KERNEL : NAMED MOST TRANSPARENT AGRICULTURAL COMPANY IN UKRAINE

15 February 2016

KERNEL NAMED MOST TRANSPARENT AGRICULTURAL COMPANY IN UKRAINE

Kernel was named the most transparent company among food and agricultural businesses, according to the Transparency Index of the largest companies in Ukraine, released on February 11. The index, conducted by think tank Center for Development of Corporate Social Responsibility, covered a hundred of the largest private businesses in Ukraine from the Forbes 200 list and was based on an independent review of publicly disclosed information. Of the grade, 40% was assigned based on availability of reporting on sustainability and/or corporate social responsibility, 35% was assigned based on disclosure of specific sustainability metrics, and 25% for the ease of access to the aforementioned information. The food and agriculture subset of the ranking included, in addition to Kernel, such companies as ADM Ukraine, Agromars, Agrotrade, Bunge Ukraine, Cargill Ukraine, Creative, Delta Wilmar, Konti, Louis Dreyfus Ukraine, MHP, Milkiland, Mondelez Ukraine, Nestle Ukraine, Nibulon, Ovostar Union, PepsiCo Ukraine, Roshen, T.B.Fruit, Vioil, and Ukrlandfarming.

Kernel was also highlighted as one of only three companies in Ukraine to report its performance under G4 sustainability reporting guidelines developed by GRI. Kernel reports its non-financial performance as an integral part of its annual report; it is available here.

Note: The Center for Development of Corporate Social Responsibility, established in 2008, is a non-governmental organization aimed at promoting social responsibility. Uniting over forty companies, the center is based in Kyiv, Ukraine. The Transparency Index has been conducted annually since 2011.

All news