UPM Annual Report 2021

BEYOND FOSSILS

UPM

STRATEGY

BUSINESSES

RESPONSIBILITY

GOVERNANCE

ACCOUNTS FOR 2021

BEYOND FOSSILS

CEO review This is UPM

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CREATING A POSITIVE IMPACT IN MORE SUSTAINABLE ACTIVEWEAR

It's a material world Sustainable choices

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The size of the global activewear market was about USD 354 billion in 2020 and it is expected to grow by 25% by 2026. From 2019 to 2020, sustainable activewear in the US and the UK grew by 45-65%, depend ing on the category. We innovate unique and responsible biochemicals from wood-based biomass that can be used in polyester textiles and training shoes, for example.

Key figures

Events and recognitions Creating shareholder value

Read more about our positive impact on UPM’s website (Source: Statista)

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UPM ANNUAL REPORT 2021

UPM ANNUAL REPORT 2021

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