UPM Tops Dow Jones Sustainability Index
UPM (Helsinki, Finland) has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time the company announced late this past month (Sept. 2018).
"We create value by seizing the limitless potential of bioeconomy, this is what we are committed to do at UPM", said Sami Lundgren, VP, UPM Environment and Responsibility.
Global megatrends and their impacts on the environment and society make it clear that a major turnaround in the use of non-renewable fossil-based products and materials is needed. As a leader of the bio-based forest industry, UPM said its mission is to be a part of the solution.
"Creating value for society both as a company and through our renewable and responsible products is an essential part of the Biofore strategy, since our operations and products have an impact on society at large. Understanding our influence is a prerequisite for us to develop our operations and to respond to the needs of surrounding communities," concluded Lundgren.
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 follows a best-in-class approach, recognizing companies across all industries that outperform their peers in sustainability metrics.
TAPPI
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