UPM Annual Report 2019

The way we operate

UPM in changing world

Our strategy

Our businesses

Governance

Accounts for 2019

Report of the Board of Directors

Financial statements

Auditor’s report

Other financial information

Sustainability is the only solid foundation for long-term value creation

THE WAY WE OPERATE

Our 2030 responsibility targets ................................................. 60 Value from stakeholder engagement ........................................ 62 UPM businesses actively engage with stakeholders ............ 66 Enabling people growth ................................................................ 68 Strengthening our safety culture ................................................. 72 Making the right choices ................................................................74 Our value creation generates tax revenue .............................. 78 Responsible sourcing ...................................................................... 80 Lifelong product stewardship ....................................................... 82 Active customer collaboration ..................................................... 84 Committed to climate actions ....................................................... 86 Sustainable forestry ........................................................................ 88 Reducing energy use and emissions to air .............................. 90 Improving resource efficiency ..................................................... 92 Responsible water use .................................................................... 94 Circular economy ............................................................................ 96

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OUR WAY

OUR WAY

UPM ANNUAL REPORT 2019

UPM ANNUAL REPORT 2019

CONTENTS

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