Product risk rating profiles: In 2022, we compiled hazard classification values for our wholesale NPK (fertilizer) products and reviewed a number of best practices to identify information categories that will form the basis for our product risk profiles. To further explore nutrient circularity, in 2022, Nutrien became a member of the Sustainable Phosphorus Alliance (“SPA”), an organization whose mandate is to be North America’s central forum and advocate for the sustainable use, recovery and recycling of phosphorus in the food system. We promote the 4R Nutrient Stewardship (“4Rs”) program (Right Source of plant nutrients at the Right Rate, Right Time and Right Place), which makes a positive contribution to product effectiveness, reducing losses to the environment, and keeping nutrients in the soil for crops to grow.
Within the nutrient lifecycle, the largest risk of losses occurs when nutrients are applied to fields.
Nutrien determines product suitability using scientific evidence, effectiveness, regulatory guidance and sustainability impact.Ĭircularity: We specifically aim to foster circularity in the nutrient lifecycle from production to harvest, which is where we have the largest influence. “As the global leader in oilseed processing, we are positioned to leverage alliances with innovative industry players to unlock value along the value chain – from farmers to consumers – and help make our food systems more sustainable”, commented Julio Garros, Bunge’s Co-President, Agribusiness.Our product stewardship approach seeks to address product safety, environmental and social areas of concern over the entire lifecycle of each product. Nutrien Ag Solutions plans to provide crop consulting services, custom applications of fertility and/or chemistry, analytical testing of soil, water & tissue, traceability, and data collection via its proprietary platform Agrible – which uses predictive agronomic forecasts and sustainability metrics.īunge plans to contract with these farmers and manage harvest and post-harvest commercialization “Through this new Alliance, we will increase the implementation of sustainable practices that impact soil health and nutrient use efficiency to bring new revenue opportunities to the field.” “The implementation of sustainable farming practices that bring additional value to growers for lower carbon products requires a strong and established ally that shares our values,” said Matt Marshall, Nutrien Ag Solutions Vice President, Sustainable Ag and Retail Strategy. The program is targeting the 2023/2024 crop season and is expected to include practices such as cover crops, reduced tillage, nutrient management and responsible pesticide use. The initial program will focus on soybeans grown in the regions close to Bunge’s crushing facilities in Council Bluffs, Iowa, and Decatur, Indiana, with the opportunity for future expansion to other locations and crops such as corn and wheat. “Our focus is on continuing to invest in our business to support low-carbon initiatives including the implementation of regenerative agriculture best practices to improve soil health, capture carbon and increase biodiversity to minimize emissions.” Focus on soybean growers and create value for participants across all our value chains,” commented Fernando Candia, Bunge’s Vice President of Carbon Solutions. “We are pleased to create this new alliance with Nutrien Ag Solutions, which will further strengthen Bunge’s connection with farmers in the U.S.
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