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UPL’s ESG risk score of 24.9 reflects the best score of global crop protection companies, following significant year-on-year improvement
Mumbai, 29 NOVEMBER 2021: 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.”