UPM Wins Gold Class Sustainability Award

 

UPM, Finland, has received Industry Leader position with Gold Class Distinction in the RobecoSAM’s annual Sustainability Yearbook. The Sustainability Yearbook lists the world’s sustainability leaders and ranks companies into gold, silver, and bronze class on the basis of their performance in the RobecoSAM’s annual Corporate Sustainability Assessment (CSA). 

The CSA is an 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.

For each industry, the company with the highest score is named as the RobecoSAM Industry Leader. The leading company is considered to be best prepared to seize the opportunities and manage the risks deriving from economic, environmental, and social developments.

"The Industry Leader with the Gold Class distinction results from our good ranking in the Dow Jones Sustainability Indices (DJSI)," said Päivi Salpakivi-Salomaa, VP, Environment and Responsibility, UPM. "We have been assessed as the industry leader in sustainability in the DJSI maintained by RobecoSAM. This is a result of our systematic work and development, e.g. in the areas of resource efficiency, responsible forestry and sourcing, as well as working conditions and safety," she continued.

Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America, and UPM Plywood. The group employs some 21,000 people. 

RobecoSAM is an investment specialist focusing exclusively on Sustainability Investing. It assesses the sustainability performance of more than 2,000 companies annually and has been publishing the Sustainability Yearbook for 12 years.