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
More on sustainability
Total recordable injury frequency (TRIF)
Ratio of female to male salaries weighted basic salary 2024 %
Environmental deviations at UPM production sites
Spend covered by UPM Supplier Code
Process waste to landfills
Products eligible for ecolabelling
1,000 t dry weight
%
%
no.
120
100
50
10
100
France UK USA Uruguay Poland China Germany Finland
90
40
8
90
90
80
30
6
80
60
70
20
4
70
30
60
10
2
60
0
50
0
0
0
50
15 16 17 18 19 20 21 22
23 24
20
24
20 21
22
23
Target (continuous)
2030 Target
23
20
21
22
23
24
2030 Target
21
22
0
20 40 60 80 100 120
24
21
20
23
24
22
2030 Target
UPM workforce Including contractors
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 92% of UPM's total number of salaried employees.
Certified fibre share
COD load per tonne of product
Process wastewater volumes per tonne of product
UPM employees by region
Employees’ years of service with UPM
Age structure of UPM employees 2024
%
20 kg/t
persons
age
year
m 3 /t
100
50
61–64 56–60 51–55 46–50 41–45 36–40 31–35 26–30 21–25 <20
<1
Europe
16
1–5
90
40
6–10
Asia
12
80
30
11–15
Americas
8
70
20
16–20
21–30
4
60
10
Rest of the world
>30
0 500 1,000 1,500 2,000 2,500 3,000 >65
0
50
0
0
10,000
15,000
20,000
21
22 23
24
20
21
22
23
24
2030 Target
2030 Target
08 20 21
22
23 24
2030 Target
0 1,000
2,000
3,000
4,000
5,000
5,000
08 20
Per tonne of paper Per tonne of chemical pulp
Per tonne of paper Per tonne of chemical pulp
2022 2023 2024
2022 2023 2024
356
357
UPM ANNUAL REPORT 2024
UPM ANNUAL REPORT 2024
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