UPM recognised for green investment
30 October 2014UPM was the only forest products and paper company to receive a top rating in the global CDP Climate Performance Leadership Index.
UPM achieved the highest possible score on the A List, which includes 187 companies, and is rated A100 in the rankings of CDP, the international NGO that promotes sustainable economics. It is also the sixth successive time UPM has achieved a top score in the Nordic index.
More than two-thirds of fuels used at UPM mills are biomass-based and 78% of the company’s electricity production is free from fossil CO2 emissions. The company has invested €1bn in renewable biomass energy in the past 10 years.
The CDP list was launched at the request of investors representing more than a third of the world’s invested capital.
