UPL Ranked No.1 For Sustainability Performance Amongst Its Peers For Second Year Running
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.
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