Our 2030 Commitment
By the year 2030, we aim to launch and scale a comprehensive carbon program, empowering growers and our industry to accelerate climate-smart agriculture and soil carbon sequestration while rewarding growers for their efforts.
We are creating a network of growers, suppliers, government and industry players to gather key learnings and scale this important initiative and meet common sustainability goals and objectives.
Strong interest has resulted in more than 200,000 pilot acres across Canada and the U.S., exceeding the initial 100,000 acre target.
Growers will receive incentive payments for climate smart practice implementation or carbon and water outcomes, depending on the pilot.
Our portfolio approach includes 3 Canadian provinces & 15 U.S. states representing a variety of crops, soil types and climate zones.
Our goal is to generate high quality carbon assets that are verifiable based on industry best practices.
Carbon Program Partners
How It Works
By leveraging our direct relationship with over 500,000 growers globally, and our industry and execution partners, we will provide year-round agronomic solutions that enable growers to profit from the adoption of sustainable practices.
Progress to Date
The program is currently in development with an anticipated larger-scale commercial implementation in North America and other geographies beginning in 2022.
Key components include:
- Grower engagement:
In 2021, we expect to conduct multiple program pilots in the US and Canada. We will partner with key accounts to build and scale program functionality through collaboration. Our sustainability solutions pilots began in 2019 and continue to engage growers in determining and incentivizing optimal practices and products.
- Digital Hub development:
The Nutrien Ag Solutions Digital Hub will include a grower-specific "toolbox" which will include features such as a streamlined way to organized important grower-approved and provided data, annual field planning sustainability analytics, carbon outcome measurement and streamlined monetization.
- Value chain partner outreach:
Broad partner outreach is underway with strategic suppliers, downstream partners, NGOs, academic institutions, governments and execution partners. The initial interest in our program is very promising.
We will primarily use our Agrible sustainability platform to track and measure the results that growers share. Carbon credits will be generated using existing and under development protocols/frameworks to independently verify and validate carbon performance, leveraging proven agronomic modeling and soil sampling methods to generate high-quality credits.
- Carbon credit transaction and market:
Our intention is to create high-quality carbon credits that can be monetized in voluntary and compliance markets.
It is possible that Nutrien will purchase carbon credits generated in the program and apply them against our emissions footprint. Nutrien will look to expand the Carbon Program once we have completed our initial pilot implementation and developed a pathway to scalability.
For more information on all our sustainability initiatives and results, please see our latest ESG Report:
Join us in Feeding the World
No one company, no single government and no standalone framework of regulations can effectively tackle the climate action we need alone. Only by working together can we make the meaningful changes needed to preserve our planet for future generations. Will you join us?