Mumbai, India
January 6, 2021
- Sustainalytics, a specialist unit of Morningstar and one of the world's most respected ESG indices, ranked UPL No.1 AgChem company for Environmental, Social and Governance risk management[1]
- UPL is well positioned to be a pioneer in developing sustainable food systems through a unique approach to the food value chain that puts sustainability centre-stage.
UPL Ltd. is ranked No. 1 in the agro-chemical sector for environmental, social and governance risk management. The Sustainalytics ranking methodology creates a single metric for the ESG risk exposure and its management for companies. With the overall ESG risk score of 26.2, UPL not only outperforms its peer group, but also raises the bar for the industry.
Enabling farmers and food producers to continue to thrive despite a challenging economic outlook and a changing global climate is core to UPL’s OpenAgTM purpose to create an agriculture network that feeds sustainable growth for all.
“When we say 'sustainable growth for all', we mean a continuous journey of improvement, acceleration and change – one where our entire industry gets better and better every day. With OpenAg™, we have an opportunity to connect growers to the food production and distribution system, all the way to the end consumer. We know consumers want sustainability, and we are working continuously to ensure this is a reality from farm to fork. That’s our mission – to make every single food product more sustainable,” said Jai Shroff, CEO of UPL.
“UPL is proud of our global ranking by Sustainalytics for our sustainability performance. When we launched ‘New UPL’ nearly two years ago with an unequivocal commitment to sustainability, we said we would ‘Change the Game’ – and that is exactly what we are doing,” Mr. Shroff stated.
UPL recently released an in-depth Sustainability Report 2019-20, which shows the tremendous progress the company is making towards its commitment to achieving the UN Sustainable Development Goals for 2030.
* Sustainalytics ESG Risk Rating Summary Report dated Sep 25, 2020
ABOUT UPL
UPL is a leader in global food systems, and one of the top five agricultural solutions companies worldwide. With revenue of $5 billion, UPL has a presence in over 130 countries. UPL's access to 90 percent of the world's food basket and its focus on high-growth regions, presents a compelling value proposition for growers, distributors, suppliers and innovation partners in a consolidating market. UPL offers an integrated portfolio of both patented and post-patent agricultural solutions for various arable and specialty crops, including biological, crop protection, seed treatment and post-harvest solutions covering the entire crop value chain.
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