UPL Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

In accordance with the Regulations Governing the Internal Organization, the Board of Directors offer strategic guidance on all sustainability problems, including climate-related challenges, and exercises supervision over the Group Leadership Team. The Board of Directors, in particular, determines the Company's sustainability strategic priorities and policies; evaluates the efficacy and implementation of sustainability-related internal policies; and advises the Group Leadership Team on measures proposed. [...] The Sustainability function is led by the Global Head of Environment & Sustainability. Sustainability initiatives, performance management, and policy interactions – including those connected to climate change – are all coordinated and channeled through this department. It evaluates and tracks the company's progress on climate change and the broader sustainability goal. The Global Head of Environment & Sustainability apprises the Group Leadership Team and the Board of Directors on the company's sustainability obligations on a regular basis and advises them on appropriate actions. [...] The Company examines its management's effort to reduce its environmental impact on a regular basis, and each department has environmental KPIs tied to its annual success. This creates a competitive and healthy competition across the Company, with each department actively working to decrease their environmental footprint, thereby reducing UPL's overall footprint.

https://www.upl-ltd.com/downloads/tcfd-taskforce-on-climate-report-2022.pdf