UPM Joins the Forward Faster Initiative of UN’s Sustainable Development Goals - Papermart
Papermart
News

UPM Joins the Forward Faster Initiative of UN’s Sustainable Development Goals

UPM has recently joined the UN Global Compact Forward Faster Initiative to accelerate the progress of the Sustainable Development Goals. Around the world, a total of 138 companies are involved.

Sep 19, 2023

UPM

UPM has recently joined the UN Global Compact Forward Faster Initiative calling for business leaders all over the world to take measurable action to accelerate the progress of the Sustainable Development Goals. Around the world, a total of 138 companies are involved, including two from Finland. UPM is committed to promoting gender equality, paying living wages, and operating in line with an ambitious net-zero emission target.

pmd 728 by 90 1

Watch: JMC Paper Tech Launches New Subsidiary JMC Papers

According to the UN, only 15 percent of the Sustainable Development Goal targets are on track, progress on 48 percent is weak and insufficient and progress has stalled or gone into reverse on 37 percent of the SDGs. Sami Lundgren, Vice President, Responsibility says, “It was very natural for us to join this initiative. While we are already working towards these goals, we recognise that we need to accelerate the pace. We also value the collaboration networks of Global Compact. Setting shared, ambitious and transparent targets plays an important role in the Forward Faster initiative. We can make the biggest and fastest impact by working together.”

Also Read: UPM Raflatac’s Ocean Action Label Wins Sustainability Award 2023

UPM already has ambitious social responsibility and climate targets and is working with scientific and other partners to achieve them. The company is also committed to reporting on progress transparently every year in UPM’s annual report. The Forward Faster initiative was officially launched on 18 September 2023 at the UN Private Sector Forum, which is part of the 78th session of the UN General Assembly in New York.