Aerial view of a farm field with a tractor Aerial view of a farm field with a tractor

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.

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Svein Tore Holsether, Yara President and CEO

"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

Two Indian farmers walking in the field Two Indian farmers walking in the field

 

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 icon 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 icon 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.

Prosperity icon 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)