UPM Annual Report 2023

ACCOUNTS FOR 2023

UPM

BEYOND FOSSILS

BUSINESSES

RESPONSIBILITY

GOVERNANCE

More on responsibility

Solid waste to landfills and to incineration w/o energy recovery per tonne of product BD kg/t

Wood deliveries to UPM mills

UPM employees by region

Ratio of female to male salaries weighted basic salary 2023 %

UPM’s COD load per tonne of product

UPM’s external purchasing spend 2023

1,000 m 3

kg/t

persons

Energy 12% Indirect materials and services 14% Logistics 18% Fibres 26%

12

20

Germany Uruguay Finland

France UK USA Uruguay Poland China Germany Finland

Europe

Raw materials 30%

9

15

Asia

Estonia UK Russia USA Austria

6

10

Americas

3

5

Rest of the world

0

0

5,000

0

0

5,000

10,000

15,000

20,000

10,000

15,000

20,000

22 23 14 15 16 17 18 19 20 21

22 23 14 15 16 17 18 19 20 21

0

20 40 60 80 100 120

Per tonne of chemical pulp Per tonne of paper

2021 2022 2023

Per tonne of chemical pulp Per tonne of paper

2021 2022 2023

The ratio is calculated by comparing weighted overage of basic salaries of women to men on the same job grade, for the eight biggest countries in terms of salaried employees. These countries cover 91% of UPM's total number of salaried employees.

Absenteeism rate

Electricity sourcing

Employees’ years of service with UPM

Environmental deviations at UPM production sites

Age structure of UPM employees 2023

UPM’s acidifying flue gases

%

no.

1,000 t

TWh

age

year

4

50

20

15

>65 61–64 56–60 51–55 46–50 41–45 36–40 31–35 26–30 21–25 <20

<1

1–5

40

16

3

6–10

10

30

12

11–15

2

20

8

16–20

5

1

21–30

4

10

>30

0

0

0

0

22 23

14 15 16 17 18 19 20 21

14 15 16 17 18 19 20 21

22 23

0 1,000

2,000

3,000

4,000

5,000

22 23 14 15 16 17 18 19 20 21

22 23 14 15 16 17 18 19 20 21

0 500 1,000 1,500 2,000 2,500 3,000

Sick leave Accidents at work

CHP Hydro

Total SO 2 Total NO X

2021 2022 2023

Hydro, shareholdings Nuclear, shareholdings Thermal, shareholdings Market purchase

246

247

UPM ANNUAL REPORT 2023

UPM ANNUAL REPORT 2023

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