Forward Faster: Accelerating climate action in the labeling industry
We have set ourselves an ambitious goal to be the world's first label materials company beyond fossils, designing better solutions for the packaging industry. For us, going beyond fossils means increasing the share of renewable and recycled raw materials in our products and reducing dependence on virgin fossil resources. We believe that labels can make a difference in reducing the environmental impact of packaging.
Minimizing the use of fossil fuels is the most important way to mitigate climate change. UPM's 2030 responsibility target to decrease its Scope 1 and 2 emissions by 65% compared to 2015 level has been approved by the Science-Based Targets Initiative (SBTi). This confirms that the UPM target is aligned with the Paris Agreement goal to limit global warming to 1.5 degrees.
As part of UPM, we are committed to the UN Global Compact’s Forward Faster Initiative. The goal of this initiative is to accelerate progress towards the 2030 Sustainable Development Goals. Today, only 15% of the Sustainable Development Goals (SDGs) are on track to meet their target levels by 2030. This reality compels a call for further action also in our industry.
Read about UPM’s climate actions