UPM Forestal Oriental Annual Report 2021

15

PRODUCTION PROCESS

COMPLEMENTARY FORESTRY PRODUCTS

DEVELOPMENT PROGRAMME

RESPONSIBLE ENVIRONMENTAL MANAGEMENT

CONTACT

UPM ANNUAL REPORT

UPM CODE OF CONDUCT

UPM aspires to be a trusted business partner and believes that responsible and ethical practices create long-term value for both the company and other stakeholders. UPM has expressed its commitment to integrity in the Code of Conduct. Our guiding principle is that we do not compromise our standards of integrity under any circumstances and we expect the same from our third-party vendors and intermediaries. All UPM suppliers and intermediaries must comply with the standards set out in the UPM Code for Suppliers and Third Parties or demonstrate compliance with similar standards defined in

their own codes of conduct or company policies. This code defines a minimum threshold for performance that UPM requires from all its suppliers. There are additional requirements for certain materials and services. The code is based on the United Nations Global Compact Initiative, the United Nations Guiding Principles on Business and Human Rights, and the International Labor Organization Declaration on Fundamental Principles and Rights at Work:

1. Commitment to integrity 2. Respect for people and human rights 3. Concern over the environmental impact and the safety of the products 4. Zero tolerance against corruption and bribery 5. Business transparency

6. Compliance with antitrust legislation 7. Protection of information and assets 8. Familiarity with business partners 9. Interaction with stakeholders and society 10. Compliance is everyone’s business

UPM CODE FOR SUPPLIERS AND THIRD-PARTIES

UPM CODE OF CONDUCT