This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

UPM's Accident Frequency Dropped An Exceptional 40 Percent Within One Year

HELSINKI, April 22, 2013 /PRNewswire/ --

UPM has achieved exceptional success with its workplace safety initiative which was launched at the beginning of 2012. Within a year since the beginning of the Step Change in Safety 2012-2014 initiative UPM's global Lost Time Accident Frequency (LTAF) decreased by an amazing 40 percent.

The safety initiative has two goals: to achieve world class safety results within three years and to prevent any fatal accidents at UPM premises.

"40 percent decrease in accidents at work is a great improvement. The development was positive in all business areas and at the end of the year 2012 nine production units out of UPM's total of 68 achieved more than one year without any lost time accidents. We are proud of the excellent results of the campaign and we are definitely moving to the right direction with determination but the work still continues," says Jussi Pesonen , CEO of UPM.

The change started with engaging the leaders and led to safer ways of working in all levels of the organization. Key factors in the initiative's success have been securing the needed resources and the visibility of the initiative. The change is steered with common corporate standards and company-wide safety key performance indicators, which include indicators like reporting near-misses, safety observations and safety walks. Safety awards and incentives have been introduced to reward success and improvement in safety performance.

UPM celebrates the Safety Week with ILO

The International Labour Organization celebrates the World Day for Safety and Health at work on the 28 th of April to promote the prevention of occupational accidents and diseases globally. UPM supports the day and celebrates the company's first Safety Week during the same week.

UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Its products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people and it has production plants in 17 countries. UPM's annual sales exceed EUR 10 billion. UPM's shares are listed on the Helsinki stock exchange.

For more information please contact: UPM, Corporate Communications Media Desk, tel. +358-40-588-3284


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.50 -0.79%
FB $118.64 0.70%
GOOG $707.18 0.82%
TSLA $212.62 0.52%
YHOO $36.86 -0.22%


Chart of I:DJI
DOW 17,646.16 -14.55 -0.08%
S&P 500 2,046.02 -4.61 -0.22%
NASDAQ 4,700.6070 -16.4870 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs