Energy Efficiency, GHG Emissions - March 9, 2022
Nutrien Invests in Emissions Reduction Projects
Nutrien Ltd. announced it will spend $50 million in investments for Scope 1 emissions reduction projects that are expected to reduce CO2 equivalent emissions by 1 million tons by the end of 2023.
Nutrien also released its 2022 Environment, Social and Governance (ESG) Report, including its efforts on the company’s Nutrien’s 2030 sustainability commitments and supporting initiatives.
The highlights from the 2022 ESG Report include:
- Intensity declines across total Scope 1 and 2 emissions, energy and freshwater consumption measures.
- Strong grower interest in Nutrien’s Carbon Program, resulting in approximately 225,000 pilot acres enabled across North America in 2021 and
- Signed collaboration agreements to advance low- and zero-carbon ammonia development, including a low-carbon, ammonia-fueled vessel and a pilot-scale green ammonia plant.
Nutrien is committed to ESG reporting best practices and incorporated recommendations from the Task Force on Climate-Related Financial Disclosures that provide insight into its climate-impact and long-term resiliency. Nutrien’s ESG report is also informed by best practices from the World Business Council for Sustainable Development ESG Disclosure Handbook and metrics from the Sustainability Accounting Standards Board.
“In 2021, we accelerated our efforts to help address the world’s food security needs and sustainably feed a growing global population, with a view to strengthening long-term viability for Nutrien and our stakeholders,” said Mark Thompson, Executive Vice President, Chief Strategy and Sustainability Officer said in a statement. “Our 2022 ESG Report demonstrates the significant company-wide efforts we’re making to play a leadership role in building the resilience of our global food system and advance the necessary pathways to support a sustainable future for agriculture and our planet.”
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