Impact reporting 2015

Society indicator points

Aspect: Local communities

G4-DMA:

Materiality.

Reference is made to G4-18 and to the society management approach.

G4-SO2: Operations with significant actual and potential negative impacts on local communities

In order to secure a sustainable working environment and production set up, Yara has undertaken the following changes in Brazil in 2015: 

Shutdown of the Olinda Blending Unit because of the startup Maceió Blending Unit - 46 employees were dismissed. Yara hired 43 employees in the new Maceió Blending Unit 

Shutdown of Rondonópolis Facilities because they were rented and in poor condition, all 42 employees were transferred to Rondonópolis Blending Unit 4 and 2. 

Shutdown of São Luís Blending Unit 2 because of production optimization, all 36 employees were transferred to São Luís Blending Unit 1.

Aspect: Anti-corruption

G4-DMA:

Materiality.

Reference is made to G4-18 and to the society management approach.

G4-SO3: Total number and percentage of operations assessed for risks related to corruption and the significant risks identified

Yara's risk assessment process aims to identify, evaluate and manage risk factors across all areas of the company, including corruption risks. Risk assessment (which includes corruption) is mandatory for 100% of our operations : All expert functions; from Upstream down to plant level; Downstream down to country level; Industrial and Supply & Trade down to Business Unit level.

G4-SO4: Communication and training on anti-corruption policies and procedures

Yara's video learning program on ethics and compliance is mandatory for all new employees, and covers various topics including anti-corruption policies and procedures. In addition to the mandatory training program for new employees, Yara's Ethics and Compliance Department has a face-to-face training program called "Share it!". This is a role based dilemma training program conducted by Ethics and Compliance professionals. The program encourages managers and employees to identify and reflect on ethical and compliance related issues with strong focus on anti-corruption, and aims to build a culture of open discussion about such matters. It also provides practical guidance on the Ethics and Compliance tools available, such as the Ethics Handbook and the Ethics Hotline. The number of employees trained in face-to-face sessions during 2015 in the organization's anti-corruption policies and procedures was 5,622 globally.

G4-SO5: Confirmed incidents of corruption and actions taken

In 2015 there were five reports to the Ethics Hotline regarding gifts, bribes and kickbacks. These cases were handled according to Yara's investigation procedures.

Aspect: Public policy 

G4-DMA:

Materiality. 

Reference is made to G4-18 and to the society management approach.

G4-SO6: Total value of political contributions by country and recipient/beneficiary 

In 2015 Yara did not make any political contributions, either financial or in-kind. 

Aspect: Anti-competitive behavior 

G4-DMA:

Materiality. 

Reference is made to G4-18 and to the society management approach.

G4-SO7: Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes 

In 2015, Yara was not subject to any legal actions for anti-competitive behavior, anti-trust, or monopoly practices laws or regulations.

Aspect: Compliance 

G4-DMA: 

Materiality.

Reference is made to G4-18 and to the society management approach.

G4-SO8: Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations

For 2015, no significant fines or non-monetary sanctions are on record. 

Some recent acquisitions (Galvani) does not fully comply with national legislations. The JV agreement takes this into account , describing the 2 owners responsibilities.

Aspect: Supplier assessment for impact on society 

G4-DMA: 

Materiality.

Reference is made to G4-18 and to the society management approach.

G4-SO9: Percentage of new suppliers that were screened using criteria for impacts on society 

Yara's Integrity Due Diligence Procedure requires the screening of all new suppliers against key risk factors and red flags, including red flags concerning societal impacts. If a risk is present, further research is required, including a self-declaration from the supplier concerning societal impacts, inter alia.

G4-SO10: Significant actual and potential negative impacts on society in the supply chain and actions taken 

Yara's Integrity Due Diligence Procedure requires the screening of all new suppliers against key risk factors and red flags, including red flags concerning societal impacts. If a risk is present, further research is required, including a self-declaration from the supplier concerning societal impacts, inter alia. 

Reference is also made to G4-LA15.

Aspect: Grievance mechanisms for impacts on society 

G4-DMA:

Materiality. 

Reference is made to G4-18 and to the society management approach.

G4-SO11: Number of grievances about impacts on society filed, addressed, and resolved through formal grievance mechanisms 

Yara did not receive any reports concerning impacts on society during the reporting period.

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