United Plantations Bhd 2023 AR2
The report highlights United Plantations Berhad's (UP) performance for the financial year ended December 31, 2023. The company achieved a record after-tax profit of RM711 million, representing a 17% increase compared to 2022, driven by higher commodity CPO prices and optimized yields. UP achieved an average crude palm oil (CPO) yield of 6.11 MT per hectare, with total CPO production rising to 265,973 MT. On the sustainability front, the company was ranked third globally and first in Malaysia in the SPOTT ESG transparency assessment with a score of 95.2%. Additionally, UP demonstrated a 63% reduction in greenhouse gas emissions per kilogram of refined palm oil produced from 2004 to 2023.
Company: United Plantations Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2023
Type: AR2
Pages: 224
United Plantations Bhd
Annual Report
The report highlights United Plantations Berhad's (UP) performance for the financial year ended December 31, 2023. The company achieved a record after-tax profit of RM711 million, representing a 17% increase compared to 2022, driven by higher commodity CPO prices and optimized yields. UP achieved an average crude palm oil (CPO) yield of 6.11 MT per hectare, with total CPO production rising to 265,973 MT. On the sustainability front, the company was ranked third globally and first in Malaysia in the SPOTT ESG transparency assessment with a score of 95.2%. Additionally, UP demonstrated a 63% reduction in greenhouse gas emissions per kilogram of refined palm oil produced from 2004 to 2023.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees