UPM is reportedly the only company from the forest and paper industry to make the Dow Jones Sustainability Index (DJSI), which evaluates a company’s sustainability performance through an ESG lens, for 2024/2025.
After publishing an updated strategy in September 2024, UPM is now listed in the global and European DJSIs. It claims to have centred its business portfolio around raw materials and fossil-free energy to drive its growth in renewable fibres, advanced materials, and decarbonization solutions.
At the same time, it names graphic papers as a generator of ‘strong cash flows’.
Furthermore, UPM’s fourth green bond has been issued under its Green Finance Framework, reaching a volume of €600 million in 2024. This has apparently strengthened its position as one of the largest issuers of green corporate bonds in the Nordics, reaching a total volume of €2,350 million.
“We are committed to creating a positive impact for our customers by using sustainable, renewable resources, reducing our environmental footprint and amplifying our positive impact on society,” says Sami Lundgren, vice president, Responsibility. “Sustainability is a core strategic value for UPM.
“These green bonds link our financing to our sustainability goals and support our overall strategy.”
The news comes after UPM’s Specialty Papers arm was nominated for a Sustainability Award alongside Lantmännen Unibake Finland and Adara Pakkaus. Their food-safe cardboard box with a barrier inner paper, designed to replace plastic inner bags in retail and foodservice, came under the Commercialized Climate category.
UPM also attended last year’s Fachpack trade show to display a lineup of fibre-based and recyclable packaging papers; these included collaborations with Michelman, BOBST, Henkel, and Koenig & Bauer. We spoke to UPM’s Markus Jalkanen on the show floor to learn more.
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