UPDC PLC 2021 Annual Report with Sustainability Disclosures
The report highlights UPDC Plc's financial and sustainability performance for the fiscal year 2021. During the year, the company launched its flagship real estate project, Pinnock Prime Estate, marking its resurgence in real estate development. UPDC also successfully reduced its borrowing costs from N1.51 billion in 2020 to N764 million in 2021 by exercising a bond call option. On the sustainability front, the company aligned its reporting with the GRI Standards and the Nigerian Exchange's guidelines, identifying 22 material ESG topics. Additionally, UPDC achieved zero workplace fatalities and conducted extensive ESG training for its employees.
Company: UPDC PLC
Sector: Real estate
Country: Nigeria
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 148
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UPDC PLC
Annual Report
The report highlights UPDC Plc's financial and sustainability performance for the fiscal year 2021. During the year, the company launched its flagship real estate project, Pinnock Prime Estate, marking its resurgence in real estate development. UPDC also successfully reduced its borrowing costs from N1.51 billion in 2020 to N764 million in 2021 by exercising a bond call option. On the sustainability front, the company aligned its reporting with the GRI Standards and the Nigerian Exchange's guidelines, identifying 22 material ESG topics. Additionally, UPDC achieved zero workplace fatalities and conducted extensive ESG training for its employees.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 7, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees