What We're Doing: Within Our Operations
GRI 103-1, 103-2 ENERGY; GRI 103-1, 103-2, 103-3 EMISSIONS; TCFD: GOVERNANCE B, STRATEGY A, B, C, METRICS AND TARGETS B, C
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Goal: GHG Emissions; Energy Management; Climate Change
Dimension: Energy Emissions and Climate Change
Reduce carbon emissions
- During 2021, develop and prioritize a list of viable GHG reduction capital projects
- Reduce total CO2 equivalent emissions by 25% per ton of product by 2030 (2015 baseline year)
- Achieve net-zero carbon emissions by 2050
Goal: Climate Change
Dimension: Energy Emissions and Climate Change
Begin to report and disclose Company data in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) framework for climate-related risks and opportunities, in addition to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB).
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The Haber-Bosch process that enables the production of ammonia is one of the transformative innovations of the twentieth century. Billions of lives have been made possible because ammonia and nitrogen fertilizers raise crop yields so that the world can feed a growing population and use less land to do it, preserving carbon-sequestering forests. Fertilizer is responsible for 50% of the world’s food supply.
At the same time, Haber-Bosch is an energy-intensive process that results in carbon emissions when using fossil fuels as a feedstock. We actively manage our netwrok to maximize efficiency and reduce our emissions intensity,
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How We Maximize Efficiency and Reduce Emissions Intensity
Decarbonizing the World's Largest Ammonia Production Network
Our Commitment
In 2020, we established the goal of reducing our CO2e emissions intensity 25% by 2030, compared to a 2015 baseline. Our management approach has allowed us to achieve a 16% reduction through 2020 compared to the baseline. As part of our comprehensive ESG goals, we are developing and prioritizing a list of viable GHG Scope 1 emissions reduction capital projects in 2021. This list will assist us in achieving our intensity reduction targets and help build a roadmap to achieve net-zero carbon emissions by 2050.
Achieving our 2030 and 2050 emissions reduction goals will require CF Industries to successfully execute our strategy as described earlier in this report. In 2020, we announced initial efforts focused on both green ammonia and blue ammonia production.
Types of Ammonia
Ammonia Production
CF Industries produces ammonia using the Haber-Bosch process, which combines nitrogen from the air with hydrogen.
Outside of Our Operations
What We're Doing
CF Industries is also working beyond our operations to support lower emissions from industrial activities and to reduce externalities associated with the use of nitrogen fertilizers.
Our products are used by a variety of industries with selective catalytic reduction technology for emissions abatement. For example, ammonia is used in power plants to control nitrogen oxide (NOx) emissions. Additionally, we are the world’s largest producer of diesel exhaust fluid (DEF), which is widely used by diesel truck fleets to reduce NOx emissions by up to 95%.
We also work to ensure the proper use of our products in agricultural production, which can help limit GHG emissions and nutrient runoff. See the Nutrient Stewardship section for more information.