Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• World Food Security
• Sustainable Sourcing
• Community Wellbeing
• Governance
• Human Rights
• Safety

Environmental Achievements

• 15% reduction in CO2 emission intensity compared to FY 2019-20
• 42,080 MWh electricity sourced from wind and solar
• Recycled 7,48,489 KL of water (13% of total water withdrawn)
• Planted 5,99,379 trees, capturing 11,987 MT CO2
• 19% electric power from renewable sources at two largest manufacturing plants
• 31% reduction in waste disposal intensity compared to FY 2019-20

Social Achievements

• ₹100 crore CSR spend, impacting 1 million beneficiaries
• Launched nurture.farm, a digital platform for growers
• Partnership with FIFA Foundation for sustainable development and environmental protection
• Partnership with TeleSense to reduce food waste
• Implemented aggregation-based carbon farming model
• Provided 6.5 million liters of sanitizer to India's authorities

Governance Achievements

• Joined the United Nations Global Compact (UNGC)
• 50% Independent Directors in UPL Ltd
• Ranked #1 in the agrochemical sector for ESG risk management by Sustainalytics
• No cases of anti-corruption or bribery

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting global food supply chains
• Climate change impacting agricultural activity and farmer vulnerability
• Pest resistance
• Regulatory changes
• Climatic conditions
• Counterfeit products

Mitigation Strategies

• Developed alternative sourcing strategies
• Invested in new sustainable agricultural technology
• Implemented an aggregation-based carbon farming model
• Developed ProNutiva solution blending BioSolutions with conventional crop protection chemicals
• Established a robust crisis management plan
• Implemented anti-counterfeit awareness programs

Supply Chain Management

Supplier Audits: 52 suppliers (20% of spend) assessed

Responsible Procurement

• Sustainable Procurement Policy
• Supplier Code of Conduct
• ISO 20400:2017 and ILO standards implementation planned

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Comprehensive Option, UNGC principles, UN SDGs

Certifications: ISO 45001:2018 (most Indian sites)

Third-party Assurance: KPMG Assurance and Consulting Services LLP

UN Sustainable Development Goals

• 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17

Initiatives contributing to these goals are detailed throughout the report.

Sustainable Products & Innovation

• ProNutiva
• Zeba
• Argos
• Fawligen
• Iodus
• Thiopron

Awards & Recognition

• DJSI Sustainability Yearbook 2021
• Sustainalytics ranking #1 in agrochemicals sector for ESG risk management
• Best Patent Portfolio award
• Other awards mentioned in the report

Environmental Metrics

ESG Focus Areas

• Nature Conservation
• Sustainable Livelihoods
• Institutions of Excellence
• National and Local Needs

Environmental Achievements

• Planted 500 native trees in Cundinamarca, Colombia.
• Reclaimed 200 acres of coastal land and planted over 0.4 million mangrove saplings.
• Planted 74,300 saplings across 134 acres in social forestry initiatives.
• Achieved an 80% survival rate in 4 out of 5 plantation sites.
• 870 kg of waste material recycled in Colombia.

Social Achievements

• Trained 60 community health workers on cardiovascular health in Côte d'Ivoire.
• Provided cardiology consultations and education to 6,224 people in Côte d'Ivoire.
• Trained 11,549 people on stewardship and 30,674 in GAPs across Africa.
• Supported 10,103 farmers in India through agriculture development initiatives.
• Empowered 1,800 women members from 50+ villages in India through SHGs.
• Trained 192 youth in India and facilitated employment for 117.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Declining Sarus Crane population in Gujarat, India.
• Declining vulture population in Gujarat, India.
• Man-animal conflict in Vansda National Park, India.
• Need to improve access to healthcare in rural areas.

Mitigation Strategies

• Implemented Sarus Crane conservation program involving 30,000+ community members.
• Initiated Khambhat Vulture Conservation efforts.
• Partnered in deer breeding project to restore prey base for leopards.
• Launched One Billion Hearts program to improve cardiovascular health in rural Côte d'Ivoire.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Flooding in Pakistan

Transition Risks

• Not disclosed

Opportunities

• Climate-positive agriculture; Development of energy-efficient products.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Inverted Comma

UN Sustainable Development Goals

• 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17

The report maps various initiatives to the UN Sustainable Development Goals.

Sustainable Products & Innovation

• Natural Solutions for increased crop yields; Disease-resistant and high-yielding seed varieties.

Awards & Recognition

• Platinum award at the 14th Global CSR and ESG Summit and Awards 2022; Turkish Underwater Archaeology Contribution Award; SGCCI’s Corporate Environment Responsibility (CER) Awards 2023; Distinctive Socially Responsible Company (Mexico and Cuba); Sustainable Business Model Award (Mexico); 5th ICC Social Impact Awards 2023 (Sarus Crane Conservation and Sanitation Projects); Fenalco Solidario Corporation award for circular economy (Colombia).

Environmental Metrics

ESG Focus Areas

• Stewardship & Training
• Technology
• Food Chain
• Partnerships
• Open Hearts

Environmental Achievements

• Inaugurated the Callivoire incinerator in Ivory Coast, the first in the country to meet European emission standards. Processed 6,861.5 kg of waste in its first year.
• CarbonSmart South Africa project expected to generate over 20,000 carbon credits from 2,884 hectares (3 farmers), sequestering an average of 7 tons of CO2 per hectare.
• 47% reduction in water consumption intensity (from 2019-20 baseline)
• 52% reduction in waste disposal intensity (from 2019-20 baseline)
• 34% reduction in carbon emissions (from 2019-20 baseline)

Social Achievements

• Trained 97,131 individuals on Good Agricultural Practices (GAPs) and 12,332 on stewardship.
• Established 3,607 demonstration plots and organized 1,705 training sessions.
• UPL Women’s Network Africa Chapter activities focused on increasing membership, furthering education, promoting women’s health and wellness, and increasing the number of women in management and sustainability.
• Cocoa Income Diversification Project supported 125 VSLA groups, including 6,178 farmers in Ghana and 3,210 in Ivory Coast.
• Heart Mobile campaign in Côte d'Ivoire conducted 6,334 cardiology consultations, 534 ECGs, and 78 ultrasounds.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Flash floods damaging crops in Eastern Africa and crippling droughts afflicting crop yields in Western Africa.
• Oversupply of key agricultural inputs globally resulting in declines in market prices.
• Geopolitical conflicts and limited cash availability impacting input access for farmers.
• Climate change impacts (excessive rainfall, drought) negatively impacting agricultural production.

Mitigation Strategies

• Interventions designed to overcome unpredictable weather events.
• Development of high-yielding, drought-tolerant field crops through OpenAg® collaboration.
• Initiatives to drive crop diversification and help farmers manage price and production fluctuations.
• Adaptability of UPL teams in Africa leveraging four decades of operational experience.
• Integrated model of products and services, Partnerships for Sustainability (P4S) outreach program, and CropVision digital tool.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Flash floods, droughts

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Biosolutions, improved seed varieties

Awards & Recognition

• ESG 2023 Excellence Award by KPMG India