UPM Annual Report 2024

WE ARE UPM

GOVERNANCE

ACCOUNTS AND PERFORMANCE

Report of the Board of Directors

Sustainability Statement

Financial Statements

Auditor's Report

Sustainability Assurance Reports

Accounts and performance

Report of the Board of Directors

110

Sustainability Statement

125

Financial Statements

254

Auditor's Report

332

Sustainability Assurance Reports

339

Other financial information

350

More on sustainability

356

Contact us

360

108

109

UPM ANNUAL REPORT 2024

UPM ANNUAL REPORT 2024