ELMA Joins Two Sides To Promote Sustainable Doordrop Solutions

UPM is one of the first companies to link the pricing mechanism of a syndicated revolving credit facility (RCF) to both biodiversity and climate targets. The margin of the RCF is tied to two key performance indicators (KPIs): • achievement of a net positive impact on biodiversity in the company’s own forests in Finland • a 65% reduction of CO2 emissions from fuels and purchased electricity by 2030 from 2015 levels, in line with UPM’s commitment to UN Business Ambition for 1.5°C. “Connecting UPM’s sustainability performance to our financing demonstrates the importance of responsible business practises to our long-term value creation. Sustainable forest management plays an important role in mitigating climate change, as it ensures material long-term CO2 sequestration and improves adaptation to global warming. Enhancing biodiversity is not only about preserving forests, but is also a crucial element in sustainable industrial use, taking into account a wide range of flora and fauna. UPM is committed to achieving a net positive impact on biodiversity and we have developed indicators and methods to monitor it,” says Tapio Korpeinen, CFO, UPM.

Meet Erin Herrin, area harvesting manager for Georgia-Pacific’s building products operations in East Texas. In her job, Erin works with family forest landowners who sell their timber to GP, providing information on how to best manage their property, protect streams and water quality, and reforest after harvesting. As a woman in a predominantly male profession, Erin is also an example to girls who want to pursue a career in forestry. She encourages them to continuously push themselves. “Don’t let self-doubt get the better of you and look for opportunities to progress yourself in your career, even the opportunities you don’t feel like you’re capable of.”

Kimberly-Clark Corporation announced it has won a 2018 Climate Leadership Award for Excellence in the Greenhouse Gas Management (Goal Setting) category, the company's second Climate Leadership Award in two years. The Climate Leadership Award is presented by the Bloomberg Philanthropies, the Center for Climate and Energy Solutions and The Climate Registry, and celebrates organizations that set and achieve aggressive greenhouse gas reduction goals. In a separate event earlier this week, Kimberly-Clark also was honored with a Smart Energy Decisions Innovation Award for its programs focused on creating a culture of energy conservation at its manufacturing sites. The Smart Energy Decisions Innovation Award recognizes the use of innovative technologies and progressive practices among large electric power users. Click Read More below for additional information.