The fertiliser co-operative releases an integrated report each year that includes environmental highlights.
The report says carbon emissions from fertiliser have reduced 12% over the year and targets for greenhouse gas emissions are down 2206 tonnes of carbon dioxide (14%) since 2018.
The company is converting its Dipton coal-fired combustor in Southland to biomass, which will eliminate more than 1100 tonnes of greenhouse gas emissions per year, almost 10% of its direct carbon footprint.
More than 1million ha of farmland is under technology that provides precise fertiliser applications, and EcoPond technology has the potential to almost eliminate methane emissions completely from dairy effluent ponds.
A $630,000 project has been approved to restore a wetland next to a Napier facility.
Financially, the co-operative made a $95 million profit, up from $52 million last year, and its equity has gone from $492 million in 2020/21 to $609 million.
Chairman Bruce Wills said the company had overcome a wide range of challenges to help farmer and grower customers and shareholders.
They had worked hard to supply the right amount of farm nutrients to optimise production, while mitigating the impacts of land use on the environment, he said.
"We ended the year in a healthy financial position. In the face of global pressure on supply and domestic incentives for environmental improvement, we leveraged long held and carefully nurtured relationships to minimise supply disruption, while continuing to invest in services that support farmers."
The report expands on traditional financial reporting to show manufactured, intellectual, human, social, and natural values.
