UPM-Kymmene Oyj

Common Name
UPM-Kymmene
Country
Finland
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
16,307
Ticker
UPM
Exchange
NASDAQ HELSINKI LTD
Website
www.upm.fi
Description
UPM-Kymmene Oyj is a Finnish forest industry company engaged in the business of bio and forest-based products. The company's primary purpose is to innovate sustainable solutions across various segment...

UPM-Kymmene's Climate Target Data Preview

As of 2024, UPM-Kymmene has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into UPM-Kymmene ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total Combustion, Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind UPM-Kymmene’s Climate Targets Data

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a. UPM-Kymmene's Annual Report 2024
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Insights into UPM-Kymmene's Greenhouse Gas Emissions Pathways

As of 2024, UPM-Kymmene has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does UPM-Kymmene have a target to reduce the emissions from its operations?

As of 2024, UPM-Kymmene has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

UPM-Kymmene's most ambitious operational target is to reduce these emissions by 65% by 2030, compared to a baseline of 6,800,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015. a

As of 2024, UPM-Kymmene is ahead of schedule on its operational emissions reduction target, having achieved 76.92% of the planned reduction. a

UPM-Kymmene's Operational (Scope 1+2) Emissions Pathway

20152024203002 M4 M6 M8 MBaselineCurrent (-50%)Target 2030 (-65%)

Does UPM-Kymmene have a target to reduce the emissions from its value chain?

As of 2024, UPM-Kymmene has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

UPM-Kymmene's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 6,080,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, UPM-Kymmene is ahead of schedule on its value chain emissions reduction target, having achieved 73.33% of the planned reduction. a

UPM-Kymmene's Value Chain (Scope 3) Emissions Pathway

20182024203002 M4 M6 M8 MBaselineCurrent (-22%)
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