UPM has achieved a top position with the highest possible score, 100, on The A List in the CDP Climate Performance Leadership Index 2014. UPM was the only paper and forest products company in the world with A100 level.
The A List presents 187 listed companies identified as demonstrating a superior approach to climate change mitigation. The list has been produced by CDP, the international NGO that drives sustainable economies, and it was made at the request of 767 investors representing more than a third of the world’s invested capital.
According to CDP, the leading companies are making better progress to mitigate climate change than their non-leading peers. They invest more to decrease emissions and provide a high level of transparency in their disclosure of climate-related information. Leaders are also enjoying good financial results from their efforts.
“We are very proud of this recognition. This is the first time in the global index, and the 6th time in a row in the CDP Nordic Climate Disclosure Leadership Index. Having a top score of 100 makes the achievement even more valuable”, says Päivi Salpakivi-Salomaa, Vice President, UPM Environment and Responsibility.
“This recognition addresses our Biofore strategy in action. Climate is one of the key areas of our sustainability agenda. We have a solid track record in emissions reduction not only in traditional ways but also in new innovations like renewable wood-based biofuels,” Salpakivi-Salomaa continues.
