Yara

Governance and accountability for sustainable development
The company provides evidence of linking performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues.

Lobbying and advocacy
The company states a list of trade associations of which it is a member. It could further disclose a full list for all jurisdictions in which it operates.

Stakeholder engagement
The company discloses how it engages with stakeholders, the issues raised during such activities, and the specific outcomes of its stakeholder engagement. Moreover, its stakeholder engagement activities cover nature, nutrition, and social areas.

Sustainable development strategy
The company discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy. Furthermore, it reports consistently against all its targets.

Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company discloses a time-bound target to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 30% by 2030, based on a 2019 baseline. It also reports progress against its scope 1 and 2 target. Additionally, the company is actively working to decrease its scope 3 GHG emissions.

Plastic use and packaging waste
The company demonstrates commitment and partakes in activities related to plastic use reduction and transitioning towards sustainable packaging. Also, it discloses quantitative data with regards to plastic use reduction and use of sustainable packaging.

Soil health and agrobiodiversity
The company describes activities to improve soil health and agrobiodiversity. For instance, it provides farmers with tools and services that enable a precise and balanced nutrient management, as well as soil health services, such as an industry Soil Health Score, to highlight sustainable outcomes.

Water withdrawal
The company actively demonstrates its commitment to reducing water withdrawal in its own operations. It also reports the amount of water it withdraws for its operations, particularly in water-stressed areas.

Workforce nutrition
The company has implemented a workplace breastfeeding support through parental leave policy of at least six months.

Farmer and fisher livelihoods
The company has implemented two initiatives – Grow Ghana and Sustain Africa – to support farmers by providing them with affordable fertilizers and ensuring access in areas with deficits. Additionally, it has launched Yara Africa & Asia, a framework that develops inclusive business models to empower farmers throughout the supply chain. In Tanzania, it has launched a digital platform, AfricaConnect, which is designed to increase the profitability of smallholder farmers by improving their access to financing options, such as loans for purchasing farm inputs, as well as providing them with valuable knowledge and access to markets.

Act ethically
The company discloses a public commitment to protect personal data. Also, it discloses a global tax strategy which is overseen by the CFO. Additionally, it has a policy prohibiting bribery and corruption along with a grievance mechanism for stakeholders to raise concerns and complaints regarding those topics. Also, it discloses that the related risks are identified through its enterprise risk management process. Lastly, the company discloses it does not make political contributions.

Provide and promote decent work
The company has a publicly available policy statement in which it commits to respecting the health and safety of workers in its operation and supply chain. It also discloses how it monitors the health and safety performance of its business relationships.

Additionally, it aims to establish living wage benchmarks and close gaps globally by 2025. The company has conducted a living wage analysis in 11 countries, defining benchmarks for these locations.

Moreover, it discloses the proportion of its direct workforce covered by collective bargaining agreements. With a public commitment to gender equality, the company aims to achieve at least 40% women in senior management positions by 2025. Currently, 50% of its board members are female.

Respect human rights
The company has a publicly available policy statement committing it to respect human rights and ILO core labour rights in its operations and supply chain. It describes the process for identifying and assessing its human rights risks and impacts in specific locations or activities covering its own operations and supply chain. Furthermore, it discloses the results of its human rights impact assessment in Brazil and the actions taken to address the identified risks in its own operations, third-party sites, and supply chain.

In addition, the company actively engages with stakeholders whose human rights might be affected by its activities. It also maintains accessible grievance mechanisms for both internal and external parties.

Governance and accountability for sustainable development
The company has an opportunity to disclose whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

Lobbying and advocacy
While the company states it has internal processes in place, it has an opportunity to disclose a clear and detailed framework for assessing alignment of its trade associations with its sustainability targets. Moreover, it could report (potential) misalignments between the lobbying activities of its trade associations and its sustainability targets.

Sustainable development strategy
While the company discloses some sustainability objectives/targets including climate and social inclusion, it has an opportunity to establish group-wide targets for the most material parts of its value chain.

Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company has the opportunity to align its scope 1 and 2 emissions targets with a 1.5-degree trajectory. While it discloses a target to achieve an absolute reduction of 11.1% in scope 3 emissions from the use of sold products by 2030, this target does not encompass all categories of scope 3. As such, there is an opportunity for the company to set a target that covers reduction across all scope 3 categories. It is also recommended that the company aligns its scope 3 targets with a 1.5-degree trajectory.

Fertiliser and pesticide use
The company has an opportunity to disclose targets that encompass optimizing the use of fertilizers and pesticides as part of its R&D and value chain activities, and report progress against the targets.

Soil health and agrobiodiversity
The company has an opportunity to disclose a target to improve soil health in its production or sourcing practices and report progress against it.

Water withdrawal
The company has the chance to announce a specific target to decrease water withdrawal in its own operations and regularly update its progress on the target. Although the company already emphasizes the importance for suppliers to reduce water withdrawal, there is room for improvement in actively involving them in the process.

Availability of nutritious foods
The company has the opportunity to demonstrate how its activities and products contribute to addressing malnutrition and food insecurity.

Workforce nutrition
The company has an opportunity to disclose evidence of other workforce nutrition programmes, such as nutrition-focused health check, nutrition education, and healthy food offerings.

Child labour
The company has an opportunity to disclose examples of remediation programmes when a case of child labour is found in its operations and to indicate how it is building the capacity of its suppliers to prevent child labour impacts. While the company prohibits its suppliers from using child labour, it could require them to have an age-verification system in place.

Farmer and fisher livelihoods
The company could identify living income benchmarks and assess living income gaps for some regions or commodities.

Forced labour
The company has an opportunity to disclose forced labour requirements for its operations and supply chain such as a prohibition to pay recruitment fees, to retain workers’ personal documents or to restrict workers’ freedom of movement. Further, it could provide evidence of how it builds the capacity of its suppliers to prevent forced labour impacts.

Health and safety of vulnerable groups
The company has an opportunity to recognise and assess the health and safety risks to vulnerable groups, such as migrant and temporary labourers, women and young farmers. Furthermore, it could provide evidence of support activities that improve the health and safety of vulnerable groups.

Land rights
The company has an opportunity to disclose a commitment to respect ownership and use of land and natural resources and related legitimate tenure rights. Furthermore, it could describe a process at its operations and supply chain level to identify legitimate tenure rightsholders when acquiring, leasing or making other arrangements to use land and to negotiate with them to provide adequate compensation.

Act ethically
The company could disclose a policy outlining its approach to political engagement and lobbying. Additionally, it could disclose its expenditures related to lobbying activities. Furthermore, it could outline in a policy document a requirement for its third-party lobbyists to adhere to the company’s lobbying and political engagement policy.

Provide and promote decent work
The company could set expectations for its suppliers to pay living wages and demonstrate how it supports them in achieving that. Additionally, the company has the opportunity to disclose the ratio of basic salary and remuneration between women and men in its direct operations workforce. This disclosure should be made by employee category and significant locations of operation.