ICL @ A Glance

ICL Group Ltd. is a leading global specialty minerals company that creates impactful solutions for humanity’s sustainability challenges. With over 100 years of experience, ICL leverages its unique bromine, potash and phosphate resources, its professional employees, and its strong focus on R&D and technological innovation to drive growth in global agriculture, food and industrial markets. \

The fertilizers and specialty fertilizers that we produce are critical inputs for farmers worldwide to help increase their yields and improve the quality of their crops. Our product suite also includes food solutions and products that increase food availability and minimize food waste, enhancing food security.
We also produce a broad range of industrial solutions such as brominated and phosphorus-based flame retardants, phosphate salts, magnesium-based products and other specialty solutions that are used for energy storage applications and to make various products safer, more durable and longer lasting. Some of our solutions are also integrated into personal care products and pharmaceuticals.

ICL’s operations are organized under four segments: Industrial Products, Potash, Phosphate Solutions and Growing Solutions.

We are well positioned for sustainable growth as a result of:

Our premium assets:

Access to one of the world’s richest sources of potash and bromine (from the Dead Sea).
Potash mine and processing facilities in Spain
Unique Polysulphate® resources in the UK
Phosphate resources in China and in Israel

Unique know-how:

Agronomy, Chemistry, and accumulated customer experience gathered over decades
Extensive IP
Leading R&D capabilities

Strategic Locations:

Competitive logistics advantages resulting from our proximity to ports and customers

Startup Nation:

Access to Israel’s global-leading high-tech and agritech ecosystems in Israel

As of the end of 2022, ICL’s direct workforce included over 12,700 employees (not including approximately 1,000 temporary employees), compared to approximately 12,300 employees at the end of 2021.

OUR MAIN ESG ACHIEVEMENTS AND HIGHLIGHTS IN 2022:

Achieved an 18% reduction in GHG emissions (since 2018) – ahead of our stated target calling for a 30% reduction by 2030 (before adjusting our target to SBTi)
Committed to the Science Based Target Initiative (SBTi)
Launched the first biodegradable coating solution for controlled release fertilizers
Awarded a Department of Energy grant for an LFP cathode material plant in the US
Signed a green energy purchase agreement with Dorel, from 2024 for 15 years, estimated in the amount of about 75 million kWh per year (a total of about 360 million NIS)
Developed new biological biostimulants and created a robust pipeline of advanced solutions
Designed Agmatix digital tools to increase crop yields: ICLeaf and Crop Advisor
Developed the FruitMag solution- a natural offering for post-harvest protection
Invested in food tech and ag tech startups, creating innovation through collaboration
Transitioned ICL sites in North America to renewable energy
Transitioned the Rotem site in Israel from use of oil shale to natural gas
Concluded successful “Year of Sustainability”, an internal annual cross-company program, in which we increased employees’ awareness and participation in various sustainability related issues

ICL operates an extensive global logistics and distribution network with operations in over 30 countries. ICL maintains the largest fleet of isotanks in the world.

R&D and Innovation (RD&I)

We benefit from vast agronomy and chemistry knowledge, as well as customer insights that we have accumulated over decades, as well as our proximity to Israel’s global leading high-tech and agritech ecosystems. Our extensive global R&D infrastructure includes 23 R&D and Innovation Centers around the world that employ 300 highly experienced persons who have registered 770 patents in 220 patent families. ICL’s RD&I unit supports the development of innovative products, applications and formulations for each of our operating segments through internal research, employee ideation and collaborative research with third parties.

In 2022, we invested approximately $170 million on environmental related projects, of which $80 million were investments in property, plant and equipment. Over the next few years, we intend to invest significant capital to further reduce our air emissions, treat hazardous materials and reduce our environmental impact. These include investments required to comply with the Israeli Clean Air Law, European environmental regulation, and other regional environmental regulation. We estimate that in 2023 we will invest approximately $191 million for environment related purposes.

Our Ambition Creates Excellence (ACE) program promotes the development of a standard energy efficiency methodology that is applied at all our sites. Our ACE energy efficiency projects range from Company-wide energy management and conservation methodology programs to optimization of production equipment and raising awareness of the importance of energy conservation among ICL’s employees and contractors.

ICL’s monetary donations in 2022 amounted to approximately $14.5 million (including the amount invested in the Visitor Center).

In addition, during 2022, ICL’s employees contributed over 60,000 hours of volunteer work. Around 24,500 hours were sponsored by the Company and an additional 35,000 hours were encouraged, organized, and logistically facilitated by ICL, but occurred after working hours.

For the year ended December 31, 2022, we generated revenues of $10 billion and operating income of $3.5 billion. See “Item 5 – Operating and Financial Review and Prospects – A. Operating Results – Results of Operations” in ICL’s 2022 Annual Report.

ICL is a public company and its shares are dual-listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE).

For more information, please visit the Company’s website at www.icl-group.com

Sustainability Reporting Disclosures:

Disclosure: 2-1

Disclosure: 2-6

ICL @ A Glance

OUR MAIN ESG ACHIEVEMENTS AND HIGHLIGHTS IN 2022:

R&D and Innovation (RD&I)

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