NUFARM LIMITED Sustainability Review 2021
A message from our Managing Director & CEO
"The world is rightly focussing on the environmental demands of our time, especially to reduce greenhouse gas emissions. What is not commonly appreciated is that we need the technologies of modern agriculture to simultaneously be sustainable and feed the world."
By 2050, food output will need to expand by as much as
50 per cent in some parts of the world to meet the demands of 9.7 billion people wanting more, higher quality and diverse food. At the same time, our food production system will be under increasing pressure from climate change impacts, water scarcity, urbanisation, and soil degradation.
The importance of increasing productivity on land is clear. Not increasing productivity to meet growing food needs will mean we will need to clear more land. The destruction of native vegetation that this entails will only worsen the climate problem.
At Nufarm, we focus our efforts where we can have the greatest influence. Central to our sustainability approach is enabling our growers to produce more from less, responding to the global demand for more food, while at the same time providing products that help them adapt to climate change impacts and minimise unintended environmental consequences.
The products that Nufarm supplies are supportive of and consistent with increased sustainability in agriculture and simultaneously help us meet the challenge of feeding the world.
One of the key tools that enhances productivity and sustainability at the same time is modern crop protection technology. Without the benefits of modern herbicides, for example, farmers would be faced with much lower yields.
Another important example of our commitment to sustainability is in our seed technologies business. This business facilitates the growing of crops that positively impact global environmental issues and provides new economic opportunities for farming communities.
In 2021, we have continued to broaden our approach to sustainability and more explicitly recognising the role we play in improving the sustainability of modern agriculture. This 2021 sustainability report details some of our key areas of focus.
The content in this report is also complemented by our additional disclosure against the Global Reporting Initiative's (GRI) sustainability reporting standard, which will be available in early 2022 at https://nufarm.com/gri-reporting-2021/. This provides additional detailed information on our approach to key sustainability issues and analysis of our performance for the year.
Thank you for your interest in this important area. I look forward to continuing to update you on Nufarm's progress and welcome feedback and engagement on our approach.
Greg Hunt
Managing Director & CEO
Nufarm Limited | Sustainability Review 2021 | 2 |
Supporting sustainable | Health, safety |
agriculture | and wellbeing |
34
Reducing our | Empowering |
environmental footprint | our people |
56
Conducting our business with integrity
7
The information in this report relates to Nufarm Ltd (ASX:NUF) and its wholly owned subsidiaries for the 12 month period ending 30 September 2021, which we refer to as "2021". Due to a change in our financial reporting year in 2020, years prior to 2021 are the 12 month period ending 31 July.
This report has been internally verified in accordance with Nufarm'sStatement on verifying unaudited periodic corporate reports.
For further information, please contact, Nufarm Ltd, 103-105 Pipe Rd, Laverton North, VIC 3026, Australia. Phone +61 3 9282 1000
Nufarm Limited | Sustainability Review 2021 | 3 |
2. Our business | 3. Supporting | 4. Health, safety and | 5. Reducing our | 6. Empowering | 7. Conducting our | ||||||||
sustainable agriculture | wellbeing | environmental footprint | our people | business with integrity | |||||||||
1
Our year at a glance
Nufarm Limited | Sustainability Review 2021 | 4 |
2. Our business | 3. Supporting | 4. Health, safety and | 5. Reducing our | 6. Empowering | 7. Conducting our | ||||||||
sustainable agriculture | wellbeing | environmental footprint | our people | business with integrity | |||||||||
Our purpose, to help our customers grow a better tomorrow, reflects our ambition to deliver a more sustainable future that benefits our customers, communities and the environment, with products that support sustainable agriculture. This year we advanced our sustainability ambitions with the adoption of sustainability targets to lower our environmental impact and to increase gender diversity in our workplaces.
Our business
Crop protection and seed products sold in almost
100 countries.
$3.22 million revenue.
12 crop protection manufacturing sites.
5 seed research and development facilities and 3 seed innovation centres.
2,678 employees.
Over 100 years' experience in crop protection.
Our sustainability performance
0.91 Lost time injury frequency rate1, up from 0.61 last year.
>29.5% of our crop protection products are fully or partially sustainable, or enable sustainable agriculture.
Friend of the Sea certification for Aquaterra® and Nutriterra®.
85,637 tonne of scope 1 and 2 greenhouse gas emissions. Down 6% since last year.
Supplier corporate social responsibility assessments completed for 64% of spend on materials. Up 16% since last year.
26% women, up 1% since last year.
Our sustainability targets
30% reduction in scope
1 and 2 greenhouse gas emissions by 20302
20% reduction in hazardous waste by 20252
25% reduction in volatile organic compound emissions to air by 20252
ISO14001 certification at all manufacturing sites by 20253
No less than 35% of either gender by 2025
1. Rolling 12 month average, per million hours worked. 2. Measured from our 2020 baseline from our manufacturing sites. 3. Crop protection manufacturing sites, excluding our small formulation site in Egypt. | Nufarm Limited | Sustainability Review 2021 | 5 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Nufarm Ltd. published this content on 15 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 08:58:11 UTC.
