Nutrien Releases 2023 Global Sustainability Report

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 N 2 O 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 CO 2 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.

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

News Provided by Business Wire via QuoteMedia

NTR:CA,NTR
The Conversation (0)

Nutrien to Highlight Strategic Priorities and 2026 Targets at Investor Day

Nutrien Ltd. (TSX and NYSE: NTR) today is hosting an Investor Day at the New York Stock Exchange beginning at 10:00 a.m. EDT. At the event, management will detail plans to fortify its leadership position across the ag value chain and position the Company to deliver long-term growth.

"Nutrien operates the most extensive crop inputs and services ecosystem with low-cost upstream production assets, global supply chain capabilities, and the leading downstream retail channel to the farmer. Our differentiated business model is centred on our ability to efficiently produce and distribute the products and services needed in key agriculture markets around the world," commented Ken Seitz, Nutrien's President and CEO.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Announces Results of 2024 Annual Meeting

Nutrien Ltd. (TSX and NYSE: NTR) announced today the results of its annual meeting of shareholders held on May 8, 2024 (the " Meeting "). A total of 369,251,444 common shares, representing 74.66% of common shares outstanding, were represented at the Meeting.

Results of the matters voted on at the Meeting are set out below.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Declares Quarterly Dividend of US$0.54 per Share

Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.54 per share payable on July 19, 2024, to shareholders of record on June 28, 2024.

Registered shareholders who are residents of Canada as reflected in Nutrien's shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the Bank of Canada daily average exchange rate on June 28, 2024. Registered shareholders resident outside of Canada as reflected in Nutrien's shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in US dollars. However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable. In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Reports First Quarter 2024 Results

  • First quarter results supported by strong grower demand for crop inputs, increased potash shipments to key global markets, higher fertilizer operating rates and lower costs.
  • Maintaining full-year 2024 Retail adjusted EBITDA and fertilizer sales volume guidance ranges.

All amounts are in US dollars except as otherwise noted

Nutrien Ltd. (TSX and NYSE: NTR) announced today its first quarter 2024 results, with net earnings of $165 million ($0.32 diluted net earnings per share). First quarter 2024 adjusted EBITDA 1 was $1.1 billion and adjusted net earnings per share 1 was $0.46.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Announces Release Dates for First Quarter 2024 Results and Conference Call

Nutrien Ltd. (TSX and NYSE: NTR) announced today plans to release first quarter 2024 results on Wednesday, May 8, 2024, after market close. Nutrien will host a conference call the following day, Thursday, May 9, 2024 at 10:00 a.m. EDT to discuss and answer investor questions on first quarter results and the outlook.

Investors can access the call by dialing 1-646-307-1865 or 1-800-717-1738. A webcast of the call can be accessed by visiting Nutrien's website at www.nutrien.com/investors/events .

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Hands holding coins with a sprout growing out of them.

How to Invest in Phosphate (Updated 2024)

Discovering ways to invest in phosphate begins with understanding its primary uses.

Notably, about 90 percent of phosphate is consumed by the agriculture sector. Because of its essential properties, and since there is no known substitute for it, phosphate can be found in fertilizer products all over the world as a way to aid plant growth. It is also used as a supplement in animal feed, as a food preservative and for several other chemical purposes.

As the world's population grows and demand for food increases, the need for phosphate fertilizer is only expected to increase. For that reason, some believe phosphate investing is compelling. Read on for a brief overview of the phosphate market, including supply and demand dynamics and investing options.

Keep reading...Show less

Latest Press Releases

Related News

×