UPM receives platinum in EcoVadis responsibility assessment

EcoVadis has awarded UPM a platinum score based on the company’s sustainability performance in four categories: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement.

Only 1% of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry.

“The feedback from Ecovadis, both on strengths and areas of improvement, is extremely valuable and helps us to continuously improve our sustainability performance,” says Sami Lundgren, vice president, Responsibility, UPM. “In this year’s assessment, I would like to highlight our good scores in labor and human rights and related policies. Our commitments and transparent reporting in areas such as health and safety, gender pay equity, living wage, and diversity and inclusion, demonstrate our intention to improve performance and mitigate risks. UPM’s top rating also recognizes the work we have done to promote sustainability throughout the value chain. We have a comprehensive sustainable supply chain program that drives compliance and risk mitigation and helps achieve our environmental, social, and governance targets and ambitions.”

EcoVadis assesses the performance of globally operating companies in more than 220 purchasing categories and in more than 180 countries. The rating is based on a comprehensive assessment of the companies’ sustainability activities, including verified public information on supply chain practices.