UPM-Kymmene Oyj: UPM listed the only forest and paper industry company in the Dow Jones World and European Sustainability

(UPM, Helsinki, 2 January 2025 at 9:30 EET) - UPM has been listed as the only forest and paper industry company in the Dow Jones Global and European Sustainability Indices (DJSI) for the years 2024-2025. The indices cover environmental, social and governance aspects of responsibility.

"We are committed to creating value for our customers by using sustainable, renewable resources, reducing our environmental footprint, and increasing our positive societal impact. Sustainability is a core strategic value for UPM," says Sami Lundgren, Vice President, Responsibility at UPM.

This commitment is strongly visible in the company's updated strategy published in September. UPM's business portfolio is based on sustainable feedstocks and fossil-free energy, positioning the company for growth in renewable fibres, advanced materials, and decarbonisation solutions, while graphic papers continue to generate strong cash flows.

UPM has also successfully issued a new EUR 600 million Green Bond in 2024 under its Green Finance Framework. With the fourth issuance, UPM has further strengthened its position as one of the largest corporate Green Bond issuers in the Nordics, with a total of EUR 2,350 million issued.

"These Green Bonds link our financing to our sustainability goals and support our overall strategy," Sami Lundgren continues.

Read more on S&P Global website and upm.com/responsibility.

For further information please contact:
Sami Lundgren, Vice President, Responsibility, UPM, tel. +358 40 580 0910

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com

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