Nutrien Ltd.

10/01/2024 | Press release | Distributed by Public on 10/01/2024 15:48

Why agri-food companies are assessing nature

Nutrien and nature - what's our impact? We are exploring and assessing our impact related to nature as part of a case study for the "SUSTAIN project" - aka Strengthening Understanding and Strategies of Business to Assess and Integrate Nature, which aims to provide businesses, financial institutions, and regulatory bodies with the knowledge and resources to better understand, assess, and monitor the dependencies and impacts on nature from activities across different sectors of the economy.

Through the lens of the "Actions on Nature to Assess, Commit, Transform and Disclose" (ACT-D) framework, we aim to:

  • Deepen our understanding of nature: The nature assessment will help us better understand dependencies and impacts on biodiversity and water specifically as pre-established material sustainability topics.
  • Explore nature as part of our business: We aim to understand how a nature assessment can support and amplify current and future initiatives related to nature as part of each manufacturing business units' operational needs and match those to appropriate internal and external considerations. Central to our vision is efficiently serving the needs of our grower customers.

Given the evolving nature of sustainability practices, we are continuously reviewing and updating our strategy in line with emerging industry standards, regulatory changes, and evolving best practices.

Learn more here