Kernel has joined the world’s largest corporate sustainability initiative – United Nations Global Compact. The participation in the project will enable Kernel to exchange the best practices and join its efforts with other companies all over the world.
«Sustainability is not just a trend, but also an integral part of corporate culture of any big business. Kernel’s global goal is social advancement through investing into social, economic and ecological spheres. Our company produces goods of the best quality at the lowest energy and resources consumption levels, maintaining the international standards. We are one of the biggest tax payers, a reliable participant of local communities development in the regions of our operation and one of the best and most responsible employers, which is confirmed by annual independent ratings», – Ievgen Osypov, Kernel CEO commented on.
During the last marketing year Kernel has reached the record low energy consumption volumes per ton of sunflower seed processed, and also the lowest in history energy consumption figures per ton of grain grown. The company has reduced direct GHG emissions and put into operation the first co-generation heat and power station. The company will allocate USD 170 million to implement alternative energy projects by 2021. However, Kernel is not just applying innovative agriproduction technologies, minimizing its environmental impact, but it is also instilling sustainable development culture within business environment, widely sharing its expertise and experience with other market players.
«United Nations Global Compact Network Ukraine secured support from Kernel as one of the biggest representatives of national business. Jointly we’ll be accomplishing the goals on human rights, environmental protection and anti-corruption. We’ll demonstrate to business community by our personal example how to keep committed to the principles of sustainable development», – Tetyana Sakharuk, United Nations Global Compact Network Ukraine CEO pointed out.
Early in 2020 Kernel became the leader of the first Ukrainian business corporate sustainability rating called “Sustainable Ukraine”. The rating assesses and compares the quality of corporate management system within the companies, their ability to ensure sustainable development of business and country in the whole, and also their positive impact on society. According to the assessment of Experts Committee the company received a very high AA grade for corporate sustainability.
