Kernel is rated ‘B’ according to the CDP (Carbon Disclosure Project) rating, which is two notches higher than in 2021. The rating evaluates the activities of companies in terms of corporate climate management.

Kernel has been actively supporting the disclosure of the relevant data according to the CDP methodology.

“We consider the CDP assessment methodology as an applied tool for the corporate climate management program implementation, as well as a benchmark for annual improvement and strengthening of the leadership position in low-carbon development in the region,” Kernel CEO Yevhen Osipov said. “Despite the turbulence of agricultural markets, challenges for the economy and business under conditions of the martial law, we remain a flagship in the implementation of climate initiatives in Ukraine and shape the right message for the global community. It is one of the key elements of stability now, and one of the determining factors for raising investment in the recovery of the country in the future.”

The CDP rating assesses the companies’ corporate climate management activities, including the level of disclosure of greenhouse gas emissions associated with operations, approach to managing climate risks and opportunities, and interaction with suppliers and trading partners regarding joint low-carbon development initiatives.

Kernel’s position corresponds to the level of the world’s largest agricultural traders. In particular, ‘B’ grade was given to Archer Daniels Midland Company, Bunge Limited, Cargill Incorporated, etc. This year’s CDP report includes more than 18 thousand companies valued at over a half of the world market capitalization. The information about the results of businesses in the CDP rating is in demand for the largest investors with total assets of more than USD 130 trillion.