You're reading: Kernel is a leader of corporate sustainability

Kernel is among the top three winners of the “Sustainable Ukraine” rankings of corporate sustainability business in Ukraine. According to the evaluation by an expert commission, Kernel is assigned an AA level, which signifies a very high level of corporate sustainability.”

Sustainable Ukraine, initiated by the Premier Business Consulting & Communications Company, is designated to assess and compare the quality of corporate governance within companies, their ability to ensure sustainable development of their business and the country as a whole as well as the business’s positive impact on society. In their comprehensive research, the expert commission has conducted assessments of Ukrainian business in a few areas at a time. Kernel became one of the absolute leaders in most of them, with notable results achieved in corporate governance, finance and economics ecological and social development.

“Sustainable Ukraine” rating mark a new stage in the development of responsible business conduct in Ukraine. It is a supplementary tool, allowing to assess the level of conformance of the company to international standards and sustainable development requirements,”Yevgen Osypov, Kernel CEO commented.

“Kernel is not only the leader of Ukrainian agribusiness; it has been the standard-bearer among all national companies for a long time. It’s supported by a number of key highlights, independent evaluations and ratings.”

“Thus, we realize our role in the formation of business conduct culture in Ukraine. Besides the fact that Kernel is an example of the creation of a sustainable, responsible and highly efficient company, we willingly accept responsibilities beyond those provided by current legislation, namely, tax payment. Our social initiatives are equally aimed at both corporate support of the company’s employees and solving urgent social problems in the regions of Kernel operations. Sustainable development and social responsibility principles are declared at Kernel Corporate Code and include minimization of energy resource usage, careful soil tillage, strict product quality control, also ensuring safe and healthy working environment for the employees, providing broad options for professional training and career development.”

On the basis of 2019 results, Sustainable Ukraine rating included the companies which are among Ukraine’s 250 major taxpayers. A high level of corporate sustainability, besides Kernel, was assigned to such companies as Energoatom, Ukrhydroenergo, Coca Cola Ukraine, Metinvest, DTEK and others.

Such assessments of Ukrainian business key player’s growth dynamics will now be conducted on an annual basis. The rating has a global aim – to boost positive changes within Ukraine’s business environment, and therefore throughout the whole country. It is also committed to increase competitiveness and attractiveness of socially responsible business conduct.

Let us remember, that in 2019 Kernel was named the Best Employer among Ukrainian agricultural companies. It also entered the Top 20 most socially responsible businesses in Ukraine. Moreover, Kernel’s Charity Fund, Together with Kernel, won the first prize in the national contest Charitable Ukraine.