Yara International ASA
Key Information
HQ:
Norway
Market Cap:
$9.85bn
Primary Markets:
Africa, Asia, LATAM, Oceania, North America, Europe
Business Type:
Agrochemical
Waste & Pollution Engagement
Analysis Overview
Risk Assessment Downstream risk assessment quality and transparency Risk Mitigation Circularity Company Engagement
Summary
Yara International conducted a Fertiliser Environmental Footprinting pilot project in 2022 to assess how different types of organic and mineral fertilisers impact nature-related parameters, such as water consumption and pollution. It has not yet translated this into action.
Analysis Breakdown
Risk Assessment
Medium
Coverage of water quality risk assessment
Regarding water quality, the company states that all its sites underwent an initial water risk assessment using the World Resources Institute’s Aqueduct Water Risk Atlas tool, which includes water quality parameters. The risk assessment covers all the company´s sites.
Based on that, the company has identified eight sites. There is no information on sites identified as high or medium risk from a water quality perspective. The company discloses that there are 10 and 8 sites where nitrogen and phosphorus emissions to water are material.
Additionally, the company mentions that the output of the WRI assessment is used by Yara management to provide focus to production plants that require a more detailed assessment to reduce or mitigate any identified water-related risks.
Transparency and disclosure of water quality indicators
The company discloses the total nitrogen and phosphorus content of its discharged wastewater, as well as the locations where those emissions to water are material. However, it does not disclose the concentration in those sites located in priority bodies or material sites.
The company mentions it had zero high-severity environmental incidents in 2024. It discloses that four of its sites received monetary penalties from authorities due to environmental breaches. The company describes the incidents and mentions that the penalties altogether remained below the significance threshold of USD 5 million.
Recognition of nutrient pollution risk on biodiversity
The company mentions that after using LEAP, it has identified eight site locations that are located in nearby biodiversity-sensitive areas. The company says that, as biodiversity impacts are still being identified, it will not disclose information in 2024.
Downstream risk assessment quality and transparency
Poor
Inclusion of the downstream use of products in risk assessment
The company says that as part of its nature-positive roadmap work, it aims to assess the impact of nature on its production assets. However, the company has not yet conducted a downstream risk assessment related to water quality or biodiversity risks associated with the use of its fertiliser products.
Acknowledgment of regulatory risks
The company does not disclose information.
Impact analysis of products on nature-related risks and climate
In the 2022 company´s sustainability report, the company mentioned that in 2022, it had completed a pilot for Fertiliser Environmental Footprinting, including an analysis of life-cycle impacts for an organic product and a mineral and chemical fertiliser product. The company mentioned that it was continuing the project to assess the life-cycle impacts of mineral and organic fertilisers and related intermediates. These results would support the company´s Climate and Nature roadmap work to analyse the value chain and set focused actions.
However, the company has not shared the results or actions taken.
Risk Mitigation
Medium
Target-setting for water quality
The company discloses a list of actions it is taking at some sites in different countries related to pollution. Still, it is unclear whether these actions cover the company´s sites in high-risk areas from a water quality perspective.
In its 2024 CDP response, the company mentions that various treatment methods are employed at the production sites. However, the company did not disclose that information. In its 2023 CDP response, it mentioned it would do so in the next reporting year. However, the company has not done so, and it has provided the same response in its 2024 CDP response.
Support to downstream farmers
The company states that it engages with farmers by providing digital solutions and agronomic expertise that can help them enhance their productivity, profitability, and environmental sustainability. The company provides a list of the various digital solutions it offers, which aim to increase precision in nutrient application.
The company has a target to increase the digitised hectares by 150 million by 2025. However, this target does not necessarily include the company´s downstream farmers, but rather all farmers who acquire the company´s digital solutions.
Strategy on products with lower environmental impact
In the 2022 company´s sustainability report, the company mentioned that in 2022, it had completed a pilot for Fertiliser Environmental Footprinting, including an analysis of life-cycle impacts for an organic product and a mineral and chemical fertiliser product. The company mentioned that it was continuing the project to assess the life-cycle impacts of mineral and organic fertilisers and related intermediates. These results would support the company´s Climate and Nature roadmap work to analyse the value chain and set focused actions.
However, there were no updates on this in the company´s 2024 sustainability report, so the status of the project is unclear. The company has not yet set any targets.
Circularity
Poor
Pilot projects around nutrient circularity
The company has an organo-mineral fertiliser product in its portfolio made from recovered nutrients from organic compounds.
In recent years, Yara has expanded its range of organic-based fertilisers through partnerships and the acquisitions of Ecolan, a recycled fertiliser producer, and Agribios, an organic fertiliser producer. The company also acquired a majority share in the organic-based fertiliser producer Grønn Gjødsel in 2024.
Disclosure of investment in circular solutions
The company discloses its overall expenditures on research and development (R&D) activities, but it does not disclose the specific amount dedicated to circular solutions.
Targets to increase share of manure under circular initiatives
The company does not disclose information.
Disclosure of fertiliser revenue coming from circular sources
The company does not disclose information.
Company Engagement
Medium
Level of company engagement with the coalition
The company provided a response to the investor letter but did not respond to the engagement questions.
The company declined to meet with investors in a dialogue organised by FAIRR and instead organised a webinar.
The company did not acknowledge the FAIRR´s assessment or provide feedback.
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Workstream Information
Current Stage:
Progress report published
Key Dates
Last Updated:
25 September 2025
Upcoming webinar
2 December 2025
2025/26 Resources
Phase 3 | Investor Briefing Pack Waste & Pollution Engagement