Tag: greenhouse gas

  • Universal Releases FY25 Sustainability Report

    Universal Releases FY25 Sustainability Report

    Universal Corporation released its 2025 Sustainability Report yesterday (January 12), outlining progress across environmental, social, and governance priorities during the fiscal year ended March 31, 2025. The company reported a nearly sixfold increase in renewable electricity use, with renewables accounting for 17.8% of global consumption, and a 7.7% year-over-year reduction in combined Scope 1 and 2 greenhouse gas emissions, alongside Science Based Targets initiative approval for near- and long-term goals. Social initiatives included direct engagement with more than 200,000 tobacco farmers, over 2 million farm visits, distribution of 445,000 PPE kits, and expanded workplace safety inspections. The report, prepared in alignment with GRI and SASB standards and incorporating EU CSRD considerations, also highlights expanded data transparency and a completed double materiality assessment.