UPM Forestal Oriental Annual Report 2021

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PRODUCTION PROCESS

COMPLEMENTARY FORESTRY PRODUCTS

DEVELOPMENT PROGRAMME

RESPONSIBLE ENVIRONMENTAL MANAGEMENT

CONTACT

UPM ANNUAL REPORT

AREAS OF RESPONSIBILITY:

ECONOMIC RESPONSIBILITY •Create value for our shareholders, ensuring the efficient use of resources •Ensure competitiveness in the supply chain by continuously incorporating new features and improvements •Responsible production and consumption •Good business practices (decision making, management and operations), as well as responsible practices •Promote long-term relationships and open collaboration with suppliers, especially those that are key to our operations •Ensuring compliance with our Code of Conduct throughout our value chain

SOCIAL RESPONSIBILITY •Develop a strong organizational culture and a place of work that guarantees a diverse and inclusive environment, which are key to business success •Ensure the health and safety of our employees, contractors and local communities closest to our operations •Ensure our team’s continuous learning and development of skills and abilities •Promote responsible leadership based on values and integrity •Ensure the commitment and active involvement of third parties in our operations, as well as promoting local development •Ensure fair working conditions in compliance with local regulations and applicable international standards

ENVIRONMENTAL RESPONSIBILITY Sustainable operations, continuous improvement and open communications are an integral part of all UPM activities •Guarantee the sustainable and responsible use of natural resources •Maintain and enhance biodiversity •Promote circular economy initiatives •Ensure forest ecosystem services and climate-positive forestry •Design solutions that consider the product’s entire life cycle

LEARN MORE ABOUT UPM’S PERFORMANCE IN EACH RESPONSIBILITY OBJECTIVE