UPM Annual Report 2020

GOVERNANCE

Governance framework

100 107 110

Remuneration

Board of Directors

Group Executive Team 112 Independent Practitioner’s Assurance Report 114

Europe recycles 30% of its plastics, and in Germany, nearly 95% of all PET bottles are already recycled. Even better news is that the share of bioplastics will grow from the current 1% to its full potential as the market expands. Consumers expect and get more responsible alternatives. GOOD NEWS ON PLASTIC RECYCLING

Sources: European Bioplastics, the German Society for Packaging Market Research

98

99

UPM ANNUAL REPORT 2020

UPM ANNUAL REPORT 2020