MASHINIi

CF Industries Holdings Inc.

CF.US | Manufacture of fertilizers and nitrogen compounds

CF Industries Holdings, Inc. is a leading global manufacturer and distributor of nitrogen and hydrogen products serving energy, fertilizer, industrial, and other customers. They operate manufacturing complexes in the United States, Canada, and the United Kingdom, and distribute plant nutrients throu...Show More

Ethical Profile

Mixed.

CF Industries Holdings Inc. presents a mixed ethical profile. While investing in environmental initiatives like carbon capture (up to 2.5 million metric tons CO₂ reduction annually) and 20,000 tons of green ammonia production, reports suggest past environmental compliance challenges and hazardous waste penalties. Workforce safety is strong, with a 0.31 recordable incident rate. Diversity goals include 38% female/persons of color in senior leadership by 2022. Ethical sourcing assesses 50% of suppliers for ESG, but 75% of contracts allegedly lack enforceable clauses. The company's ammonium nitrate product has also been linked to potential misuse for explosives.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals20
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

CF Industries' core products, such as nitrogen fertilizers, are estimated to be responsible for 50% of the world's food

1
, and Diesel Exhaust Fluid (DEF) reduces nitrogen oxide emissions from diesel trucks by up to 90%.
2
Ammonia is also used in wastewater treatment.
3
The company has no revenue from products with established negative health outcomes. The company's core business model and decarbonization efforts contribute to preventative health globally. For employees and their families, CF Industries offers excellent mental health programs, including free virtual counseling through an Employee Assistance Program
4
and mental health modules in its "Start Right" process.
5
However, the company has a history of significant environmental violations, incurring over $196 million in penalties since 2000 for hazardous waste, air, and water pollution
6
, indicating major health-harming externalities. The company acknowledges a "significant carbon footprint" from its operations.
7
To mitigate these, CF Industries has substantial remediation efforts underway, targeting a 25% reduction in Scope 1 CO2-equivalent emissions by 2030 (from a 2015 baseline)
8
, a 10% reduction in Scope 3 emissions by 2030 (from a 2020 baseline)
9
, and net-zero Scope 1 and 2 carbon emissions by 2050.
10
Key projects include carbon capture and sequestration facilities expected to capture 2.5 million metric tons of CO2 annually by 2025
11
and 500,000 metric tons by 2028.
12
The company also reported no significant environmental fines in 2024.
13
The CF Industries Foundation supports "healthy food access" for vulnerable populations
14
, but its grants of $1.2 million in 2024 represent a minimal percentage of the company's financial scale.
15

Fair Money & Economic Opportunity

0

CF Industries Holdings Inc is a manufacturer and distributor of nitrogen and hydrogen products, not a financial institution.

1
As such, the company does not offer lending, deposit, or other consumer financial services.
2
Therefore, KPIs directly related to financial services, including underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (for financial products), data accessibility (for customer finance data), fair lending compliance, wealth building outcome, financial literacy initiatives, debt burden ratio, geographic inclusion (for financial access points), and product simplicity, are not applicable to its core business and are scored 0. Although the company engages in charitable giving, this is not categorized as "community finance reinvestment" as defined by the rubric for financial institutions, resulting in a score of 0 for profit reinvestment.
3

Fair Pay & Worker Respect

10

CF Industries reported a recordable incident rate (RIR) of 0.31 per 200,000 work hours, though one fatality was recorded.

1
An OSHA-recognized facility in Aurora, Nebraska, has operated for over 40 years without a lost-time incident.
2
Approximately 6% of employees are covered by collective bargaining agreements.
3

Fair Trade & Ethical Sourcing

0

CF Industries engaged suppliers representing 50% of its expenditure to assess their ESG performance in 2023.

