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UPM-Kymmene Oyj

Common Name
UPM-Kymmene
Country
Finland
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
14,801
Ticker
UPM
Exchange
Nasdaq Helsinki
Website
www.upm.fi
Description
UPM-Kymmene Oyj is a Finnish materials and forest industry company focused on sustainable, wood-based products and energy solutions. Headquartered in Helsinki, it operates across six core business are...

UPM-Kymmene's GHG Emissions Data Preview

In 2025, UPM-Kymmene completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

UPM-Kymmene has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
2,080,000b
2,180,000a
2,130,000c
Total Scope 2
Market-Based
790,000a
1,200,000a
1,590,000c
Location-Based
1,540,000a
1,640,000a
1,730,000c
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
7,680,000a
8,170,000a
7,680,000c
Total Scope 1 Revenue Intensity (tCO2e/$M)
183.2248b
202.6226a
183.9801c
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Verified Sources Behind UPM-Kymmene’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. UPM-Kymmene's Annual Report 2025
b. UPM-Kymmene's ESG Data Spreadsheet 2025
c. UPM-Kymmene's Annual Report 2024
d. UPM-Kymmene's Annual Report 2022

Insights into UPM-Kymmene's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of UPM-Kymmene amounted to 3,620,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).ab

Compared to 2024, the total operational greenhouse gas (GHG) emissions of UPM-Kymmene decreased by 5.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

UPM-Kymmene's Scope 1 Emissions Over Time

20222023202420250600 k1.2 M1.8 M2.4 MtCO2e-7%+2%-5%
  • Total Scope 1
  • Year-over-Year Change

What are UPM-Kymmene's Scope 1 emissions?

In 2025, the total Scope 1 emissions of UPM-Kymmene were 2,080,000 metric tons of CO₂ equivalent (tCO₂e).b

Has UPM-Kymmene reduced its Scope 1 emissions over time?

Since 2022, UPM-Kymmene's Scope 1 emissions have decreased by 9.57%, reflecting a declining long-term trend in Scope 1 emissions over time.bd

Compared to the previous year (2024), UPM-Kymmene's Scope 1 emissions decreased by 4.59%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are UPM-Kymmene's Scope 2 emissions?

In 2025, UPM-Kymmene reported Scope 2 greenhouse gas (GHG) emissions of 790,000 tCO₂e using the market-based method and 1,540,000 tCO₂e using the location-based method.a

Has UPM-Kymmene reduced its Scope 2 emissions over time?

Compared to the previous year (2024), UPM-Kymmene's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that UPM-Kymmene's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does UPM-Kymmene use for Scope 2 reporting?

In 2025, UPM-Kymmene reported its Scope 2 emissions using the market-based method and using the location-based method.a

UPM-Kymmene's Scope 2 Emissions Over Time

20222023202420250550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into UPM-Kymmene's Value Chain Emissions

In 2025, UPM-Kymmene reported 7,680,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of UPM-Kymmene includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

UPM-Kymmene's Scope 3 Emissions Over Time

202220232024202502.5 M5 M7.5 M10 MtCO2e+54%+6%-6%
  • Total Scope 3
  • Year-over-Year Change

What are UPM-Kymmene's Scope 3 emissions?

In 2025, UPM-Kymmene reported total Scope 3 emissions of 7,680,000 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 63.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.18% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has UPM-Kymmene reduced its Scope 3 emissions over time?

Since 2022, UPM-Kymmene's Scope 3 emissions have increased by 53.6%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2024), UPM-Kymmene's Scope 3 emissions remained relatively stable, indicating that UPM-Kymmene's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does UPM-Kymmene disclose?

In 2025, UPM-Kymmene reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of UPM-Kymmene's Scope 3 emissions?

In 2025, the largest contributors to UPM-Kymmene's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,920,000 tCO₂e (38%)
  • Processing of Sold Products (Cat. 10): 2,780,000 tCO₂e (36.18%)
  • Upstream Transportation and Distribution (Cat. 4): 1,340,000 tCO₂e (17.44%)

UPM-Kymmene's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(38.0%)Processing of SoldProducts (Cat. 10)(36.2%)UpstreamTransportation andDistribution(Cat. 4)(17.4%)

Insights into UPM-Kymmene’s GHG Emissions Intensity Compared to Industry Peers

In 2025, UPM-Kymmene reported Scope 1 greenhouse gas (GHG) emissions of 2,080,000 tCO₂e and total revenues of USD 11,352 millions. This translates into an emissions intensity of 183.22 tCO₂e per millions USD.b

