- Unprecedented destocking significantly affected market deliveries
- Falling pulp and energy prices
- Geopolitical uncertainty and exceptional economic cycles
- Supply chain disruptions
- Sodium hydroxide leak at Paso de los Toros pulp mill
- Criticism of operations in Finland and Uruguay regarding harvesting levels, single-use products, and water scarcity
UPM-Kymmene Corporation
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 2.1 million tCO2e; Scope 2: 1.6 million tCO2e; Scope 3: 7.6 million tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
76% of total fuel usage at production sites
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.1 million tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.6 million tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 7.6 million tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 5.4 million tCO2e/year (Scope 1 and 2) |
| 2019 | 5.8 million tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced fossil CO2 emissions from on-site combustion and purchased energy by 17% compared to 2022
- 87% of process waste recycled or recovered
- UPM Paso de los Toros pulp mill began operations, generating surplus renewable electricity
- Increased CO2-free electricity production by almost 50% with OL3 nuclear power plant unit
🎯 Climate & Sustainability Targets
🔜 Short-term
- Turn EBIT positive for UPM Paso de los Toros mill during H1 2024
📅 Medium-term
- Reduce fossil CO2 emissions by 65% (Scopes 1 and 2) and 30% (Scope 3) by 2030
- Achieve 40% female representation in professional and managerial roles by 2030
- Achieve net-positive impact on biodiversity in own forests in Finland and Uruguay
🔭 Long-term
- Achieve net-zero emissions by 2040
🌱 ESG Focus Areas
Climate changeBiodiversityCircular bioeconomyResponsible sourcingHuman rightsEmployee wellbeingCommunity engagement