By: ICN Bureau
Last updated : February 02, 2022 9:51 am
UPL’s inclusion recognises its achievements in reimagining sustainability within the global food industry
UPL has been included in the S&P Global Sustainability Yearbook 2022 for the second year running in recognition of its strong performance in environmental, social, and governance risk management.
S&P Global's Corporate Sustainability Assessment (CSA) offers insights alongside highlighting opportunities and risks deriving from economic, environmental, and social trends and developments that have an impact on the competitive position of companies in 61 industrial sectors analyzed. The CSA is built using over 140,000 documents and comparing over 13 million data points, making it one of the largest and most comprehensive global databases on corporate sustainability.
The Corporate Sustainability Assessment (CSA) is issued annually by S&P Global and UPL’s inclusion recognises its achievements in reimagining sustainability within the global food industry.
To be listed in the Yearbook, companies must score within the top 15% of their industry and must achieve an S&P Global ESG Score within 30% of their industry’s top-performing company.
Jai Shroff, Global CEO, UPL Ltd. said, “Over the past few years, UPL has made a concerted effort to take a leadership role in reshaping the contribution of world agriculture to a climate positive future. With a focus on Reimagining Sustainability, we are striving to drive innovation to make global food production more sustainable, and more secure. We are proud to be recognised by S&P, but UPL’s leadership position across many of the major sustainability rankings is not only testament to the progress that has been made, but to how much more we must and will accomplish in the future.”
Manjit Jus, Managing Director, Global Head of ESG Research, S&P Global, said, “We congratulate UPL on inclusion in The Sustainability Yearbook 2022. Over 7,000 companies were assessed, and this distinction highlights dedication to sustainable business practices.”