UPM-Kymmene's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,00010,000,000100,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)CPH GroupYear: 2025Scope 1: 14,870 tCO2eRevenue: $M 422Scope 1 Intensity: 35.27 tCO2e/$MChung Hwa PulpYear: 2024Scope 1: 744,472 tCO2eRevenue: $M 634Scope 1 Intensity: 1,174.37 tCO2e/$MCheng LoongYear: 2024Scope 1: 1,717,279 tCO2eRevenue: $M 1,379Scope 1 Intensity: 1,245.25 tCO2e/$MDaio PaperYear: 2024Scope 1: 3,227,000 tCO2eRevenue: $M 4,435Scope 1 Intensity: 727.57 tCO2e/$MChenming PaperYear: 2023Scope 1: 21,631,434 tCO2eRevenue: $M 3,744Scope 1 Intensity: 5,777.63 tCO2e/$MPabrik Kertas Tjiwi KimiaYear: 2023Scope 1: 1,895,015 tCO2eRevenue: $M 1,074Scope 1 Intensity: 1,764.72 tCO2e/$MShanying International HoldingsYear: 2024Scope 1: 3,760,981 tCO2eRevenue: $M 4,005Scope 1 Intensity: 939.06 tCO2e/$MSylvamoYear: 2024Scope 1: 699,557 tCO2eRevenue: $M 3,773Scope 1 Intensity: 185.41 tCO2e/$MYFYYear: 2024Scope 1: 4,720,569 tCO2eRevenue: $M 2,394Scope 1 Intensity: 1,972.18 tCO2e/$MLee & Man Paper ManufacturingYear: 2024Scope 1: 5,781,277 tCO2eRevenue: $M 3,347Scope 1 Intensity: 1,727.17 tCO2e/$MSemapaYear: 2025Scope 1: 4,229,660 tCO2eRevenue: $M 2,486Scope 1 Intensity: 1,701.10 tCO2e/$MIndah Kiat Pulp & PaperYear: 2024Scope 1: 11,475,287 tCO2eRevenue: $M 3,196Scope 1 Intensity: 3,590.82 tCO2e/$MBillerudYear: 2025Scope 1: 720,000 tCO2eRevenue: $M 4,402Scope 1 Intensity: 163.57 tCO2e/$MNavigatorYear: 2025Scope 1: 531,204 tCO2eRevenue: $M 2,316Scope 1 Intensity: 229.39 tCO2e/$MKlabinYear: 2024Scope 1: 744,042 tCO2eRevenue: $M 3,180Scope 1 Intensity: 233.98 tCO2e/$MJames CropperYear: 2024Scope 1: 25,399 tCO2eRevenue: $M 130Scope 1 Intensity: 195.10 tCO2e/$MHolmenYear: 2025Scope 1: 87,000 tCO2eRevenue: $M 2,398Scope 1 Intensity: 36.28 tCO2e/$MSvenska Cellulosa AktiebolagetYear: 2025Scope 1: 276,000 tCO2eRevenue: $M 2,221Scope 1 Intensity: 124.28 tCO2e/$MEmpresas CMPCYear: 2024Scope 1: 1,522,902 tCO2eRevenue: $M 7,743Scope 1 Intensity: 196.69 tCO2e/$MNine Dragons Paper (Holdings)Year: 2024Scope 1: 16,228,463 tCO2eRevenue: $M 8,187Scope 1 Intensity: 1,982.23 tCO2e/$MMondiYear: 2025Scope 1: 1,760,000 tCO2eRevenue: $M 9,009Scope 1 Intensity: 195.36 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MShandong Sun PaperYear: 2024Scope 1: 7,689,000 tCO2eRevenue: $M 5,580Scope 1 Intensity: 1,377.85 tCO2e/$MSuzanoYear: 2024Scope 1: 2,533,617 tCO2eRevenue: $M 7,673Scope 1 Intensity: 330.20 tCO2e/$MAhlstromYear: 2024Scope 1: 1,092,771 tCO2eRevenue: $M 3,086Scope 1 Intensity: 354.12 tCO2e/$MUPM-KymmeneYear: 2025Scope 1: 2,080,000 tCO2eRevenue: $M 11,352Scope 1 Intensity: 183.22 tCO2e/$M

How does UPM-Kymmene's GHG emissions intensity compare to its peers?

In 2025, UPM-Kymmene reported a Scope 1 emissions intensity of 183.22 tCO₂e per millions USD. Compared to the peer group median of 517.01, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b

Where does UPM-Kymmene rank on GHG emissions intensity within its industry?

In 2025, UPM-Kymmene ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b

This places UPM-Kymmene among the top performers, with one of the lowest emissions intensities relative to peers.b

Insights into UPM-Kymmene's Total Carbon Footprint

In 2025, UPM-Kymmene reported a total carbon footprint of 11,300,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.75% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to UPM-Kymmene's total carbon footprint was Scope 3 emissions, accounting for 67.96% of the company's total carbon footprint, followed by Scope 1 emissions at 18.41%.ab

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