1
The company assesses supplier ESG programs, including child labor policies, through EcoVadis' annual questionnaire.
2
Additionally, CF Industries published a Modern Slavery Report outlining its measures against forced and child labor.
3

Honest & Fair Business

0

No specific, concrete evidence was provided in the articles to assess CF Industries Holdings Inc against any of the defined KPIs for the 'Honest & Fair Business' ethical value. The articles mention a commitment to ethical business practices

1
, comprehensive policies
2
, sustainability reports
3
, and Board oversight of ESG efforts
4
, but they lack the specific quantitative data points or details required by the rubric for regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policy specifics, or third-party verification of ethical claims.

Kind to Animals

20

CF Industries explicitly states that its products do not involve animal testing, indicating a global corporate ban on animal testing across its product categories

1
. Consequently, the company uses zero animals annually for testing purposes
2
. The company's core business involves manufacturing nitrogen and hydrogen products, and there is no evidence of animal husbandry, captive operations, or animal-derived inputs in its product lines. Similarly, there is no evidence of sourcing eggs, meat, or dairy, nor of animal-related suppliers requiring welfare audits. The company's R&D investments and public policy engagements are focused on clean energy, decarbonization, and sustainable agriculture, not on animal-free technologies or animal welfare policy improvement. CF Industries committed $5 million over five years to the One Acre Fund to plant 15 million trees
3
and $250,000 to Ducks Unlimited for restoring shallow-water lakes and rivers in Iowa, providing high-quality habitat for wildlife
4
. These conservation initiatives represent approximately 0.0089% of the company's annual revenue.

No War, No Weapons

0

CF Industries Holdings Inc explicitly avoids direct involvement in weapons manufacturing or military contracts, and its focus remains on ethical governance and social responsibility without involvement in military sectors.

1
This indicates 0% revenue from arms or defense contracts, and no defense business or assets to oversee or divest.
2
While some products, such as ammonium nitrate, could potentially be used to create explosives, this is an indirect association of a civilian product rather than direct exposure to controversial weapons.
3

Planet-Friendly Business

-60

CF Industries' total Scope 1, 2, and 3 greenhouse gas emissions were 63.746 million metric tons of CO2e in 2024.

1
The company is working with the World Business Council for Sustainable Development and SBTi to develop a sectoral decarbonization approach, indicating commitment but pending validation of its targets. In 2024, 21% of the company's total purchased power was sourced from renewable energy.
2
The headquarters building is LEED Gold certified.
3
The company's operations and supply chain are not connected to forest risk commodities, as its products help reduce land needed for food production.
4
CF Industries recorded one environmental compliance violation in 2023, resulting in a $5,000 penalty.
5
The company's reporting is in accordance with the TCFD framework, but climate scenario analysis is expected to be conducted in 2025.
6

Respect for Cultures & Communities

0

No specific evidence was found in the provided articles regarding CF Industries' performance on the defined KPIs for Respect for Cultures & Communities. The articles mention a three-year grant of $120,000 from the CF Industries Foundation to a food bank for food access

1
and a community strategy focusing on local community advancement, environmental sustainability, healthy food access, and STEM education
2
. However, these do not provide the specific quantitative data points required for any of the KPIs, such as percentages of revenue reinvested, numbers of partnerships, or details on cultural impact assessments or grievance mechanisms.

Safe & Smart Tech

0

CF Industries integrates cybersecurity risk management into its enterprise risk management program, with oversight from the Audit Committee

1
. Its cybersecurity strategy aligns with the NIST Cybersecurity Framework, employing a zero-trust approach and including regular penetration tests
2
. The company also conducts third-party risk management to evaluate cybersecurity measures before data sharing
3
. A Privacy Policy outlines the collection and use of personal information, stating that cookies are used for website navigation without associating personal information
4
.

Zero Waste & Sustainable Products

-40

CF Industries' Verdigris Complex has implemented a waste management program that includes recycling multiple material types.

1
Recyclables from this program are sent to a materials recovery facility, achieving a recovery rate exceeding 95%.
2
Additionally, residual waste from the Verdigris Complex is directed to a waste-to-energy landfill, which produces renewable energy for over 20,000 people.
3
The company aims to achieve IFA 'Protect & Sustain' certification for all its manufacturing sites by 2030.
4

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.