(Reuters) – Canadian fertilizer producer Nutrien Ltd said on Thursday that it aims to achieve a reduction of at least 30% in greenhouse gas emissions by 2030, the latest company that seeks to combat climate change.
The company estimates capital investment requirements between $ 500 million and $ 700 million to meet its carbon emissions target.
Saskatoon, a company based in Saskatchewan, which will deploy wind and solar energy in four potassium plants by the end of 2025, invest in new technologies and explore low-carbon fertilizers.
Agricultural companies, including Mosaic and Corteva, have set carbon emission targets as investors increasingly concerned about the climate are pressing companies to be environmentally friendly.
(Reporting by Rithika Krishna in Bengaluru; edited by Sriraj Kalluvila)