Commitment to Action

Creating Impact: A Business Approach to Feeding 9 Billion

Commitment by

Yara International Asa

In 2013, Yara committed to implementing its new strategic plan, 'Creating Impact,' to address issues of population growth, resource management, and food insecurity through a shared value approach. Approval criteria for future investments under this strategy will include: a required and documentable shared value approach for Yara customers and society; a response to the issues of food security, through precision farming, crop nutrition; resources, through land preservation and reduction in water use; and environment, through the reduction of greenhouse gas emissions and carbon footprint reduction in agriculture and industrial markets; new market opportunities or retention of existing markets; a scalable and replicable model that has potential of working across borders. By encouraging best technological practices in precision farming, resource use, and environmental impact, both in the developed and developing world, this commitment has the potential to integrate environmental sustainability while promoting global food security in a way that is profitable to society as well as to Yara.

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Overview
Summary

Commitment

Creating Impact: A Business Approach to Feeding 9 Billion

Launched

2013

Est. Duration

3 years

Estimated Total Value

$435,000,000

Region

Latin America & Caribbean, Africa, Europe

Countries

BRAZIL, BURKINA FASO, DENMARK, ESTONIA, FINLAND, GERMANY, GHANA, INDIA, INDONESIA, LATVIA

Commitment by

Yara International Asa

Partner(s) of the Commitment Maker(s)

Mansfield Oil, Wilhelmsen Maritime Services, Baltic Sea Action Group, Sundrop Farms, Brenntag, Council of the European Union, Technoserve Inc., Agriculture Development Bank, Wienco, United Nations Global Compact, Bellona Foundation