UPM-Kymmene Oyj

UPM-Kymmene Oyj's reported carbon emissions

UPM-Kymmene Oyj, a leading Finnish paper and paper products company, has reported significant carbon emissions. For 2025, their total emissions were approximately 10.56 billion kg CO2e, comprising Scope 1 emissions of around 2.08 billion kg CO2e, Scope 2 emissions of approximately 790 million kg CO2e (market-based), and Scope 3 emissions totalling about 7.68 billion kg CO2e. The primary contributors to their Scope 3 emissions include the processing of sold products (approximately 2.78 billion kg CO2e) and purchased goods and services (around 2.92 billion kg CO2e), alongside upstream transportation and distribution (approximately 1.34 billion kg CO2e). In 2024, UPM-Kymmene Oyj's total emissions were approximately 11.55 billion kg CO2e, with Scope 1 at about 2.18 billion kg CO2e, Scope 2 at approximately 1.2 billion kg CO2e (market-based), and Scope 3 emissions totalling roughly 8.17 billion kg CO2e. The company has set ambitious climate targets. UPM-Kymmene Oyj is committed to achieving net-zero annual carbon emissions by 2040, a goal that is ten years ahead of the Paris Agreement. They are also aiming to reduce their fossil carbon dioxide emissions by 65% by 2030 from a 2015 baseline for Scope 1 and 2 emissions. Furthermore, they are working to reduce their supply chain emissions (Scope 3) by 30% by 2030, using a 2018 baseline. Additionally, UPM-Kymmene Oyj aims to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade. The company has joined The Climate Pledge, demonstrating its commitment to these climate goals.