Commits to reshape the role of global agriculture in the fight against climate change
UPL has joined The Climate Pledge (‘TCP’) as the first signatory from the agricultural inputs, solutions, and technologies sector. Joining TCP emphasises a wider commitment led by UPL to reimagine sustainability, and transform the role of agriculture as a positive contributor to meeting the challenges presented by climate change, food security, biodiversity loss, and water scarcity. In addition, over the last five years, UPL has reduced its carbon emissions by 26 per cent and have taken a goal to reduce our carbon emissions by an additional 25 per cent by 2025. UPL has made extensive use of sustainability-linked loans as a part of our capital structure to ensure that the link between actions and their impact is established.
Jai Shroff, Global CEO, UPL, said, “At UPL we believe that global agriculture is about to play its most important role yet – having first nourished the planet with abundant food, it will now sustain us through a transformational role tackling climate change. Achieving this will rely on reimagining sustainability through the power of partnerships, and by joining The Climate Pledge we are reinforcing our commitment to collaboration, sustainability, and leadership in our industry. We are excited to join a community that will share knowledge, ideas, and best practices.”
“The recent report released by the IPCC is the starkest warning yet that the systems supporting human life are reaching tipping points and that the window of time to act decisively is narrowing,” said Christiana Figueres, the UN’s former climate chief and now the founding partner of Global Optimism.
“This wake-up call from science must be faced with courage and conviction. In this light, it’s encouraging that 86 more companies – some of the largest household names in the world – are now joining The Climate Pledge, committing to accelerate their actions to tackle climate change in a timely fashion, and playing their part in building a low-carbon economy. I look forward to the fruits of the leadership we will see from this collective of 200 signatories that are now part of The Climate Pledge.”
