Submitted: The Two Sides Team September 14, 2012
UPMs Biofore vision and consistent work on corporate responsibility has gained recognition: UPM has been listed as the only forestry and paper company worldwide in the Dow Jones Sustainability Indexes.
September 13 2012
UPM Press Release
Biofore vision and consistent work on corporate responsibility has
gained recognition: UPM has been listed as the only forestry and paper
company worldwide in the Dow Jones Sustainability Indexes. The company
has been selected both as a Supersector Leader in Basic Resources sector
and Forestry & Paper Sector Leader for 2012-2013 in the Dow Jones
Sustainability Index (DJSI). UPM was chosen as an index component for
both to the European and World Sustainability Index for 2012-2013.
DJSI tracks the stock performance of the world’s leading companies in
terms of economic, environmental and social criteria. The DJSI follow a
best-in-class approach, including companies across all industries that
outperform their peers in numerous sustainability metrics.
are very happy that our work on corporate responsibility is recognised
externally through both the Supersector Leader and the Forestry &
Paper Sector Leader acknowledgments in the Dow Jones Sustainability
Index. Continuous improvement in our environmental, social and financial
performance is a fundamental part of UPMs Biofore strategy. During the
past year we have focused especially on material and resource
efficiency creating more with less is a key driver for us. I would
also like to highlight our company-wide safety initiative that has been a
top leadership priority, says Jussi Pesonen, CEO, UPM.
UPM was assessed as the best company in environmental dimension within Forestry & Paper sector with very high scores. The
DJSI review has been announced by Sam Sustainable Asset Management AG
who stated in its report: UPM has emerged as the new frontrunner in the
forestry and paper sector. Its Biofore business strategy strongly
promotes economic, social, and environmental sustainability throughout
its business operations.
The annual review of the DJSI is based
on a thorough analysis of corporate economic, environmental and social
performance, assessing issues such as climate change strategies, supply
chain standards, labour practices, corporate governance and risk