UPM’s purpose is to create a future beyond fossils. Sustainably managed forests and plantations as well as low-emission energy generation form the basis of our long-term value creation. This drives performance, enables growth, promotes innovative climate-positive products and makes a positive low-carbon future possible.
Climate change mitigation and resource scarcity require further electrification of society and the rapid reduction of the use of fossil-based fuels and materials. Russia’s war in Ukraine and the current energy crisis in Europe have made fossil energy even less appealing and have emphasised the importance of supply security and competitiveness.
All this drives demand for renewable and recyclable materials and reliable, competitive low-emission energy.
In many ways, UPM is in a strong position to respond to these challenges. We are committed to the UN’s 1.5-degree climate target and have ambitious CO2 emission reduction targets. Forests, carbon-free energy and climate- positive products play an important role in the transition to a low-carbon economy.