UPM Annual Report 2021

BEYOND FOSSILS

UPM

STRATEGY

BUSINESSES

RESPONSIBILITY

GOVERNANCE

ACCOUNTS FOR 2021

IT’S A MATERIAL WORLD With higher living standards and an ageing population, a growing number of urban, middle-class people are consuming more and for longer. At the same time, the world is still highly dependent on fossil raw materials and energy sources that cause climate change. Consumers, businesses and regulators alike are seeking solutions that allow a more sustainable, modern way of life. Our solutions meet these challenges caused by the megatrends now and in the future.

WHAT WE OFFER

DRIVING THE TRANSITION – LOW-EMISSION ENERGY

A SUSTAINABLE AND HEALTHY LIFESTYLE – MEETING DAILY CONSUMER NEEDS

INNOVATION FOR A BETTER FUTURE – REPLACING FOSSIL FUELS AND MATERIALS

BUILDING BETTER – LOW CARBON CONSTRUCTION

Health and wellbeing depends, to a large extent, on safe hygiene products, both in personal care and medical use. Sustainable packaging and reliable information provide a foundation for everyday life. •Fibres for hygiene and tissue products •Safe food packaging •Information labelling and sustainable packaging for e-commerce •Papers for communication •Personalised medicine

Customers and consumers need alternatives to fos sil-based products to make sustainable choices. We provide a wide range of solutions so that consumers and businesses can switch to renewable raw materi als and energy and reduce their carbon footprint. •Materials for various consumer products like textiles, PET bottles, packaging, cosmetics and pharmaceuticals •Replacing fossil-based plastics •Decarbonising traffic

We make living spaces better by providing renew able, healthy and naturally beautiful construction materials. Carbon-neutral processes and renew able raw materials maximise sustainability. •Renewable construction materials •Carbon-storing buildings •Lighter transportation equipment

Fossil-based energy forms about 64% of the world’s CO 2 emissions. The transition to a low- carbon economy requires our energy sources to be fossil-free as soon as possible.

•CO 2 -free electricity •Renewable energy •Reliable and adjustable energy

10

11

UPM ANNUAL REPORT 2021

UPM ANNUAL REPORT 2021