RICHMOND, Va., March 20,
2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV)
has been recognized as a 2022 Supplier Engagement Leader by CDP, a
nonprofit charity that runs a global disclosure system for
investors, companies, cities, states and regions to manage their
environmental impacts. This is the second straight year Universal
Corporation has earned this recognition. The CDP's Supplier
Engagement Rating (SER) system independently evaluates how
effectively companies are engaging their suppliers on climate
change, using the CDP's annual climate change questionnaire that
covers governance, targets, scope 3 emissions, and value chain
engagement. The top 8% of assessed companies were selected as 2022
Supplier Engagement Leaders.
"We are honored to once again be recognized by CDP as a Supplier
Engagement Leader," said George C. Freeman
III, Universal's Chairman, President, and Chief Executive
Officer. "At Universal, we work in partnership with our suppliers
to reinforce the sustainability of our supply chains and meet our
climate change goals. Universal is committed to setting high
standards of social and environmental performance."
Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, is a global
business-to-business agri-products supplier to consumer product
manufacturers, operating in over 30 countries on five continents.
We strive to be the supplier of choice for our customers by
leveraging our farmer base, our commitment to a sustainable supply
chain, and our ability to provide high-quality, customized,
traceable, value-added agri-products essential for our customers'
requirements. We find innovative solutions to serve our customers
and have been meeting their agri-product needs for more than 100
years. Our principal focus since our founding in 1918 has been
tobacco, and we are the leading global leaf tobacco supplier.
Through our plant-based ingredients platform, we provide a variety
of value-added manufacturing processes to produce high-quality,
specialty vegetable- and fruit-based ingredients as well as
botanical extracts and flavorings for the food and beverage end
markets. For more information, visit
www.universalcorp.com.
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SOURCE Universal Corporation