The Canadian forest products industry now has 43% of the world’s independently certified forests or more than 160 million hectares, which is four times more than any other country. Certified forests means that companies follow progressive social and environmental forest management practices as assessed by an independent third body. This includes prompt regeneration of the forest land, sustainable harvest levels, protection of biodiversity and wildlife habitat and aboriginal engagement. “The environmental credentials of the Canadian forest industry are truly world-leading when it comes to certification,” says David Lindsay the president and CEO of the Forest Products Association of Canada (FPAC). “The international marketplace can truly feel confident that Canadian forest products come from responsibly managed forests.”
UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time.
“We create value by seizing the limitless potential of bioeconomy, this is what we are committed to do at UPM”, says Sami Lundgren, Vice President, UPM Environment and Responsibility.
Global megatrends and their impacts on the environment and society make it clear that a major turnaround in the use of non-renewable fossil-based products and materials is needed. As the leader of the bio-based forest industry UPM’s mission is to be a part of the solution.
“Creating value for society both as a company and through our renewable and responsible products is an essential part of the Biofore strategy, since our operations and products have an impact on society at large. Understanding our influence is a prerequisite for us to develop our operations and to respond to the needs of surrounding communities,” concludes Lundgren.
The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world’s leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics.