The Norwegian multinational Yara India, which provides crop nutrition, has issued its second Sustainability Report. In the paper, Yara India explains its plans to lower greenhouse gas emissions through the use of renewable energy sources, sustainable farming methods, and increased energy efficiency. By 2026, the corporation wants to have reduced its GHG emissions by 70,000 tCO2e.
The study also describes Yara India’s efforts and advancements made in achieving its objectives to improve the sustainability of its operations in India. According to a statement from the firm, Yara’s digital platforms have successfully shared knowledge during the reporting period, providing over 4.6 million farmers with insightful advice.
In line with the UN Sustainable Development Goals (SDGs), the sustainability report is organized around Yara India 5Cs approach to sustainability: Commit, Channelize, Care, Concern, and Contribute. It covers important topics like effective resource allocation, resilient governance, environmental stewardship, empathy-driven solutions, and general societal improvement.
The business has laid out a plan to fund projects and activities that will lower operational expenses, open up new income streams, lower operating risks, and boost the proportion of women working throughout the value chain.
“In an era where resource use efficiency is declining, Yara India focus is to ensure nutrition sufficiency to help improve farm productivity and incomes,” stated Sanjiv Kanwar, MD, Yara South Asia. In keeping with this, Yara prioritizes methods that gradually improve soil health, provides a range of fertilizers with a smaller carbon footprint, and helps India transition to a future where food is sourced sustainably. Not only is it morally required, but empowering women farmers is also a calculated investment in the future of agriculture. We at Yara India are committed to closing the gender gap and enabling women farmers to reach their full potential. By means of our collaborations with 15 women-only FPOs, with an average of 2,000 members, we are directly assisting about 30,000 female farmers and 120,000 people in the farming community.
May-Elin Stener, the Ambassador of Norway to India, said, “As the largest shareholder in Yara, the Norwegian government is proud to support Yara India objectives, which align closely with the government’s priorities: improving food security, supporting sustainable farming practices, adapting to climate change, and promoting diversity and inclusion. Yara contributes to improving food security not only by offering high-quality products but also by educating farmers in best practices for optimal yields and healthier soil. The 2023 Sustainability Report demonstrates Yara International commitment to creating a more environmentally sound and gender equal agricultural sector in India. This report highlights not just your achievements, but also your ongoing dedication to innovation and environmental responsibility.”
Yara International is already creating ways to lessen environmental effects and satisfy farmers’ changing requirements.
