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MUMBAI, India, October 04, 2021–(BUSINESS WIRE)–UPL Ltd. (NSE: UPL & BSE: 512070) has introduced that it has joined The Climate Pledge (‘TCP’). UPL joins as the Pledge’s first signatory from the agricultural inputs, options, and applied sciences sector.
The Climate Pledge was co-founded by Amazon and Global Optimism in 2019, and it’s a dedication to attain net-zero carbon by 2040, and meet The Paris Agreement 10 years early. As of September 2021, The Climate Pledge has greater than 200 signatories throughout 26 industries and 21 international locations.
UPL is a world supplier of sustainable agriculture merchandise and options, bringing biologicals and conventional crop safety options to greater than 138 international locations round the world. UPL is reimagining sustainability by way of OpenAg, feeding sustainable progress for all – no limits, no borders. With farmers at our centre, we’re constructing a community that redefines the means the whole trade thinks and works – open to progressive concepts and new solutions as we try to make each single meals product extra sustainable.
Jai Shroff, Global CEO of UPL Ltd., mentioned:
“At UPL we consider that world agriculture is about to play its most vital position but – having first nourished the planet with plentiful meals, it should now maintain us by way of a transformational position tackling local weather change. Achieving it will depend on reimagining sustainability by way of the energy of partnerships, and by becoming a member of The Climate Pledge we’re reinforcing our dedication to collaboration, to sustainability, and to management in our trade. We are excited to be part of a group that may share information, concepts, and greatest practices.”
“The current report launched by the IPCC is the starkest warning but that the methods supporting human life are reaching tipping factors and that the window of time to act decisively is narrowing,” mentioned Christiana Figueres, the UN’s former local weather chief and now founding companion of Global Optimism. “This get up name from science should be confronted with braveness and conviction. In this gentle, it’s encouraging that 86 extra corporations – some of the largest family names in the world – at the moment are becoming a member of The Climate Pledge, committing to speed up their actions to deal with local weather change in a well timed trend, and taking part in their half in constructing a low-carbon economic system. I look ahead to the fruits of the management we are going to see from this collective of 200 signatories that at the moment are half of The Climate Pledge.”
Joining TCP emphasizes on a wider dedication led by UPL to reimagine sustainability, and rework the position of agriculture as a constructive contributor to assembly the challenges introduced by local weather change, meals safety, biodiversity loss, and water shortage. In addition, over the final 5 years UPL has lowered its carbon emissions by 26% and has taken a aim to scale back our carbon emissions by an extra 25% by 2025. UPL has made in depth use of sustainability-linked loans as a half of our capital construction to be sure that the hyperlink between actions and its affect is clearly established.
UPL’s dedication to TCP builds on the firm’s current memberships and associations by way of which it continues to reimagine sustainability, together with as members or signatories of: The Food and Land Use Coalition; United Nations Global Compact; World Business Council for Sustainable Development; World Economic Forum: Food Action Alliance; IGD; International Food and Policy Research Institute; World Cocoa Foundation; Cocoa and Forests Initiative; European Cocoa Association.
Notes to Editors:
About UPL
UPL Ltd. (NSE: UPL & BSE: 512070) is a world supplier of sustainable agriculture merchandise & options, with annual income exceeding $5.2 billion.
About The Climate Pledge
In 2019, Amazon and Global Optimism co-founded The Climate Pledge, a dedication to attain the Paris Agreement 10 years early and be net-zero carbon by 2040. Now, 201 organizations have signed The Climate Pledge, sending an vital sign that there can be fast progress in demand for services that assist scale back carbon emissions. For extra data, go to www.theclimatepledge.com.
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Contacts
Radhika Arora
Head of Investor Relations, UPL Ltd. [email protected]
Jessica Rebello,
Global Marketing Communications Manager, UPL Ltd. [email protected]
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