UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.
The transaction was announced in March 2017.
http://www.upmpaper.com/whats-new/all-news/Pages/UPM-concluded-the-sale-of-its-hydro-power-facilities-in-Steyrermühl-to-Energie-A-001-Tue-01-Aug-2017-08-33.aspx
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EcoVadis has awarded UPM a platinum score based on the company’s sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry. “The feedback from Ecovadis, both on strengths and areas of improvement, is extremely valuable and helps us to continuously improve our sustainability performance,” says Sami Lundgren, Vice President, Responsibility, UPM.