RICHMOND, Va., Dec. 14, 2021 /PRNewswire/ -- Universal
Corporation (NYSE:UVV) announced today the release of its 2021
Sustainability Report. "At Universal, sustainability has long
been part of how we conduct business. We are committed to
disclosing our operational activities as well as our sustainability
performance consistently and in a transparent manner," said
George C. Freeman III, Universal's
Chairman, President, and Chief Executive Officer. "We are excited
about our sustainability goals and targets outlined in this report
and will continue to build upon our global programs to reinforce
the sustainability of our supply chains."
Universal's 2021 Sustainability Report focuses on the Company's
material sustainability topics as well as environmental, social and
supply chain goals. As an example of our ongoing efforts to set
high standards of social and environmental performance to support a
sustainable supply chain, we have developed targets to reduce
greenhouse gas emissions, which are consistent with the levels
required to meet the goals of the Paris Agreement – limiting global
warming to well-below 2°C above pre-industrial levels. Our
targets have been approved by the Science Based Targets initiative
(SBTi), and reflect our commitment to reduce our global greenhouse
gas emissions by 30% by 2030. This report has been prepared
in accordance with the GRI Standards: Core option and SASB
Agriculture Products Standard, and data disclosed in this report
reflects activities from April 1,
2020, to March 31,
2021. The 2021 Sustainability Report is available at:
http://universalcorp.com/Resources/Practices/2021%20Universal%20Sustainability%20Report.pdf.
Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, is a global
business-to-business agri-products supplier to consumer product
manufacturers, operating in over 30 countries on five continents.
We strive to be the supplier of choice for our customers by
leveraging our farmer base, our commitment to a sustainable supply
chain, and our ability to provide high-quality, customized,
traceable, value-added agri-products essential for our customers'
requirements. We find innovative solutions to serve our
customers and have been meeting their agri-product needs for more
than 100 years. Our principal focus since our founding in 1918
has been tobacco, and we are the leading global leaf tobacco
supplier. Through our plant-based ingredients platform, we provide
a variety of value-added manufacturing processes to produce
high-quality, specialty vegetable- and fruit-based ingredients as
well as flavorings and extracts for the food and beverage end
markets. For more information, visit www.universalcorp.com.
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SOURCE Universal Corporation