Integrated Report 2024
Yara’s Integrated Report 2024 presents our performance and outlines how we are enhancing resilience, optimizing our portfolio, and positioning for long-term value creation.
"Yara has consistently demonstrated its ability to swiftly and effectively adjust to challenges, driven by the strengths of our core operations, dedicated people, and global presence."
Svein Tore Holsether
President and CEO
ESRS reporting
Our sustainability statements cover our material sustainability topics and is prepared to comply with the Norwegian Accounting Act and its requirement to adopt the European Sustainability Reporting Standards (ESRS).
Strategy scorecard 2024
Our Strategy scorecard shows the KPIs we use to measure the progress on the execution of our corporate strategy.
People performance
Our people are our greatest asset. Their knowledge help to feed 200 million people.
Yara KPI | Measure | 2024 | 2025 Target |
---|---|---|---|
Strive towards zero accidents |
TRI |
0.9 |
<1.0 |
Engagement Index1) |
Index |
76% |
Top quartile |
Diversity and inclusion index1) |
Index |
75% |
Top quartile |
Female senior managers2) |
% |
32% |
40% |
1) Measured annually
2) Status at year-end
Planet performance
We are meeting global challenges head on with green solutions and ambitious climate targets.
Yara KPI | Measure | 2024 | 2025 Target |
---|---|---|---|
GHG emissions, intensity1) |
t CO2e /t N |
2.8 |
2.7 |
GHG emissions, scope 1+22) |
CO2e |
-13% |
-30% |
Digitized hectares3) |
mHa |
24 |
150 |
MSCI rating |
Score |
A |
A |
1) GHG emissions intensity KPI does not include Freeport and Hull.
2) GHG absolute emissions scope 1+2 target is for 2030 with a 2019 baseline. The baseline and reported progress do not include Hull and Freeport.
3) Cropland with digital farming user activity within defined frequency parameters.
Profit performance
We target superior returns from efficient operations and new and greener revenue streams.
Yara KPI | Measure | 2024 | 2025 Target |
---|---|---|---|
Ammonia production1) |
mt |
8.1 |
8.6 |
Finished fertilizer production1) |
mt |
21.2 |
22.5 |
Premium generated2) |
MUSD |
1,415 |
N/A |
Operating capital days2) |
Days |
108 |
92 |
Capital return (ROIC2)) |
% |
5.0 |
>10 |
Fixed costs2) |
MUSD |
2,443 |
∼2,380 |
1) Yara Improvement Program performance, see further details on page 27 in the Integrated Report
2) See page 336 in the Integrated Report for definitions, explanation, and reconciliation of Alternative Performance Measures (APMs)