Yara International

Yara International reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 17,500 Kt (-200 /-1.1% y-o-y). Also positively, carbon intensity plummeted to 1,053 t (-474 /-31% y-o-y).

Yara International's Scope 3 emissions increased to 57,800 Kt (+4,400/+8.2% y-o-y). This is a higher growth rate than over the period since 4Q'16 (+3.9% CAGR).

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2019, which translates into the estimated reduction of -506 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Yara International achieved carbon neutrality across its operations (Scope 1 + 2) in 2021. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.