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UPL's ESG Conference Key Takeaways - Focus On Sustainability As Key Business Driver: ICICI Securities

UPL's ESG Conference Key Takeaways - Focus On Sustainability As Key Business Driver: ICICI Securities

Farmer drives a sprayer as he applies insecticide on a soybean field. (Photographer: Daniel Acker/Bloomberg)
Farmer drives a sprayer as he applies insecticide on a soybean field. (Photographer: Daniel Acker/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

We hosted the management of UPL Ltd. at our virtual environmental, social and corporate governance conference on June 25, 2021. Key takeaways:

1. the company considers sustainability as key part of its business model. It is number one agrochemical company in ESG by sustainalytics,

2. over the past five years, the company has reduced specific water consumption by 21%, specific carbon emission by 26% and waste disposal by 45% and

3. the company is working towards four well defined goals to be achieved by 2025:

  • reduce environment footprint,

  • enhance world food security,

  • enhance sustainable sourcing and

  • strengthen community well-being.

Click on the attachment to read the full report:

ICICI Securities UPL ESG Conference.pdf

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