Public consultation: Uruguayan forest certification system

Kimberly-Clark announced that it received a 2021 Climate Leadership Award for 'Goal Achievement in Greenhouse Gas Management' from the Center for Climate and Energy Solutions and The Climate Registry. The national award recognizes companies that set and achieve aggressive greenhouse gas (GHG) reduction goals."We are honored to receive this prestigious award for reducing greenhouse gas emissions across our operations, especially since we were recognized for 'Excellence in Greenhouse Gas Management & Goal Setting' as part of the Climate Leadership Awards in 2018," said Juan Marin, Global Energy and Climate Leader at Kimberly-Clark. "Our work to minimize the carbon footprint of our brands and businesses and do our part in the fight against climate change is part of how we deliver our purpose to provide better care for a better world."

UPM increases the IFRS fair value of its forest assets in Finland, mainly due to higher forest growth estimates. In addition, the company adjusts its long-term wood price estimates slightly. The impact of these changes on the fair value of forest assets is approximately EUR 320 million and will be reported as an item affecting comparability in Q4 2018 under Other operations. The updated forest growth model indicates higher forest growth volumes that are explained mainly by sustainable forest management. "UPM's own forests are strategic source for UPM's wood supply. Active, timely and sustainable forest management combined with high quality seedling material have increased UPM's own forests' growth significantly over the years. Increasing forest growth and carbon sequestration enable higher sustainable harvesting volumes from UPM's own forests now and in the future," says Sauli Brander, Senior Vice President, Wood Sourcing and Forestry Northern Europe. Click read more below for additional detail.

On Thursday 15 August, an environmental incident was discovered at a Stora Enso harvesting site in Kainuu, Finland, and the incident is being investigated as an aggravated nature conservation offence. Forestry machinery has crossed a river where there is a population of the highly endangered freshwater pearl mussel. Stora Enso takes the matter extremely seriously. The authorities and the company have strict responsibility requirements and comprehensive guidelines for the consideration of freshwater pearl mussel in harvesting operations. Stora Enso is cooperating with the police and other authorities to find out what happened at Hukkajoki. As a result of this and our own investigation, our guidelines and procedures will be refined to ensure that everyone involved in harvesting in valuable natural areas is aware of them in the future. This applies both to Stora Enso employees and to our partners, such as contractors and forest owners.