Sustainalytics' 2022 ESG Risk Rating named UPL Ltd., a global provider of sustainable agricultural solutions, the best-performing top-tier global crop protection company. Sustainalytics has put UPL in this industry-leading position for overall sustainability performance for the third year in a row.

UPL has the lowest environmental, social, and governance (ESG) risk score of 21.4 among a peer group of global crop protection companies. UPL's ESG risk in Sustainalytics categories of Human Capital, Community Relations, Business Ethics, and Carbon Footprint was considered minimal or negligible. UPL's 2022 score, an 8% gain over last year's index, comes on the heels of strong year-on-year progress in the Sustainalytics rankings.

Jai Shroff, Global CEO, UPL Ltd., said, "We are proud that Sustainalytics has once again recognised the hard work UPL has been doing. At UPL, we have continued our commitment to Reimagining Sustainability in everything we do, working hand-in-hand with farmers, partners, and stakeholders to achieve this goal. I am convinced UPL has the most agile and performance-oriented culture to execute a transformational strategy across the globe and to further our mission to support farmers and food systems alike."

Sustainalytics provides institutional investors and businesses with ESG research, ratings, and data. It also puts out an annual report on the sustainability performance of businesses in a wide range of industries. The parameters reviewed by Sustainalytics include UPL's successes in managing Corporate Governance, Community Relations, Business Ethics, and Carbon footprint.

For more social and governance news

Source: PRNewswire