Nutrien Releases 2023 Global Sustainability Report
March 07 2024 - 5:00PM
Business Wire
Nutrien Ltd. (TSX and NYSE: NTR) released its Global
Sustainability Report today, detailing Nutrien’s performance and
progress on its sustainability initiatives for the year ending
2023.
“Nutrien has a critical role to play in helping provide the
food, fuel and fiber the world needs. In 2023, we continued to
build strategic partnerships to help amplify our impact while
refining our sustainability strategy to align with core business
objectives that support both the environment and our people,
customers, supply chain partners, communities and shareholders,”
said Tim Faveri, Vice President, Sustainability and Stakeholder
Relations.
Key highlights from the Global Sustainability Report
include:
- Measured, documented and calculated sustainable outcomes on
approximately two million sustainably engaged acres in North
America, South America and Australia.
- Completed our GHG Phase I abatement program which included a
number of N2O abatement projects, energy and emission efficiency
upgrades, and tied in our second ammonia plant at our Redwater site
to the Alberta Carbon Trunk Line to allow additional CO2 to be
permanently sequestered.
- Developed our first validated pathway and verified GHG outcomes
for grain crops in Canada, and verified GHG offsets and insets in
the US, based on grower data.
- Co-launched with Canadian business leaders the Canadian
Alliance for Net Zero Agrifood (CANZA) with industry-leading peers,
which aims to foster collaboration and innovation to reduce
emissions in the agri-food value chain.
- Achieved 32 percent spend with local direct Indigenous economic
impact in Nutrien’s Potash operating segment, reflecting over $300
million of contract opportunities that support direct positive
impact with Indigenous communities and Peoples.
- Achieved our best record for Total Recordable Injury Frequency
(“TRIF”) and maintained our best record for Lost Time Injury
Frequency (“LTIF”) since Nutrien formed in 2018.
As the world’s largest provider of crop inputs and services,
Nutrien is positioned to drive long-term value creation through the
integration of sustainability initiatives, from fertilizer
production to grower practices in the field. Through innovation and
collaboration, we strive to improve our sustainability performance
within our operations and provide sustainable agricultural
solutions to support growers who are feeding a growing
population.
To view Nutrien’s Global Sustainability Report, please click
here.
Forward Looking Statements
Certain statements and other information included in this news
release constitute “forward-looking information” or
“forward-looking statements” (collectively, “forward-looking
statements”) under applicable securities laws. Such statements
include, but are not limited to: Nutrien’s sustainability
(including climate) plans, strategies and initiatives (including
targets, goals and commitments), and its expectations regarding the
achievement thereof; and our expectations for CANZA.
Forward looking statements in this news release are based on
certain key expectations and assumptions made by Nutrien, many of
which are outside of our control including, but not limited to,
that future business, regulatory and industry conditions and global
economic conditions will be within the parameters expected by us.
Although Nutrien believes that the expectations and assumptions on
which such forward looking statements are based are reasonable,
undue reliance should not be placed on the forward-looking
statements because Nutrien can give no assurance that they will
prove to be correct. Forward looking statements are subject to
various risks and uncertainties which could cause actual results to
differ materially from the anticipated results or expectations
expressed in this news release including, not limited to: that
future business, regulatory and industry conditions will be within
the parameters expected by us, including with respect to prices,
expenses, margins, demand, supply, and production mix; Nutrien’s
ability to develop and/or access technology; development and growth
of end market demand for sustainable products and solutions; our
expectations for partnerships and actions of third-parties;
development and execution of our sustainability strategies and
initiatives; government regulation, incentives, and initiatives;
regulatory approvals; performance of third parties; and other
unforeseen difficulties and risks.
For additional information on the assumptions made, and the
risks and uncertainties that could cause actual results to differ
from the anticipated results, refer to the Global Sustainability
Report, Feeding the Future Plan, as well as the 2023 Annual Report
dated February 22, 2024 and the Annual Information Form dated
February 22, 2024 for the year ended December 31, 2023, filed under
Nutrien’s profile on SEDAR at www.sedarplus.ca and with the
Securities and Exchange Commission in the US at www.sec.gov.
The forward-looking statements in this news release are made as
of the date hereof and Nutrien disclaims any intention or
obligation to update or revise any forward-looking statements in
this news release, except as may be required under applicable
Canadian securities legislation or applicable US federal securities
laws.
About Nutrien
Nutrien is a leading provider of crop inputs and services,
helping to safely and sustainably feed a growing world. We operate
a world-class network of production, distribution and ag retail
facilities that positions us to efficiently serve the needs of
growers. We focus on creating long-term value by prioritizing
investments that strengthen the advantages of our integrated
business and by maintaining access to the resources and the
relationships with stakeholders needed to achieve our goals.
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version on businesswire.com: https://www.businesswire.com/news/home/20240306562032/en/
Investor Relations Jeff Holzman Vice President, Investor
Relations (306) 933-8545
Media Relations Megan Fielding Vice President, Brand
& Culture Communications (403) 797-3015
Contact us at: www.nutrien.com
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