UPM Annual Report 2022

RESPONSIBILITY

UPM

BEYOND FOSSILS

BUSINESSES

GOVERNANCE

ACCOUNTS FOR 2022

OUR RESPONSIBLE WAY OF OPERATING CREATING VALUE FOR PEOPLE AND SOCIETY Active dialogue with stakeholders 60 Engaging employees 64 Diverse and inclusive working culture 68 Safety first 70 Embedding human rights in everything we do 72 Committed to compliance 74 Ensuring a responsible supply chain 78 Contributing to society through taxes 80

ACTIONS FOR ENVIRONMENT Climate-positive forestry

82 84 86 90 92 96

Enhancing biodiversity

Taking climate action with energy

Responsible water use

Advancing a circular bioeconomy Sustainable product lifecycle

OUR SOCIETAL AND ENVIRONMENTAL IMPACTS

98

We are actively developing new solutions to accelerate the transition to a circular bioeconomy. ACTIONS FOR THE FUTURE

58

59

UPM ANNUAL REPORT 2022

UPM ANNUAL REPORT 2022