Climate Change Data

Nufarm Limited (ABN 37 091 323 312)

Climate Impact & Sustainability Data (2012, 2017, 2018, 2019, 2020, 2021, 2022-10 to 2023-09, 2023-10 to 2024-09)

Reporting Period: 2012

Environmental Metrics

Total Carbon Emissions:261,778 tCO2e (2012)

ESG Focus Areas

  • Health and Safety
  • Environmental Performance
  • Employee Engagement
  • Community Engagement
  • Procurement
  • Governance

Environmental Achievements

  • Received ISO 14001 certification at the France plant in November 2012
  • Implemented energy conservation activities at Kwinana, resulting in A$120,000 savings
  • Steam saving of 32.5 tonnes per week at Wyke through improved distillation column operation
  • More than 80% reduction in plastic used per litre with QuikPour recyclable packaging
  • Successful dust filtering equipment at Otahuhu, resulting in undetectable emissions
  • Water recycling program in Canada reducing municipal water usage
  • Implemented initiative to recycle wooden pallets at Laverton, generating A$10,000 revenue

Social Achievements

  • 27% improvement in Lost Time Injury Frequency Rate (LTIFR)
  • 40% improvement in Medical Treatment Injury Frequency Rate (MTIFR)
  • 46% improvement in severity rate
  • Improved employee satisfaction compared to 2010 survey
  • Established two global awards: innovation and sales
  • Introduced a diversity policy in 2012
  • Various community engagement activities across global operations (detailed in report)

Governance Achievements

  • Established a health, safety and environment committee in 2012
  • Implemented a diversity policy in 2012
  • Appointed a general manager global risk and assurance to enhance enterprise risk management
  • Engaged external consultants to review risk profile and inventory
  • Developed a global procurement policy with focus on sustainability and corporate social responsibility

Climate Goals & Targets

Environmental Challenges

  • Did not meet board targets for continuous improvement in some health and safety areas
  • Increased greenhouse gas emissions due to increased production and changes in product mix
  • Compliance issues at Laverton site related to bunding and groundwater contamination
  • Increased total waste in 2012, particularly salt waste due to increased phenoxy herbicide production
Mitigation Strategies
  • Ongoing efforts to improve safe working conditions and ensure policy adherence
  • Investigation of more efficient chlorine technology for energy savings at Laverton
  • Boiler control room upgrade at Laverton expected to yield >2% gas savings
  • Addressing compliance issues at Laverton
  • Programs to minimize waste generation and maximize recycling/reuse
  • Program to dispose of plant washings and wastes from redundant product lines

Supply Chain Management

Responsible Procurement
  • Global procurement policy with focus on health, safety, environment, sustainability, and corporate governance

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Responsible Care®

Certifications: ISO 14001 (Wyke, UK; France plant)

Sustainable Products & Innovation

  • QuikPour packaging
  • Sorbie technology
  • Wholis™ sorghum
  • Omega-3 canola (anticipated commercial production in 2018)

Awards & Recognition

  • Two medals at the Packaging Council of Australia’s Australian Packaging Design Awards for QuikPour
  • Best Packaging Innovation at the international Agrow Awards for QuikPour
  • 2012 Technology Innovation CITA Award at the Exposición Rural 2012, Argentina for QuikPour

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:101,433 tCO2e
Scope 1 Emissions:23,568 tCO2e
Scope 2 Emissions:77,865 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,006,710 GJ
Water Consumption:5,571 ML
Waste Generated:16,173 tons
Carbon Intensity:0.225 tCO2e/tonne or m3 of production

ESG Focus Areas

  • Safety
  • Environment
  • Our People
  • Ethical Sourcing
  • Product Stewardship
  • Community Responsibilities

Environmental Achievements

  • Greenhouse gas emissions were two percent lower than 2016, with a corresponding reduction of seven percent in greenhouse gas intensity.
  • ISO14001 certification maintained at Wyke, UK, and Gaillon, France sites.
  • Solvent extraction plant built at Wyke, UK, significantly reducing chemical oxygen demand of effluent.
  • Process to clean empty containers at Gaillon, France, diverting 28 tonnes of waste from incineration to recycling.
  • Over 500 tonnes of waste eliminated at Alsip, North America compared to last year.

Social Achievements

  • Launched two biorational products globally with several more in regulatory approval.
  • Provided work experience for 75 graduates or apprentices and employed nine of them permanently.
  • Revised diversity and inclusion policy to reflect contemporary best practice.
  • Implemented Grow Plan Succeed (GPS) performance management system.
  • Supplier corporate social responsibility (CSR) assessment process launched using EcoVadis, assessing 23% of raw material suppliers.

Governance Achievements

  • Developed a human rights policy and supplier code of conduct.
  • Completed process safety management (PSM) analysis of crop protection production facilities.
  • Corporate HSE procedures revised to align with new corporate HSE standard.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Implement CSR assessment as part of new supplier evaluation process.
  • Commence development of a community engagement strategy and framework.
  • Implementation of process safety management program across manufacturing facilities.
  • ISO14001 implementation at Linz, Austria, and Pipe Road, Australia.

Environmental Challenges

  • Injury rates in Australia and New Zealand and North America below expectation.
  • Several suppliers failed to provide documentation to support their compliance with globally acceptable practices.
  • Four non-compliances with environmental regulations.
  • Five noise and odour complaints from neighbours.
  • Leaking underground effluent pipe at Linz, Austria, releasing wastewater into the soil.
Mitigation Strategies
  • Additional resources directed to Australia/New Zealand and North America to address underlying hazards.
  • CSR assessments will be repeated annually and included in new supplier evaluation process.
  • Promptly responded to environmental non-compliances and worked with regulators to close outstanding issues.
  • Processes in place to quickly respond and rectify concerns raised by neighbours.
  • Soil remediation and leak detection equipment installed at Linz, Austria.

Supply Chain Management

Supplier Audits: 23% of suppliers assessed using EcoVadis

Responsible Procurement
  • Global supplier code of conduct
  • Supplier CSR assessments
  • Supply chain risk management policy
  • Implementation of Ariba procurement system

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather conditions
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products
  • Development of drought and salt-resistant seeds

Reporting Standards

Frameworks Used: GRI

Certifications: ISO14001 (Wyke, UK; Gaillon, France)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

  • Biorational products
  • Omega-3 canola

Awards & Recognition

  • National zero accident award (Merak, Indonesia)
  • Five years without LTI (Chicago Heights, North America)
  • More than four years without LTI (Raymond Road, Australia)
  • Chemical Industries Association’s Company of the Year award (Wyke, UK)
  • Eco-friendly company award (Merak, Indonesia)
  • Empresas Mais – Brazil award (Maracanaú, Brazil)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:105,830 tCO2e/year
Scope 1 Emissions:22,131 tCO2e/year
Scope 2 Emissions:83,700 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:1,084,195 GJ/year
Water Consumption:5,345 ML/year
Waste Generated:18,489 tons/year
Carbon Intensity:0.216 tCO2e/tonne or M3 of production

ESG Focus Areas

  • Safety
  • Environment
  • Our People
  • Ethical Sourcing
  • Product Stewardship
  • Community Responsibilities

Environmental Achievements

  • Reduction in water withdrawal by 226 ML
  • Energy intensity decreased by 3%
  • Greenhouse gas emission intensity fell by 11%
  • Reduction in HAPs with expectation to eliminate over 90% of Nufarm’s total HAPs in a full year due to incinerator installation
  • Installation of an activated carbon scrubber in Merak, Indonesia to reduce VOC emissions
  • Installation of a solvent extraction plant at Wyke, UK, reducing raw material and process water consumption and eliminating 420 tonnes of chemical oxygen demand (COD) from effluent
  • Installation of carbon filters at Linz, Austria, reducing absorbable organic halides (AOX) and solvent components in effluent by over 90%

Social Achievements

  • Lowest ever lost time injury frequency rate (LTIFR) of 0.37
  • Successful global implementation of a new performance management system; Grow Plan Succeed (GPS)
  • Hosted an inclusion and diversity conference in Australia and launched a global inclusion and diversity steering committee
  • Completed modern slavery risk assessments of all operations and found them to be low risk
  • Increased supplier corporate social responsibility (CSR) assessments from 23% to 37% of key suppliers

Governance Achievements

  • Implemented a process safety management (PSM) program across manufacturing facilities
  • Implemented supply chain risk assessment policy
  • Introduced nine new employee behaviours to guide team activities
  • Launched an education program to embed new behaviours across the business

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Establishing long-term environmental footprint reduction targets
  • Implementing CSR assessment as part of new supplier evaluation process
  • Implementing a global sustainability awareness and training program for non-manufacturing employees
  • Reducing the environmental footprint of products
  • Optimising product portfolio
Short-term Goals:
  • Embed PSM initiatives
  • Commence safety and sustainability leadership development program
  • Continue CSR assessments of suppliers, increasing coverage
  • Implement corrective action plans for suppliers with low CSR scores
  • Begin execution of global three-year Inclusion and Diversity plan
  • Extend Inclusion and Diversity governance framework
  • Commence modern slavery awareness training
  • Progress implementation of environmental gap closure plans
  • Obtain ISO14001 certification for Linz, Austria
  • Commence ISO14001 implementation at Port Klang, Malaysia and Pipe Road, Australia
  • Deliver projects initiated in 2018 and continue with packaging sustainability projects
  • Commence development of a community strategy and framework
  • Conduct an investor ESG risk and priority assessment

Environmental Challenges

  • Potential loss of containment at manufacturing sites
  • Regulatory restrictions on active ingredients (e.g., glyphosate)
  • Perceived regulatory risk for Aquaterra™ omega-3 canola
  • Integration of FMC and Century portfolios
  • Adverse weather conditions
  • Pest resistance
  • Managing the environmental impact of packaging and obsolete stock
  • Waste management
  • Legacy soil and groundwater contamination at some sites
  • Odour complaints from neighbours
Mitigation Strategies
  • Global process safety management (PSM) program
  • Rapid response to Europe’s regulatory composition changes for glyphosate
  • Aquaterra™ approved by OGTR, FSANZ, and FDA
  • Experience in integrating large acquisitions
  • Geographically diverse footprint
  • Focus on integrated pest management, including research and grower education tools (CATS, Weed Logic, WeedSmart)
  • Projects to minimise packaging impact, increase recycling content, and rationalise SKUs
  • Remediation activities and studies to identify potential legacy contamination
  • Upgrading and replacing emission control systems to address odour complaints
  • Improved spill containment and clean-up procedures

Supply Chain Management

Supplier Audits: 37% of key suppliers assessed in 2018

Responsible Procurement
  • Global supplier code of conduct
  • Human rights policy
  • Implementation of Ariba and RiskMethods systems
  • EcoVadis CSR assessments
  • Minimum standard for supplier CSR performance
  • REACH compliance in Europe

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather conditions
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Wyke, Gaillon, Merak)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Aquaterra™ omega-3 canola
  • Monola® canola
  • Biological fungicides (Botector®, Blossom Protect™)

Awards & Recognition

  • Not disclosed

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:94,013 tCO2e/year
Scope 1 Emissions:21,183 tCO2e/year
Scope 2 Emissions:72,830 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:1,071,539 MWh/year (GJ converted)
Water Consumption:4,972 ML/year
Waste Generated:25,853 tons/year
Carbon Intensity:0.235 tonnes CO2e/tonne or m3 of production

ESG Focus Areas

  • Safety
  • Environment
  • People
  • Product stewardship and ethical sourcing
  • Governance and ethical conduct

Environmental Achievements

  • Reductions in water consumption, wastewater discharge, and air emissions since 2016
  • Two additional manufacturing sites obtained ISO14001 certification, bringing the total to five.

Social Achievements

  • Commenced execution of a three-year inclusion and diversity plan
  • Established regional councils to support increasing female participation in the workforce.

Governance Achievements

  • Completed a preliminary materiality assessment in 2017 to identify relevant sustainability topics.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve ISO14001 certification at all twelve manufacturing sites by 2023.
Short-term Goals:
  • Lock in PSM gains; establish linked HSE lead team structure; pilot safety leadership training program; deploy safety visibility initiatives.

Environmental Challenges

  • Deterioration in Serious Injury Frequency Rate in 2019 after a long period of improvement.
  • Increased severity of injuries, with one incident causing permanent disability.
  • Increase in hazardous waste in the US due to changing regulations.
Mitigation Strategies
  • Implemented stop work initiatives and safety leadership programs to improve safety performance.
  • Addressed the causes for the deterioration in safety performance.
  • Regulatory approval received to reuse some vessel wash waters on-site in the US to reduce hazardous waste.

Supply Chain Management

Supplier Audits: 49% of total spend across 117 suppliers completed CSR assessments.

Responsible Procurement
  • Global supplier code of conduct; EcoVadis CSR assessments.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Standard, 2018

Certifications: ISO 14001 (five manufacturing sites)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products with increased concentrations; prioritization of solvents with lowest ecological profile; development of spraying technologies; products with improved compatibility.

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved best ever safety performance in 2020

Social Achievements

  • Not disclosed

Governance Achievements

  • Board renewal commenced; new Chairman appointed; succession planning for Board underway.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Improve volumes, margins, cash generation, and return on assets; reduce cost base by $20-$25 million by end of FY2022; improve net working capital to sales metric to less than 40%.

Environmental Challenges

  • Statutory net profit loss of $456 million; lower earnings in Europe and reduced first-half earnings in North America; poor seasonal conditions in Europe; high raw material costs; increased logistics costs; increased competition; impairment to the carrying value of European asset base.
Mitigation Strategies
  • Actions to improve volumes, margins, cash generation, and return on assets; ceasing manufacture of 2,4-D herbicide in Austria and insecticide/fungicide manufacturing in Australia (expected $15 million annual benefit); new formulation facility in Mississippi; investment to improve phenoxies facility in the UK; cost base reduction target of $20-$25 million by end of FY2022; focus on improving net working capital; improved seasonal conditions and better supply and pricing of products in Europe; investment in Nuseed business (omega-3 canola oil and Carinata).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Omega-3 canola oil; Carinata seed.

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:85,637 tCO2e/year

ESG Focus Areas

  • Supporting sustainable agriculture
  • Reducing environmental footprint
  • Empowering our people
  • Conducting our business with integrity
  • Health, safety and wellbeing
  • Climate Change

Environmental Achievements

  • 30% reduction in scope 1 and 2 greenhouse gas emissions by 2030
  • 20% reduction in hazardous waste by 2025
  • 25% reduction in volatile organic compound emissions to air by 2025
  • ISO14001 certification at all manufacturing sites by 2025
  • Scope 1 and 2 greenhouse gas emissions down 6% since last year (85,637 tonnes)

Social Achievements

  • Launched NuBio brand in Europe for biological crop protection
  • Established a new gender diversity target of no less than 35% of either gender by 2025
  • Increased percentage of women in workforce to 26% (up 1% since last year)
  • 56% of appointments to executive and senior management positions were women in 2021
  • 30% of all new hires were women in 2021
  • Held Nufarm’s first global Mental Health Awareness week

Governance Achievements

  • Established a Climate Change Policy
  • Reviewed Board Charter and Committee structure, formalizing the Board’s Risk and Compliance Committee’s role in overseeing ESG matters
  • Reviewed Human Rights Policy
  • Relaunched Code of Conduct
  • Adopted Anti-Bribery and Anti-Corruption Policy

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce scope 1 and 2 greenhouse gas emissions by 30% by 2030
Short-term Goals:
  • Reduce hazardous waste by 20% by 2025
  • Reduce volatile organic compound emissions to air by 25% by 2025
  • Achieve ISO14001 certification at all manufacturing sites by 2025
  • Achieve gender diversity target of no less than 35% of either gender by 2025

Environmental Challenges

  • Deterioration in company-wide safety performance
  • Covid-19 fatigue contributing to increase in Lost Time Injury Frequency Rate (LTIFR)
  • Covid-19 related disruptions
  • Labor shortages due to border restrictions
  • Delays in getting equipment and inputs
  • Global logistics and freight challenges
Mitigation Strategies
  • Deployment of remote working policies
  • Provision of mental health support
  • Adoption of best practice virus transmission prevention protocols
  • Discussions with staff focusing on Covid-19 impacts
  • Provision of resources to assist in dealing with Covid-19 impacts
  • Continuous reinforcement of safe work practices
  • Implementation of robust safety frameworks
  • Use of local third party auditors due to travel restrictions

Supply Chain Management

Supplier Audits: 64% of spend on materials

Responsible Procurement
  • Global Supplier Code of Conduct
  • EcoVadis assessments

Climate-Related Risks & Opportunities

Physical Risks
  • Weather impacts
Transition Risks
  • Changing regulatory environment
Opportunities
  • Development of energy-efficient products
  • Expansion of Nuseed Carinata business

Reporting Standards

Frameworks Used: GRI

Certifications: ISO14001 (at some sites), Friend of the Sea (Aquaterra® and Nutriterra®)

UN Sustainable Development Goals

  • SDG 2: Zero Hunger
  • SDG 13: Climate Action
  • SDG 14: Life below water
  • SDG 15: Life on the Land

Crop protection products help growers get more from less, growing more food while limiting land clearing; Nuseed Carinata reduces emissions by replacing fossil fuels; Aquaterra® and Nutriterra® reduce pressure on marine resources

Sustainable Products & Innovation

  • NuBio biological crop protection products
  • Nuseed Carinata
  • Nuseed Omega-3 Canola
  • Aquaterra®
  • Nutriterra®
  • Dropzone® technology

Awards & Recognition

  • Two awards at Potato Europe’s Innovation Awards (NUCROP)

Reporting Period: 2022-10 to 2023-09

Environmental Metrics

Total Carbon Emissions:75,809 tCO2e/year
Scope 1 Emissions:38,049 tCO2e/year
Scope 2 Emissions:37,760 tCO2e/year
Total Energy Consumption:960,000 GJ/year
Water Consumption:2,912 ML/year
Waste Generated:22,455 tons/year
Carbon Intensity:0.261 tonne CO2e/tonne or m³ of production

ESG Focus Areas

  • Governance
  • Solutions
  • People
  • Planet

Environmental Achievements

  • 19% reduction in greenhouse gas emissions from FY20 baseline
  • 12% reduction in hazardous waste from FY20 baseline
  • 7% reduction in volatile organic compounds to air from FY20 baseline

Social Achievements

  • Increased number of women in senior leadership team by 4 percentage points to 35%
  • Employee satisfaction score of 78 (top quartile compared with other organisations)
  • Increased total proportion of women in Nufarm by 1 percentage point to 28%

Governance Achievements

  • Established the board sustainability and environment committee
  • Updated policies on continuous disclosure, risk management and inclusion and diversity
  • Expanded the responsibilities of our Group Executive Growth to include sustainability

Climate Goals & Targets

Medium-term Goals:
  • Achieve 30% reduction in scope 1 and 2 emissions from FY20 levels at manufacturing sites by 2030
  • Achieve 40:40:20 gender balance in senior leadership team by 2030
  • Obtain ISO 14001 certification at 10 of 11 manufacturing sites by 2025
Short-term Goals:
  • Reduce water consumption by 10% by 2025
  • Reduce hazardous waste by 20% by 2025
  • Reduce volatile organic compounds to air by 25% by 2025

Environmental Challenges

  • Increase in lost time injuries (LTIFR increased from 0.81 in FY22 to 1.46 in FY23)
  • £300,000 fine for a 2021 incident involving chlorine gas exposure at Wyke facility
  • US$8,500 fine at Chicago Heights facility for exceeding a license limit on domestic sewage discharge
Mitigation Strategies
  • Increased safety awareness and training effort in non-crop protection manufacturing business
  • Implemented corrective actions after Wyke incident (e.g., personalised gas meters, updated isolation procedures)
  • Upgrades to Chicago Heights boiler water treatment to correct sewage discharge issue

Supply Chain Management

Supplier Audits: 44% of total supplier spend in ethical sourcing program

Responsible Procurement
  • Global supplier code of conduct
  • Sustainable procurement policy
  • Modern slavery training for procurement team
  • Partnership with Ecovadis

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in product demand driven by climate unsuitability
  • Changes in product demand driven by acute physical events
  • Impacts on operations (including supply chain) driven by changes in climate and weather events
Transition Risks
  • Changes in product demand driven by changes in market, policy and regulation
  • Operational changes (fossil fuel and carbon footprint reduction/compliance)
  • Operational cost/cost of goods increase
Opportunities
  • Manufacturing and selling products that enable sustainable farming practices
  • Reduced operating costs, access to new suppliers and sources of finance, reduced climate-related impact on revenue

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 14001 (5 of 11 crop protection manufacturing sites)

Third-party Assurance: Bureau Veritas (limited assurance of greenhouse gas emissions and energy consumption)

UN Sustainable Development Goals

  • SDG 2: Zero Hunger
  • SDG 13: Climate Action
  • SDG 14: Life Below Water
  • SDG 15: Life On Land
  • SDG 5: Gender Equality
  • SDG 12: Responsible Consumption and Production

Contribution through agricultural solutions, sustainable operations, and targets aimed at reducing environmental footprint and fostering equality and inclusion

Sustainable Products & Innovation

  • Nuseed Omega-3 Canola
  • Nuseed Carinata
  • Energy cane
  • NUCROP hybrid electric crop protection technology
  • SEALICIT biological plant bio-stimulant

Awards & Recognition

  • Silver rating by Ecovadis
  • Friend of the Sea certification for Aquaterra and Nutriterra
  • Excellence Through Stewardship (ETS) accreditation

Reporting Period: 2023-10 to 2024-09

Environmental Metrics

Total Carbon Emissions:56,671 tCO2e/year
Scope 1 Emissions:38,043 tCO2e/year
Scope 2 Emissions:18,628 tCO2e/year
Total Energy Consumption:853,003 GJ/year
Water Consumption:2,655 ML/year
Waste Generated:23,000 tons/year
Carbon Intensity:0.209 tCO2e/tonne or m³ of production

ESG Focus Areas

  • Sustainable agricultural innovation
  • Decarbonisation and climate change adaptation
  • Employee and community safety, health and wellbeing
  • Compliance and regulatory environment
  • Product safety and stewardship

Environmental Achievements

  • 42% reduction in greenhouse gas emissions from FY20 baseline
  • 27% reduction in operational hazardous waste from FY20 baseline
  • 6 of 11 crop protection manufacturing sites achieved a lost time injury (LTI) free year

Social Achievements

  • Launched Women at Nufarm (WaN) Network in Europe
  • Recognised as one of the top 101 employers in Australia for women
  • Employee engagement score of 79 (top quartile)

Governance Achievements

  • Finalised board renewal program
  • No material fines received
  • No significant instances of non-compliance with applicable laws

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce scope 1 and 2 GHG emissions from crop protection manufacturing sites by 30% by FY30 from FY20 baseline
  • Reach a gender ratio of 40:40:20 in senior leadership team by FY30
Short-term Goals:
  • Reduce water consumption
  • Reduce operational hazardous waste by 20% by FY25 from FY20 baseline
  • Reduce VOC emissions by 25% by FY25 from FY20 baseline
  • Obtain ISO 14001 certification for 10 of 11 crop protection manufacturing sites by FY25

Environmental Challenges

  • Overall rate of injury remained on an upward trend (first six months of FY24)
  • Decrease in the number of women in senior leadership team
  • VOC emissions 48% higher than FY20 baseline due to increased production at Linz
Mitigation Strategies
  • Improved safety performance in the last six months of FY24
  • Strategy and actions to address gender gaps in specific functional areas
  • Implementing a regenerative thermal oxidation (RTO) plant at Linz in FY25 to reduce VOC emissions

Supply Chain Management

Supplier Audits: 23% of hazardous waste suppliers audited

Responsible Procurement
  • Global Supplier Code of Conduct
  • Ecovadis ESG assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in product demand due to climate unsuitability
  • Impacts on operations due to changes in climate and weather events
Transition Risks
  • Changes in product demand due to market, policy, and regulatory changes
  • Operational changes due to fossil fuel reduction/compliance
  • Increased operational costs due to supplier transition costs
Opportunities
  • Increased revenue from sustainable farming practices
  • Reduced operating costs from renewable energy and energy efficiency
  • Access to new suppliers and sources of finance

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2021, TCFD (progressing towards alignment)

Certifications: ISO 14001 (4 of 11 crop protection manufacturing sites)

Third-party Assurance: Bureau Veritas (limited assurance of greenhouse gas emissions and energy consumption)

UN Sustainable Development Goals

  • SDG 2: Zero Hunger
  • SDG 13: Climate Action
  • SDG 14: Life Below Water
  • SDG 15: Life On Land

Nufarm's products and solutions contribute to these goals through sustainable agricultural practices, emissions reduction, and biodiversity protection.

Sustainable Products & Innovation

  • Nuseed Omega-3 Canola
  • Nuseed Carinata
  • Energy cane
  • Biological crop protection solutions

Awards & Recognition

  • Ecovadis silver sustainability rating
  • Eureka Prize for Sustainability Research (Omega-3 Canola)
  • GOLD for Best Leadership Development program
  • GOLD for Best Competencies and Skill Development