Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Environmental management
• Social responsibility
• Corporate governance
• Sustainable agriculture
• Product stewardship
• Employee engagement and wellbeing
• Health and Safety

Environmental Achievements

• Delivered the world’s first global shipment of low-carbon urea
• Delivered additional shipments of low-carbon ammonia
• Achieved 8,717,087 safe man-hours of operation without any lost time injuries (LTIs)
• Global EHSS incident rate surpassed the internal strategic target
• 20% reduction in Scope 1 & 2 emissions by 2030 target

Social Achievements

• Strengthened presence in African markets through acquisition of 49% of ETG Inputs Holdco Limited (EIHL)
• Sponsored multiple global forums and conferences
• Conducted field demonstration trials for differentiated products
• Continued to support the farming community through various initiatives

Governance Achievements

• Implemented a robust integrated risk management system
• Achieved ISO 31000:2018 certification for operational risk management
• Maintained an open line of communication with shareholders and investors
• Published sustainability reports in line with local and global best practices

Climate Goals & Targets

Environmental Challenges

• Global decline in fertilizer prices (almost 40%) hampered topline and bottomline performance
• Global food security concerns
• Climate change impacts (wildfires, floods, cyclones)
• Geopolitical tensions and conflicts
• Intense competition in the agri-nutrients market
• Risks related to technology licenses and intellectual property
• Risks from defective products
• Sectorial risks (supply and demand fluctuations)
• Risks associated with Information Technology (IT)
• Risks from disputes and litigation
• Challenges in hiring and retaining personnel
• National and regional regulations
• International legislation and trade controls
• Political instability

Mitigation Strategies

• Successfully completed scheduled turnarounds safely and ahead of schedule
• Developed a comprehensive plan for growth prospects, emphasizing emissions reduction and long-term sustainability
• Maintained a strong capital base
• Refined competitive advantage, developed group-wide synergies, and improved efficiencies
• Strengthened distribution network through strategic partnerships
• Developed agri-advisory services
• Pioneered low-carbon hydrogen/ammonia business
• Implemented a robust integrated risk management system
• Achieved ISO 31000:2018 certification for operational risk management
• Maintained an open line of communication with shareholders and investors
• Published sustainability reports in line with local and global best practices
• Continuous horizon-scanning and analyses to assess market changes
• Continuous assessment of product and service portfolio
• Group-wide cybersecurity standards and practices
• Comprehensive compliance and ethics program
• Robust corporate governance framework
• Industry-leading HRM practices
• Defined carbon reduction roadmap
• Development of more sustainable differentiated products

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Floods
• Wildfires
• Cyclones

Transition Risks

• Regulatory changes
• Market shifts
• Increased tariffs on Greenhouse Gas (GHG) emissions

Opportunities

• Development of low-carbon products
• Growth in low-carbon ammonia market

Sustainable Products & Innovation

• Low-carbon urea
• Low-carbon ammonia
• Zinc Coated Urea
• Stabilized Urea
• Bio-Enhanced Urea
• Multi-nutrient foliar fertilizer

Awards & Recognition

• Edison Award 2023 (Gold - Food and Agriculture Advancements ‘Soil & Crop’ category)
• Edison Award 2023 (Bronze - ‘Food and Agriculture Advancements’ category)
• 3rd place of Operation Excellence Awards At SABIC globally