UPL Limited

UPL Limited, headquartered in India, reported global Scope 1 emissions of 670,011,000 kg CO2e, Scope 2 emissions of 168,258,000 kg CO2e, and Scope 3 emissions of 3,528,092,000 kg CO2e for 2025. This constitutes a total of approximately 4.366 billion kg CO2e. For 2024, the company's Scope 1 emissions were 665,867,000 kg CO2e, Scope 2 emissions were 158,377,000 kg CO2e, and Scope 3 emissions were 3,550,511,000 kg CO2e.

UPL Limited is committed to various climate initiatives, including achieving net-zero emissions by 2050, as stated in their 2023-24 Annual Report. They also aim for carbon neutrality by 2030 for Scope 1 and Scope 2 emissions.

The company has set several near-term reduction targets:

• Scope 1 Emissions: A 25% absolute reduction by 2025 (from a 2019 baseline), and a 30% absolute reduction by 2030 (from a 2020 baseline).
• Scope 2 Emissions: A 25% absolute reduction by 2025 (from a 2019 baseline), and a 30% absolute reduction by 2030 (from a 2020 baseline), with another target of a 64% absolute reduction by 2025 (from a 2023 baseline).

UPL Limited has also set Science-Based Targets initiative (SBTi) approved goals:

• Scope 1 and 2 Emissions: A 63.12% intensity reduction per tonne of agrochemical by FY2034 from a FY2019 base year, which is equivalent to a 37.5% absolute reduction. These targets are consistent with reductions required to keep warming to well-below 2°C.
• Scope 3 Emissions: A 42% intensity reduction per tonne of agrochemical from purchased goods and services, fuel and energy-related activities, and upstream transportation & distribution within the same timeframe (FY2034 from a FY2019 base year).

The company is a signatory to the Climate Pledge as of 2021. All emissions and climate commitment data are directly from UPL Limited.