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
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
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
- Not disclosed
- Not disclosed
- 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
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
- Not disclosed
- 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
- 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
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
- Not disclosed
- Achieve ISO14001 certification at all twelve manufacturing sites by 2023.
- 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
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
- Not disclosed
- Not disclosed
- 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
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
- Not disclosed
- Reduce scope 1 and 2 greenhouse gas emissions by 30% by 2030
- 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
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
- 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
- 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
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
- Not disclosed
- 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
- 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