Agrochemical company UPL has positively impacted the lives of over 6.7 lakh people across the
country, as it invested Rs 16 crore as part of its Corporate Social Responsibility (CSR) activities for
community development projects, according to the company’s Annual Report for 2019-20.
The annual report of the fifth largest crop protection company globally states that its average net
profit for the last three financial years stood at Rs 470 crore during the year and the company was
therefore required to spend Rs 9 crore towards CSR activities (2 per cent of the profits).
UPL however spent Rs 16 crore (Rs 18.08 crore in FY-2018-19; 4.44 per cent Profit After Tax) in the
reviewed financial year, which is, 3.54 per cent of its profit for the year.
“Our approaches of CSR initiatives emphasis on community participation in all stages of the project
cycle. All our interventions focus on the needs, strengths and growth of the community,” the report
“At UPL, our citizenship interventions are not restricted to the upliftment of only our neighbouring
communities, as we drive initiatives that address key priorities for nations, the report said.
At present, two core UPL values ‘Always Human’ and ‘Open Hearts’ are guiding force of our CSR
initiatives, it said.
UPL’s CSR commitment and interventions cater all the segment of the society and have been
classified in 4 focus areas – Institutions for Nation Buildings, Sustainable Livelihoods, Nature
Conservation and local and national needs.
UPL has a dedicated in-house experienced CSR team/UPL promoted foundation to make the
blueprint and execute the CSR programmes. UPL also engages with third parties, Government
organisations, NGO’s and CBO’s to perform specific programmes based on community needs and
The company conducts third-party impact assessment for all the CSR initiatives to measure the long-
term impact of the interventions in a period of three years. Lately, the company has conducted the
study in 2016 where the results were very encouraging both at the macro and micro level.
By: Murtuza Merchant