Universal Corporation Releases 2024 Sustainability Report
Universal (NYSE:UVV) has released its 2024 Sustainability Report, highlighting significant progress in environmental and social initiatives from April 2023 to March 2024. The company has achieved notable environmental milestones, including planting over 14 million trees, reaching 71% traceability in timber supply, and reducing scope 1 and 2 emissions by 15% from 2020 baseline.
Key social achievements include training 175,000 farmers on good agricultural practices, contributing $800,000 through the Universal Leaf Foundation, and meeting important labor goals including 100% personal protective equipment distribution and zero child labor. The company has also enhanced workplace safety with over 21,000 health and safety inspections, a 40% increase from the previous year.
The report aligns with Global Reporting Initiative Standards and UN Sustainable Development Goals, demonstrating Universal's commitment to transparent sustainability reporting and environmental stewardship.
Universal (NYSE:UVV) ha pubblicato il suo Rapporto sulla Sostenibilità 2024, evidenziando i progressi significativi nelle iniziative ambientali e sociali dal aprile 2023 al marzo 2024. L'azienda ha raggiunto traguardi ambientali notevoli, tra cui la piantumazione di oltre 14 milioni di alberi, il 71% di tracciabilità nella fornitura di legname e una riduzione delle emissioni di portata 1 e 2 del 15% rispetto ai livelli del 2020.
I principali successi sociali includono la formazione di 175.000 agricoltori sulle buone pratiche agricole, un contributo di 800.000 dollari attraverso la Universal Leaf Foundation e il raggiungimento di obiettivi lavorativi importanti, tra cui la distribuzione completa di equipaggiamento di protezione personale e l'assenza di lavoro minorile. L'azienda ha anche migliorato la sicurezza sul lavoro con oltre 21.000 ispezioni sulla salute e sicurezza, un aumento del 40% rispetto all’anno precedente.
Il rapporto è conforme agli Standard dell'Iniziativa di Reporting Globale e agli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite, dimostrando l'impegno di Universal per una rendicontazione sostenibile trasparente e una corretta gestione ambientale.
Universal (NYSE:UVV) ha publicado su Informe de Sostenibilidad 2024, destacando avances significativos en iniciativas ambientales y sociales desde abril de 2023 hasta marzo de 2024. La compañía ha alcanzado hitos ambientales notables, incluyendo la siembra de más de 14 millones de árboles, alcanzando un 71% de trazabilidad en el suministro de madera y reduciendo las emisiones de alcance 1 y 2 en un 15% respecto a la línea de base de 2020.
Los logros sociales clave incluyen capacitar a 175,000 agricultores en buenas prácticas agrícolas, contribuir con 800,000 dólares a través de la Fundación Universal Leaf, y cumplir con importantes objetivos laborales, incluyendo la distribución del 100% de equipo de protección personal y cero trabajo infantil. La compañía también ha mejorado la seguridad en el lugar de trabajo con más de 21,000 inspecciones de salud y seguridad, un aumento del 40% respecto al año anterior.
El informe se alinea con los Estándares de la Iniciativa de Reporte Global y los Objetivos de Desarrollo Sostenible de la ONU, demostrando el compromiso de Universal con una rendición de cuentas sostenible y una gestión ambiental responsable.
유니버설 (NYSE:UVV)이 2024 지속 가능성 보고서를 발표하였으며, 2023년 4월부터 2024년 3월까지 환경 및 사회적 이니셔티브에서의 중요한 진전을 강조하고 있습니다. 이 회사는 1400만 그루 이상의 나무를 심는 것을 포함하여, 목재 공급의 71% 추적 가능성을 달성하고 2020년 기준 대비 범위 1 및 2 배출량을 15% 줄이는 등 중요한 환경 이정표를 달성했습니다.
주요 사회적 성과로는 175,000명의 농부에게 좋은 농업 관행에 대한 교육을 제공하고, 유니버설 리프 재단을 통해 800,000달러를 기부하며, 100% 개인 보호 장비 배포 및 아동 노동 제로를 포함한 중요한 노동 목표를 달성한 것입니다. 또한, 이 회사는 작년 대비 40% 증가한 21,000건 이상의 건강 및 안전 점검을 통해 작업장 안전을 강화했습니다.
이 보고서는 글로벌 보고 이니셔티브 기준 및 UN 지속 가능한 개발 목표와 일치하며, 유니버설의 투명한 지속 가능성 보고 및 환경 관리에 대한 의지를 보여줍니다.
Universal (NYSE:UVV) a publié son Rapport sur la durabilité 2024, soulignant les progrès significatifs dans les initiatives environnementales et sociales d'avril 2023 à mars 2024. L'entreprise a atteint des jalons environnementaux notables, notamment la plantation de plus de 14 millions d'arbres, atteignant 71% de traçabilité dans l'approvisionnement en bois, et réduisant les émissions de portée 1 et 2 de 15% par rapport aux niveaux de 2020.
Parmi les principales réalisations sociales, on trouve la formation de 175 000 agriculteurs sur les bonnes pratiques agricoles, une contribution de 800 000 dollars par le biais de la Universal Leaf Foundation, et la réalisation d'objectifs de travail importants, notamment la distribution de 100% d'équipement de protection individuelle et zéro travail des enfants. L'entreprise a également amélioré la sécurité au travail avec plus de 21 000 inspections de santé et de sécurité, soit une augmentation de 40% par rapport à l'année précédente.
Le rapport est conforme aux normes de l'Initiative de Reporting Global et aux Objectifs de Développement Durable des Nations Unies, démontrant l'engagement d'Universal envers un reporting de durabilité transparent et une gestion environnementale responsable.
Universal (NYSE:UVV) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der bedeutende Fortschritte in den Umwelt- und Sozialinitiativen von April 2023 bis März 2024 hervorhebt. Das Unternehmen hat bemerkenswerte Umweltmeilensteine erreicht, darunter die Pflanzen von über 14 Millionen Bäumen, eine Rückverfolgbarkeit von 71% in der Holzversorgung und eine Reduzierung der Scope 1- und 2-Emissionen um 15% gegenüber der Basislinie von 2020.
Zu den wichtigsten sozialen Errungenschaften gehören die Schulung von 175.000 Landwirten in guten landwirtschaftlichen Praktiken, ein Beitrag von 800.000 Dollar durch die Universal Leaf Foundation sowie das Erreichen wichtiger Arbeitsziele, darunter die Verteilung von 100% persönlicher Schutzausrüstung und null Kinderarbeit. Das Unternehmen hat auch die Sicherheit am Arbeitsplatz mit über 21.000 Gesundheits- und Sicherheitsinspektionen verbessert, was einem Anstieg von 40% im Vergleich zum Vorjahr entspricht.
Der Bericht entspricht den Standards der Global Reporting Initiative und den Zielen für nachhaltige Entwicklung der UN und zeigt das Engagement von Universal für transparente Nachhaltigkeitsberichte und Umweltverantwortung.
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"When we define "success" at Universal, we look at more than just our financial performance. We also place a great weight on our ability to enhance our global sustainability efforts and to report those efforts publicly and transparently," said Preston Wigner, Universal's Chairman, President, and CEO. "Simply put, sustainability is not just good business, it is the right thing to do. Our 2024 Sustainability Report reflects the value we place on sustainability and highlights the actions we have taken to be successful."
Over the last 12 months, Universal has made significant achievements and progress towards its sustainability goals:
Progress Towards Environmental Goals
- Planted more than 14 million trees around the world and achieved
71% traceability in its timber supply chain, moving the Company closer to its target of100% traceability by 2030. - Entered into a Virtual Power Purchase Agreement for renewable energy from a solar power project to offset
100% of electricity use inthe United States by 2026. - Reduced absolute scope 1 and 2 emissions by 15 percent from the Company's 2020 baseline and are on track to reach its reduction target set with the Science Based Target Initiative of 30 percent by 2030.
- Recycled more than 23,000,000 liters of water and implemented water recycling for non-potable water and irrigation needs.
Continuing Support for Communities
- Trained over 175,000 farmers on Good Agricultural Practices and Agricultural Labor Practices.
- Contributed over
$800,000
Progress Towards Social Goals
- Substantially met the Company's goals for its contracted farmers of
100% personal protective equipment distribution,100% farm labor accommodations,0% child labor, and100% minimum wage threshold for farm workers for the second year in a row. - Adopted and implemented a Behavior-Based Safety Program to improve workplace safety and conducted over 21,000 health and safety inspections, which represents a 40 percent increase over the prior year.
Universal's 2024 Sustainability Report discloses the Company's sustainability performance from April 1, 2023 to March 31, 2024. It was prepared with reference to Global Reporting Initiative Standards and aligns with the United Nations Sustainable Development Goals. The report is available at: http://universalcorp.com/Practices/SocialResponsibility.
Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com.
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SOURCE Universal Corporation
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