Nutrien
Nutrien Ag Solutions is the retail division of Nutrien, a global leader in crop inputs and services, committed to sustainable agriculture and feeding the future.
Company Overview
Nutrien Ag Solutions, under the parent company Nutrien, serves as the retail division providing essential crop inputs and services. Employing 26,000 people and spanning a global network, Nutrien's operations and investments have extended into major agricultural regions worldwide. The core mission, 'Feeding the Future,' underscores Nutrien's commitment to enhancing food production sustainably.
Global Retail Network
Nutrien operates a retail network comprising over 2,000 selling locations spread across seven countries: the US, Canada, Argentina, Australia, Brazil, Chile, and Uruguay. The network delivers comprehensive agricultural solutions including nutrients, crop protection products, seeds, services, and agronomic advice. This extensive reach allows Nutrien to support growers in improving crop quality and yield.
Sustainability Initiatives
Nutrien has embedded sustainability into its operational strategy, aiming to enable sustainable farming practices on 75 million acres globally by 2030. Key targets include a 30 percent reduction in greenhouse gas emissions per tonne of product by the same year. The strategy also aligns with the United Nations' Sustainable Development Goals, particularly focusing on SDG 2: Zero Hunger. Nutrien's sustainability efforts have led to 2 million sustainably engaged acres and the production of 1.2 million metric tonnes of low-carbon ammonia annually.
Financial Performance
In the first quarter of 2024, Nutrien reported net earnings of $165 million with an adjusted EBITDA of $1.1 billion. Retail adjusted EBITDA saw an increase to $77 million. Conversely, the potash and nitrogen segments experienced declines in adjusted EBITDA, registering $530 million and $464 million respectively. Nutrien has forecasted retail adjusted EBITDA between $1.65 to $1.85 billion for 2024, with substantial sales volumes projected for potash, nitrogen, and phosphate.
Community Investment
Nutrien invests significantly in community programs focusing on sustainable agriculture, environmental stewardship, and inclusive industry. The company has contributed $23 million to various communities, supporting agricultural innovation, ecosystem health, and grower inclusivity. Initiatives also encompass education and active community involvement, aligning with Nutrien’s broader goals to foster resilient and sustainable communities.