UPM Forestal Oriental Annual Report 2021

COMPANY

CERTIFICATIONS

ASSETS

COMMUNITY RELATIONSHIP

UPM FOUNDATION

OUR TEAM

SAFETY AS A CORE VALUE

UPM FORESTAL ORIENTAL

OUR MAIN OBJECTIVE

STRATEGIC OBJECTIVES

In order to guide the company’s corporate responsibility policies, UPM defined a set of goals and performance indicators for 2030 across three areas: economic, social and environmental responsibility. The targets are reviewed annually and the results are published in UPM’s global Annual Report. The company’s strategy, vision and values guide and motivate us to achieve these challenging goals that, at the same time, contribute to several of the United Nations Sustainable Development Goals (SDGs).

Creating value for society – whether through sustainable products or responsible operations – is an integral part of UPM’s strategy. The company’s strategy is based on the use of timber in all forms, bringing together the biological and forestry industries to create a future without fossil fuels that has innovation, an efficient use of resources and responsibility as central axes. This strategy acknowledges some of the biggest challenges the world is facing today, including resource scarcity, climate change, loss of biodiversity and use of water.

The main forestry management objective is the sustainable production of timber to manufacture pulp, primarily meeting the demand of the Fray Bentos and Paso de los Toros mills with timber from the company’s own plots and those of third parties.

At UPM Forestal Oriental, we frame our strategic objectives across these three areas of responsibility:

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