PR93299

LONDON, Nov. 26, 2021 /PRNewswire=KYODO JBN/ --

- UPL’s ESG risk score of 24.9 reflects the best score of global crop

protection companies, following significant year-on-year improvement

UPL Ltd. (NSE: UPL) ( BSE: 512070) has been ranked by Sustainalytics as the

highest performing top-tier global crop protection company for overall

sustainability performance in the 2021 ESG Risk Rating. With significant

improvements across multiple categories, this achievement recognises the work

that UPL is doing to Reimagine Sustainability within the global food system.

Sustainalytics provides environmental, social and governance (ESG) research,

ratings, and data to institutional investors and companies, and produces an

annual report into the sustainability performance of companies working in a

range of sectors. The criteria assessed by Sustainalytics includes UPL’s

successes in managing Corporate Governance, Community Relations, Business

Ethics, and Carbon footprint.

UPL’s ESG risk score of 24.9 reflects the best ESG Risk amongst a peer group of

global crop protection companies. UPL’s 2021 ranking, a 6% improvement on last

year’s index, follows significant year-on-year advancement in the

Sustainalytics company rankings.

Jai Shroff, Global CEO of UPL Ltd, said:

“We are delighted that the hard work and determination of UPL has been

recognised and acknowledged by Sustainalytics. We have made it our mission to

reimagine sustainability in everything we do – it is the basis for every

project we start, every process we design and every business we launch.

Congratulations to each and every person at UPL – everyone has played a role

and contributed to this excellent result. But we know that our work is not

over, and that even more still needs to be done. We will continue to push ahead

with new sustainability initiatives in agriculture to ensure a better world for

all.”

Carlos Pellicer, COO, UPL Ltd, said:

“Collaboration and sustainability are central to UPL’s OpenAg purpose. The

world needs our urgency in delivering tangible, lasting improvements in how the

food system provides food to the 7.7 billion people on our planet. This has

been an incredible year for UPL, with the launch of our NPP (Natural Plant

Protection) business unit for biosolutions, the scale-up of our nurture.farm

digital offering, and our partnerships with the Climate Pledge, the FIFA

Foundation, and the launch of the Gigaton Challenge. Each of these initiatives

has sustainability at its heart, and we are so excited to continue on this path

together in the years ahead.”

This ranking follows recent successes in other global sustainability indices in

2021: The World Benchmarking Alliance, ranked UPL second out of 55 companies in

the Agricultural Input segment, and fifteenth of 350 companies in the WBA Food

and Agriculture benchmark categories. Additionally, UPL recorded strong

performances in the most recent Dow Jones Sustainability Index (61% improvement

on 2018 score) and FTSE Russell (68% higher than industry average).

Notes to Editors:

About Sustainalytics

- Sustainalytics provides environmental, social and governance (ESG) research,

ratings, and data to institutional investors and companies, and produces an

annual report into the sustainability performance of companies working in a

range of sectors.

- The criteria assessed by Sustainalytics includes UPL’s successes in managing

Corporate Governance, Community Relations, Business Ethics, Carbon footprint,

Environmental and Social Impact of product and services, Human Capital,

Resource Use, Emissions, Effluents and Waste, and Occupational Health and

Safety.

About UPL

UPL Ltd. (NSE: UPL & BSE: 512070) is a global provider of sustainable

agriculture products and solutions, with annual revenue exceeding $5.2 billion.

We are a purpose-led company. Through OpenAg (TM), UPL is focused on

accelerating progress for the food system. We are building a network that is

reimagining sustainability, redefining the way an entire industry thinks and

works – open to fresh ideas, innovation and new answers as we strive towards

our mission to make every single food product more sustainable. As one of the

largest agriculture solutions companies worldwide, our robust portfolio

consists of biologicals and traditional crop protection solutions with more

than 14,000 registrations. We are present in more than 130 countries,

represented by more than 10,000 colleagues globally. For more information about

our integrated portfolio of solutions across the food value chain including

seeds, post-harvest, as well as physical and digital services, please visit

upl-ltd.com [https://www.upl-ltd.com/] and follow us on LinkedIn

[https://www.linkedin.com/upl-ltd/], Twitter [https://www.twitter.com/uplltd],

Instagram [https://www.instagram.com/upl_global/] and Facebook.

[https://www.facebook.com/uplglobal/].

Source: UPL Ltd.