Norofert is an integrated system, being a Romanian producer of inputs for organic farming with three business lines: production of organic inputs, farm operation and grain trading.

“Input production for agriculture is a highly polluting industry, but the Norofert business model has been created, adapted and improved as a profitable alternative with a positive impact on the environment and industry, drastically reducing greenhouse gas emissions. It took 6 years to reach this point, and the rating and completion of the ESG report took 4 months from initial contact to publication in the Sustainalytics database, where investors around the world have access to the analysis of 14,000 companies”, it is stated in Norofert’s sustainability report.

Norofert started its business as an importer and distributor of chemicals for conventional agriculture.

Ccording to the report, by 2015, the company had sold products for about 10,000 hectares. Since 2015, the company has identified an opportunity in organic farming. In addition to the higher price of organic cereals and subsidies for larger farmers, the European Union is promoting this industry through its Green Deal policy.

Thus, each Member State intends to devote 25% of its total agricultural area to the organic scheme. Today, Romania has around 4% of the area worked in an ecological regime.

Norofert started the production of inputs for organic farming in 2015, a step that paid off, currently producing and selling its own products at the factory in Filipeștii de Pădure (Prahova), becoming the main Romanian producer. The company also owns a subsidiary in Ohio, USA - Norofert USA, LLC - which is currently under development.

Currently, Norofert products are used on an area of over 200,000 hectares. Producing own products is a laborious activity, but the increase of Norofert's partner farmers' portfolio from 10,000 ha to over 200,000 ha contributes to the reduction of greenhouse gas emissions from input production, because they are not conventionally produced with synthesis gas.

In addition, agricultural products are natural and the soil is much healthier with optimal biodiversity, and groundwater, fauna and flora are little affected.

You can read the sustainability report for Norofert, a Romanian agriculture firm, here.

The Board of Directors of Norofert SA considered that an independent ESG report and rating from an international supplier is a necessary policy for the future of the company.

In consequence, Norofert chose to be evaluated by Sustainalytics (Morningstar) and published in their database, where investors around the world have access to reports for over 14,000 companies.

"Norofert was ranked in the chemical industry, the agro-chemical sub-industry, where for the first year of ESG rating it was ranked 17th out of 56 companies internationally. In this subindustry, only 10 companies have an average ESG rating, and all companies have a significantly higher market valuation than ours, most of which are over $1 billion, with some reaching tens of billions of dollars. Their corporate social responsibility (CSR) and ESG programs have been active in some cases for decades", it is also stated in the sustainability report.