UIE PLC 2020 AR2

The report highlights UIE Plc.'s performance and sustainability initiatives for the fiscal year 2020. Despite challenging market conditions due to the Covid-19 pandemic, the company's net profit increased by 69% to USD 114.1 million, driven by strong operating performance from United Plantations Berhad (UP) and fair value increases in Schörling. In sustainability, UP achieved a 70% reduction in carbon emissions and an 80% reduction in methane emissions at its operating units since 2005, with all its oil mills now equipped with biogas plants. Additionally, UP continued its commitment to biodiversity conservation, recording hundreds of animal and plant species in its conservation areas, and maintained its zero-burn and no-deforestation policies.

Company: UIE PLC

Sector: Consumer Staples

Country: Malta

Year: 2020

Type: AR2

Pages: 99

UIE PLC 2020 Annual Report

Annual Report

The report highlights UIE Plc.'s performance and sustainability initiatives for the fiscal year 2020. Despite challenging market conditions due to the Covid-19 pandemic, the company's net profit increased by 69% to USD 114.1 million, driven by strong operating performance from United Plantations Berhad (UP) and fair value increases in Schörling. In sustainability, UP achieved a 70% reduction in carbon emissions and an 80% reduction in methane emissions at its operating units since 2005, with all its oil mills now equipped with biogas plants. Additionally, UP continued its commitment to biodiversity conservation, recording hundreds of animal and plant species in its conservation areas, and maintained its zero-burn and no-deforestation policies.

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Document Details

Report Year

2020

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Workplace Fatalities

Employees