31 January2023, New Delhi: Yara India, a part of Norwegian multinational Yara International today announced the release of its first India Sustainability Report. The report describes Yara’s approach to enhancing the sustainability of its business processes in India and progress towards change. Yara India has reached 11.8Mn farmers digitally and positively impacted the lives of 68,000 members of the farmer fraternity through its partnerships with more than 125 FPOs across 13 states.
The sustainability report centers on the 5C approach to sustainability at Yara: Commit, Channelize, Care, Concern, and Contribute. These pillars align well with UN SDGs while addressing areas like GHG emission reduction, energy conservation, water stewardship, circularity, and biodiversity. The company developed a plan to invest in initiatives and program creation in areas that will lower operating costs, induct a higher female workforce across the value chain, provide revenue opportunities, and lower operating risks.
Sanjiv Kanwar, Managing Director of Yara SouthAsiasaid, “We are pleased to launch our first India Sustainability Report, which underscores our commitment to sustainable growth and operations in the country and the world. Our work enables us to impact sustainably along the manufacturing and agricultural value chains while offering high-tech solutions to the farmers feeding the globe. Our teams are also assisting us consistently in this endeavor and we are also relying on them for innovative ideas to enhance productivity, eradicate waste, and reduce costs. Through our initiatives, we have been able to reach out to 11.6Mn farmers and directly support 68,000 members of the farming community across 13 states.”
The company is creating and developing solutions that cater to the changing needs of farmers and reduce environmental impacts. The report aligns with the Global Reporting Initiative and highlights the company’s accomplishments. The full report can be accessed at: https://www.yara.in/sustainability-report3/sustainability/
