UPL Ltd. Releases Business Responsibility and Sustainability Report for FY 2025-26; Highlights Commitment to Circular Economy

UPL Ltd. Releases Business Responsibility and Sustainability Report for FY 2025-26; Highlights Commitment to Circular Economy​

UPL Limited has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year spanning April 1, 2025, to March 31, 2026. The report details the company's performance across environmental stewardship, social responsibility, governance structure, and commitment to ethical business practices, with independent reasonable assurance provided by TÜV SÜD South Asia Pvt. Ltd. on the BRSR Core indicators.

Corporate Profile and Business Operations​

The company, incorporated in 1985, has a paid-up capital of R 169 Crores. Its business activities are diversified between manufacturing (83.20%) and wholesale trading (16.80%). UPL operates 3 plants and 71 offices nationally. Exports form a significant part of the company's turnover, contributing 65.15% of total sales.

The entity employs a workforce of 596 permanent employees and 286 workers.

Environmental Stewardship (E) Highlights​

UPL demonstrated strong focus on resource efficiency and waste management during the reporting period. The company has implemented a robust strategy based on the "4R" principle: Reduce, Reuse, Recycle, and Recover, with an ambitious goal of achieving a 60% reduction in specific waste disposal by 2030.

Key environmental performance metrics include:

• GHG Emissions: Total Scope 1 emissions were reported at 4,589 metric tonnes for FY 2025-26, and Total Scope 2 emissions stood at 12,701 metric tonnes. The combined intensity of Scope 1 and Scope 2 emissions was noted as 0.0000002 per rupee of turnover.
• Energy Consumption: Total energy consumed for the period was 1,78,781 Gigajoules (GJ). The company showed a positive trend in renewable usage, with total electricity consumption from renewable sources recorded at 28,021 GJ.
• Water Management: In terms of water withdrawal, total volume across all sources stood at 50,571 kilolitres for FY 2025-26. The company reported that 100% of its manufacturing sites operate under Zero Liquid Discharge (ZLD).
• Waste Generation: Total waste generated was 6,664 metric tonnes. Of this total, 4,720 metric tonnes were recycled.

The commitment to environmental health also extended to specific initiatives, such as the interconnection of SPD Chiller in Unit 03 & 26, which resulted in an energy saving of 827,820 kWh and a CO2 emission reduction of 588 MT.

Social and Governance Performance (S&G)​

The BRSR report provides detailed insights into UPL's commitment to workforce welfare, safety standards, and stakeholder engagement across its operations.

Workforce Welfare and Safety:

• UPL ensured that all employees were covered by occupational health and safety management systems, with 100% of plants and offices assessed for ISO 45000:2018 certification.
• The company maintains a zero-tolerance policy toward workplace harassment, reporting 0 complaints against the Sexual Harassment of Women at Workplace (POSH) Act in FY 2025-26, compared to 2 complaints and 1 upheld complaint in FY 2024-25.
• In terms of remuneration, employees who are not part of the Board or KMP had a median salary of 4,36,356, while workers saw a median wage of 1,88,220 for males.

Stakeholder and Human Rights Focus:
UPL actively engages with stakeholders through multiple channels, including annual reports, investor meetings, and community engagement. A dedicated internal grievance mechanism is in place to address human rights issues. The company also maintains a commitment toward sustainable sourcing, noting that 43% of inputs were sourced sustainably.

Manufacturing and Product Responsibility​

The entity places high importance on the safe and responsible usage of its products. UPL ensures that product labels exceed mandated regulatory standards, providing comprehensive information regarding dosage and application methods to farmers through programs like "Apply Well" and "Applique Bem." The company reported zero instances of product recalls due to safety issues during the reporting year.

Audit and Assurance​

The sustainability disclosures were assured by TÜV SÜD South Asia Pvt. Ltd. on a reasonable basis for the BRSR Core indicators. The assurance process involved on-site verification at Unit 3, Ankleshwar, Gujarat, and review of other facilities in Jammu and Dahej.

Key findings from the report regarding environmental compliance include:

The report details the management's commitment to continuous improvement, noting that UPL remains committed to fostering a supportive and equitable workplace, reinforcing the dignity and fairness for all employees and workers.

UPL Stock Price Movement​

On Wednesday, shares of UPL Limited edged higher in the market, settling at ₹597.3 after gaining 0.99%. The stock traded on a volume of 2.71 million shares, closing comfortably above its previous close of ₹593.15.