Nufarm
Nufarm is an agricultural chemical company specialised in the development of herbicides, insecticides and fungicides. The company also develops its own seeds, for sunflower, sorghum and canola, as well as seed treatments. Nufarm has been operational for over 100 years and today has manufacturing and marketing operations in New Zealand, Asia, Europe and North America, in addition to its home market of Australia.
Segment ranking summary
Active in the agricultural inputs segment, Nufarm performs below average compared to its peers. In environment, the company has an average performance on scope 1 and 2 GHG emission reduction but it lags behind its peers in the sector on scope 3 GHG emission reduction and water use reduction. As an agrochemical company, Nufarm could strengthen its commitments on fertilizer and pesticide use optimisation and on maintaining soil health by disclosing targets on the topics. In nutrition, the company ranks at the bottom of the pack. In social inclusion, the company displays average performance compared to its peers. While Nufarm demonstrates to commit to human rights and to have a grievance mechanism in place for its workers, it fails to protect its workers’ labour rights such as forced labour and living wage. Furthermore, the company is among the few weakest performers in the sector on farmers’ resilience.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
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More about the company
- Headquarters
- Melbourne, Australia
- Food and agriculture revenue USD
- 2,591,724,200
- Group revenue USD
- 2,591,724,200
- Onwnership structure
- Publicly listed
- Number of employees
- 3,400
- Website
- https://www.nufarm.com
