UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Section 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of: March, 2023
Commission File Number: 001-38336
NUTRIEN LTD.
(Name of registrant)
Suite 1700, 211 19th Street East
Saskatoon, Saskatchewan, Canada
S7K 5R6
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☒
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
NUTRIEN LTD. | ||||
Date: March 7, 2023 | By: | /s/ Robert A. Kirkpatrick | ||
Name: | Robert A. Kirkpatrick | |||
Title: | Senior Vice President, General Counsel Securities & Corporate Secretary |
Exhibit 99.1
News Release |
NYSE, TSX: NTR
March 7, 2023
Nutrien Releases 2023 ESG Report, Updating Progress Towards Value-Driven Sustainability Initiatives
SASKATOON, Saskatchewan Nutrien Ltd. (TSX and NYSE: NTR) is pleased to release its 2023 Environment, Social and Governance (ESG) Report. This years report outlines Nutriens 2022 progress towards its 2030 sustainability commitments, short-term goals and targets performance, and continuing improvement in ESG governance and risk management. Nutrien continues to drive sustainability in the field and in its own operations through direct grower, partner and industry relationships that create measurable, science-based, impacts.
We remain focused on our Feeding the Future plan and related sustainability commitments with a goal to lead the next wave of agricultures evolution. In 2022, Nutrien made significant progress driving towards this goal, as we continued to collaborate with peers and competitors across the industry to find ways to help address some of the worlds biggest food and emissions challenges now and into the future, says Tim Faveri, Vice President, Sustainability and Stakeholder Relations.
Highlights from the 2023 ESG Report include:
| Measured and documented approximately 1 million acres in North America and Australia on crops harvested in 2022. We continue to provide growers with whole-acre solutions that support sustainable and productive agriculture and aim to deliver improved environmental outcomes. |
| Announced the evaluation of a new clean ammonia facility at our existing Geismar, LA site, with a potential capacity of 1.2 million tonnes of clean ammonia annually. A final investment decision is expected to follow in the second half of 2023. |
| Invoiced approximately 30 percent of local spend across our potash business in Saskatchewan with direct Indigenous economic impact in 2022, exceeding Nutriens target of 25 percent. This reflects approximately CAD $270 million in contract opportunities with a direct positive impact within Indigenous communities in Saskatchewan. |
| Achieved both top-quartile Lost Time Injury and Total Recordable Injury performance across Retail, Nitrogen and Phosphate Business Units. |
| Completed external verification of our water stewardship practices through the Water Councils WAVE program. |
| Awarded a total of $500,000 to two ag-tech entrepreneurs committed to diversity and inclusion through the Radicle Inclusion Challenge presented by Nutrien, a pitch-day competition that aimed to accelerate inclusive investments in the agri-food industry. |
Nutriens sustainability strategy aligns directly with the companys core values of inclusion, safety, integrity and results. As a global leader in agribusiness, regular engagement with stakeholders including employees, investors, customers, suppliers, governments, Indigenous peoples and communities is integral in continuing the commitment to Nutriens environmental, social and governance performance.
To view Nutriens 2023 ESG Report, please click here.
Forward-Looking Statements
Certain statements and other information included in this news release constitute forward-looking information or forward-looking statements (collectively, forward-looking statements) under applicable securities laws. Such statements include, but are not limited to: Nutriens sustainability, climate change and ESG plans, initiatives and strategies, and Nutriens ESG commitments, goals and targets and its expectations regarding the achievement thereof.
Forward looking statements in this news release are based on certain key expectations and assumptions made by Nutrien, many of which are outside of our control including, but not limited to, that future business, regulatory and industry conditions and global economic conditions will be within the parameters expected by us. Although Nutrien believes that the expectations and assumptions on which such forward looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Nutrien can give no assurance that they will prove to be correct. Forward looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this news release including, not limited to: Nutriens ability to develop and/or access technology; development and growth of end market demand for sustainable products and solutions; development and execution of strategies; government regulation, incentives, and initiatives; regulatory approvals; performance of third parties; and other unforeseen difficulties and risks.
For additional information on the assumptions made, and the risks and uncertainties that could cause actual results to differ from the anticipated results, refer to the 2023 ESG Report, Feeding the Future Plan, as well as the 2022 Annual Report dated February 16, 2023 and the Annual Information Form dated February 16, 2023 for the year ended December 31, 2022, filed under Nutriens profile on SEDAR at www.sedar.com and with the Securities and Exchange Commission in the US at www.sec.gov.
The forward-looking statements in this news release are made as of the date hereof and Nutrien disclaims any intention or obligation to update or revise any forward-looking statements in this news release, except as may be required under applicable Canadian securities legislation or applicable US federal securities laws.
About Nutrien
Nutrien is the worlds largest provider of crop inputs and services, helping to safely and sustainably feed a growing world. We operate a world-class network of production, distribution and retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value for all stakeholders by advancing our key environmental, social and governance priorities.
FOR FURTHER INFORMATION:
Investor Relations
Jeff Holzman
Vice President, Investor Relations
(306) 933-8545
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Media Relations
Megan Fielding
Vice President, Brand & Culture Communications
(403) 797-3015
Contact us at: www.nutrien.com
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