UPM Pulp Matters 2/2023

Making a global impact Sustainable forest management can help to safeguard and increase the multiple benefits that forests provide. Dear Reader, The role of forests in the fight against climate change and the importance of wood-based alternatives to fossil raw materials is ever increasing. As a major forest owner, purchaser of wood, and producer of renewable products, UPM is in a key position to provide solutions for a future beyond fossils. One of the company’s unique strengths is our extensive experience of operating in different types of forests on a truly global scale. In total, we own over 900,000 hectares of forestry land in Finland, Uruguay and the US, and operate also in Central Europe. All of these platforms have their own characteristics, but what connects our actions is how they are always based on principles of sustainable forest management, scientific research and best practices. In this issue we highlight especially Finnish know-how in finding the optimal balance between economic objectives and environmental responsibilities when securing a sustainable industrial wood supply. Throughout its entire value chain the forest industry has various positive impacts – on a local, regional and national scale. This is true in Finland as well as Uruguay, where our pulp mills and related operations have created jobs, export income, educational opportunities and better transport connections, especially in rural inland areas. In our feature story we celebrate the successful ramp-up phase of the new UPM Paso de los Toros pulp mill – a project that could not have been realised without the committed work of local professionals. We also take a look at the current phase of constructing a direct rail connection from Paso de los Toros to Montevideo port – one of the most significant infrastructure projects in the history of Uruguay. At UPM we have taken notice of the increased discussions on forest-related issues and our customers’ greater need for information on these topics from a global perspective. In response to this we have established a new Global Forest Affairs team, which I will lead as part of my new position. We are happy to help our customers and advise you on all affairs concerning global forest advocacy, as well as themes such as climate-positive forestry and biodiversity. As highlighted in our story on UPM Pulp’s customer surveys, we are committed to going forward on the path of continuous development in close cooperation with our customers and value your active feedback.

Sauli Brander Vice President UPM Global Forest Affairs

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