UPM publishes updated Green Finance Framework
(UPM, Helsinki, 6 November 2023 at 11.00 EET) – UPM has today published an updated Green Finance Framework reflecting its Biofore strategy and integrating the most recent market practices and standards. UPM published its first Green Financing Framework in 2020 and has since issued three Green Bonds totalling to EUR 1,750 million. S&P Global Ratings has reviewed the Framework under its updated “Shades of Green” methodology and assessed its alignment with the ICMA (The International Capital Market Association) Green Bond Principles. UPM´s updated Green Finance Framework has received the