, and UPM's Biofore strategy is a strong indication of our commitment to sustainable development,” says Jussi Pesonen, CEO of UPM. “Our existing and new businesses using renewable and recyclable raw materials are at the core of our Biofore strategy. We aim to create more with less in all our own operations. The efficient use of raw materials and energy brings savings in terms of the environment and costs.”
UPM has defined corporate responsibility principles in the key areas of economic, environmental and social responsibility. The company says their aim is to continuously improve their performance in all of these areas.
“In social responsibility, our focus is on work safety and wellbeing in particular. Our Step Change in Safety initiative, launched in 2012, has resulted in exceptional success. UPM's lost time accident frequency (LTAF) has globally improved by more than 60 percent in two years.” Pesonen concludes.