A letter from the President and CEO of ICL Group
We are proud to present the ICL Corporate Responsibility (ESG) Report for 2022, which demonstrates that we achieved much more than financial performance records in the recent year.
We continue to lead as a specialty minerals company that provides solutions for some of humanity’s most pressing challenges. Our vision to create positive impact on our world drives us forward, as we aim to offer additional solutions to vital challenges in our focus areas: food security, mobility, and personal safety.
We believe in “doing the right thing” which is more than an aspiration – it’s a guiding compass that permeates every aspect of our business culture. Upholding high standards of corporate governance and responsible decision-making are an integral part of our commitment to doing the right thing in the right way. We strive not just to succeed, but to lead, to set the bar higher, and to drive progress for all our stakeholders. Unfortunately, not all our efforts and actions are successful, but we are determined to do our absolute best, and foster a learning organization, remaining transparent, responsible, and accountable to all our stakeholders.
As we continue our transformative journey shifting from being a company that extracts minerals to one that harnesses our resources to create sustainable solutions, our mission to create positive impact, on global food security and other key challenges, keeps driving our innovation and determination forward.
As part of our continued commitment to improving our sustainability measures, we’re adhering to international guidelines set by the Task Force on Climate-related Financial Disclosures (TCFD) and re-aligning our ambitions on the reduction of GHG emissions (-18.1% to date relative to a 2018 base) with the Science Based Targets initiative (SBTi), demonstrating our readiness to engage in ambitious decarbonization plans.
In addition to our decarbonization efforts, we prioritize a wide range of ESG goals, in strategic alignment with the UN Sustainability Development Goals, including, among others, increasing our renewable energy usage, workforce diversity, water and material efficiency, safety, and promoting sustainable procurement.
The current ESG report attests to the proactive approach we committed to in past years towards the SDG’s, as we outline how we build on our culture of innovation to fuel efforts towards a prosperous and sustainable future.
Sustainability is a challenge for ICL, as for humanity at large, but we remain determined to lead on these matters, both within our business and across the communities we serve. Thus, we urge you, our stakeholders, to review this past year’s ESG Corporate Responsibility (ESG) report, share its highlights and engage with us – we believe this is a journey we must navigate together.
I have the privilege of leading an exceptional team that is deeply committed to innovation and sustainability. Over the next few years, I am confident that ICL will emerge as a global leader in every sustainability category. We strive to lead and to inspire positive change for all our stakeholders.
