UIE Plc 2021 Annual Report with Sustainability Disclosures
The report highlights UIE's performance in 2021, noting a net profit of USD 108.2 million despite challenging market conditions. Its largest investment, United Plantations Berhad (UP), achieved a record-high net profit of MYR 522 million, driven by higher palm oil prices and increased production volumes. UIE also saw a 19% increase in the fair value of its investment in Schörling. On the sustainability front, UP reduced its greenhouse gas emissions per kilogram of refined oil by 61% from 2004 to 2021, meeting its target four years ahead of schedule. Additionally, UP continued to expand its light railway network to reduce fossil fuel consumption and maintained extensive conservation areas.
Company: UIE Plc
Sector: Finance & insurance
Country: Malta
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 108
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UIE Plc
Annual Report
The report highlights UIE's performance in 2021, noting a net profit of USD 108.2 million despite challenging market conditions. Its largest investment, United Plantations Berhad (UP), achieved a record-high net profit of MYR 522 million, driven by higher palm oil prices and increased production volumes. UIE also saw a 19% increase in the fair value of its investment in Schörling. On the sustainability front, UP reduced its greenhouse gas emissions per kilogram of refined oil by 61% from 2004 to 2021, meeting its target four years ahead of schedule. Additionally, UP continued to expand its light railway network to reduce fossil fuel consumption and maintained extensive conservation areas.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Employees