Nutrien Announces First Quarter 2022 Results Release and Conference Call Dates
Mark Thompson, Executive Vice President, Chief Strategy and Sustainability Officer, said, “In 2021, we accelerated our efforts to help meet global food security needs and sustainably feed a growing global population, by to strengthen the long-term viability of Nutrien and Our 2022 ESG Report demonstrates the significant efforts we are making across the company to play a leading role in building the resilience of our global food system and making advancing the pathways needed to support a sustainable future for agriculture and our planet.
Highlights from the 2022 ESG report include:
- Continued improvement in overall ESG research ratings, making Nutrien one of the top performers in the industry, including a #1 ranking by Vigeo Eiris/Moody’s ESG Solutions in the Chemicals North America sector.
- Approved investments of US$50 million for Scope 1 emission reduction projects that are expected to reduce CO emissions 2 equivalent emissions of 1 million tons by the end of 2023.
- Record Total Recordable Injury Frequency performance in accordance with Nutrien’s Safety Core Value.
- Intensity decreases across Scope 1 and 2 total emissions, energy and freshwater consumption metrics.
- Strong grower interest in Nutrien’s carbon program, resulting in approximately 225,000 pilot acres activated across North America in 2021.
- Signed collaborative agreements to advance the development of low and zero carbon ammonia, including an ammonia-fueled low-carbon vessel and a green ammonia pilot plant.
- Has taught over a million young people about sustainable agriculture through Nutrien’s sponsorship of educational programs.
- Partnered with Radicle Growth for an inclusion challenge to support Black, Indigenous and Color (BIPOC) women and agri-tech entrepreneurs (details below).
Nutrien is committed to respecting good ESG reporting practices. For its 2022 ESG report, Nutrien has incorporated certain recommendations from the Task Force on Climate-Related Financial Disclosures which provide valuable information on its climate impact and its long-term resilience. Nutrien’s ESG report also draws on best practices from the World Business Council for Sustainable Development’s ESG Disclosure Handbook and the Sustainability Accounting Standards Board’s metrics.
To view Nutrien’s 2022 ESG report, click on here .
Radicle Inclusion Challenge presented by Nutrien
Nutrien also today announced details of a first industry inclusion challenge aimed at bringing investment and awareness to groups that have historically been underrepresented in agriculture, including women and entrepreneurs. BIPOC faced when getting start-up capital. Hosted in partnership with Radicle Growth, an early-stage agriculture and food technology business-building platform, the effort will focus on catalyzing action within the agri-tech sector to increase the level of support provided to these historically underrepresented groups.
The Radicle Inclusion Challenge presented by Nutrien will reward two organizations committed to the advancement of women or BIPOC in the field of agricultural startups with an investment of 250,000 USD. Winners will represent the top two agri-tech ideas or companies, selected by a panel of industry experts and Nutrien leaders at a one-day pitch event this fall. In addition to monetary investment and mentorship opportunities from Nutrien experts, winning organizations will gain access to Radicle’s unique platform that provides operational services and other valuable strategic partnerships for entrepreneurs looking to take their ideas at the next level.
Candace Laing, Vice President, Sustainability and Stakeholder Relations, said, “The goal of this challenge is to provide equal opportunity to agri-tech startups that were previously underrepresented, which led to difficulties in attracting capital, mentorship and resources. they must succeed. This is a clear demonstration of Nutrien’s commitment to increasing the participation of historically underrepresented groups in agriculture. Our hope is that we can start a movement that will shine a light on the important work that has hitherto gone unsupported.
Kirk Haney, Managing Partner at Radicle Growth, said, “We are excited about this first-of-its-kind initiative in the agri-tech industry and are delighted that Nutrien has stepped up to lead it alongside us. Radicle Growth has seen firsthand the challenges faced by women entrepreneurs and BIPOC entrepreneurs, and we hope this effort will play a role in leveling the playing field, providing opportunities that many of these organizations may not have. -be otherwise not had. »
Interested organizations can learn more and sign up for updates here .
Certain statements and other information included in this press release constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) under applicable securities laws. These statements include, but are not limited to: Nutrien’s sustainability, climate change and ESG plans, initiatives and strategies, as well as Nutrien’s ESG commitments and objectives with respect to ESG and its expectations for their achievement. The forward-looking statements contained in this press release are based on certain key expectations and assumptions made by Nutrien, many of which are beyond our control. Although Nutrien believes that the expectations and assumptions on which these forward-looking statements are based are reasonable, undue reliance should not be placed on forward-looking statements as Nutrien cannot guarantee that they will prove to be accurate. Forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from the anticipated results or expectations expressed in this press release.
For more information on the assumptions used and the risks and uncertainties that could cause actual results to differ from anticipated results, refer to the 2022 ESG report, Feeding the Future Plan, as well as the 2021 annual report dated 17 February 2022 and Annual Information Form dated February 17, 2022 for the fiscal year ended December 31, 2021, filed under Nutrien’s profile on SEDAR at www.sedar.com and with the United States Securities and Exchange Commission at www.sec.gov.
The forward-looking statements contained in this press release are made as of the date hereof, and Nutrien disclaims any intention or obligation to update or revise any forward-looking statements contained in this press release, except as may be required under the applicable Canadian securities law or applicable United States law. federal securities laws.
Nutrien is the world’s largest supplier of agricultural inputs and services, playing a vital role in helping producers increase their food production in a sustainable way. We produce and distribute approximately 27 million tonnes of potash, nitrogen and phosphate products worldwide. With this capability and our primary agricultural retail network, we are well positioned to meet the needs of our customers. We operate with a long-term vision and are committed to working with our stakeholders to meet our economic, environmental and social priorities. The breadth and diversity of our integrated portfolio provides a stable revenue base, multiple avenues for growth and the ability to return capital to shareholders.
About root growth
Radicle Growth selects innovative and early-stage companies for investment, ensuring disruptive companies in agriculture and food technology reach their full potential. In addition to providing seed capital, Radicle Growth provides a fertile environment for visionaries in the agriculture and food space to flourish. Their proprietary platform is one of a kind in the agriculture and food industry, filling a huge void in the market by identifying the most innovative technologies and accelerating them with a range of value creation initiatives. To connect and learn more about Radicle Growth, follow us on LinkedIn, Twitter and Instagram.
Vice President, Investor Relations
Vice President, Brand and Culture Communications
Contact us at: www.nutrien.com