ADAMA Ltd.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:276,061 (tCO2e/year)
Scope 1 Emissions:413,466 (tCO2e/year)
Total Energy Consumption:3,758 (TJ/year)
Water Consumption:3,575,850 (m3/year)
Waste Generated:33,326 (tons/year)
Carbon Intensity:252 (tonne CO2e/ $million revenues)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- 30% decrease in GHG emission per tonne production, from averaged values 2011-2020
- 36% more recycle and reused hazardous waste compared to 2020
- 57% of our sites are ISO 14001 certified
Social Achievements
- Launched new learning platform, SPARK
- 35% of all open positions were filled internally in 2021
- 87% employee retention rate
Governance Achievements
- Established an ethics committee
- Established the role of Ethics Officer
- Operates a global confidential reporting system (SpeakUp)
Climate Goals & Targets
Short-term Goals:
- 10% reduction in energy generated by fossil fuel in absolute terms and/or per tonne production from 2019 values by 2024
- 15% reduction in hazardous waste disposed to landfill or incineration in absolute terms and/or per tonne production from 2019 values by 2024
- 10% reduction in water consumption in absolute terms and/or per tonne production from 2019 values by 2024
Environmental Challenges
- Increase in the number of complaints reported through SpeakUp (from 5 in 2020 to 23 in 2021)
- Discontinuing sales of certain active ingredients due to regulatory changes
- Managing health and safety during the COVID-19 pandemic
Mitigation Strategies
- Conducted in-depth research on the increase in complaints
- Developed a proactive and responsible approach to discontinue sales of certain products
- Established new guidelines and protocols for managing health and safety during the COVID-19 pandemic
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001
Third-party Assurance: KPMG Somekh Chaikin
UN Sustainable Development Goals
- Goal 6
- Goal 7
- Goal 9
- Goal 12
Initiatives related to water management, renewable energy, sustainable industrial processes, and waste reduction.
Sustainable Products & Innovation
- Bralic (biological product based on garlic oil extract)
- Soratel (fungicide formulation with higher efficacy)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1,422,292 tCO2e
Scope 1 Emissions:444,707 tCO2e
Scope 2 Emissions:977,585 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0.5%
Total Energy Consumption:12,503 TJ
Water Consumption:11,066,527 m3
Waste Generated:143,752 tons
Carbon Intensity:254 tCO2e/million USD revenues (2022)
ESG Focus Areas
- Products
- Environmental sustainability
- Responsible supply chain
- Farmers’ empowerment
- Ethical business conduct
- Employees
- Community relations
Environmental Achievements
- 20% decrease in water consumption and wastewater discharge vs. 2021
- 9% reduction in hazardous waste generation
- 49% of hazardous and non-hazardous waste recycled
- In Australia, from 2020 to 2022, 25 high-load products reduced product volume by 10.8 million liters, resulting in 1 million fewer drums and caps, 541 fewer trucks on the road, and 32,000 fewer pallets.
Social Achievements
- 31% of all open positions were filled internally
- 87.6% employee retention rate
- $2.8 million in community donations during 2022
Governance Achievements
- 88% of our people completed the COC yearly training
- Zero incidents of corruption
- Zero incidents of non-compliance with laws and/or regulations in the social and economic area
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce Scope 1 and 2 carbon emissions by 5% annually until 2030
- Significantly increase sales of “Sustainability Leading” products, including Biologicals by 2030
Short-term Goals:
- Reduce water consumption by 10% by 2024 (2019 baseline)
- Reduce absolute energy from fossil fuel consumption by 10% by 2024
Environmental Challenges
- Higher than expected carbon footprint despite maintaining 2021 intensity levels due to increased production volumes.
- Limited number of new active ingredients (AIs) available for innovation.
- Growing resistance to many existing AIs and increasing regulatory restrictions.
Mitigation Strategies
- Set a target of reducing scope 1 and 2 carbon emissions by 5% on average every year until 2030.
- Investing in proprietary, advanced Formulation Technologies to optimize existing AIs.
- Developing a standardized assessment tool to measure product sustainability and guide innovation towards more sustainable products.
- Collaborating with agricultural technology companies to find new ways to complement solutions.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Ethical business conduct
- Human rights
- Environmental compliance
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, SASB, UN SDGs
Certifications: ISO 14001, ISO 27001
Third-party Assurance: KPMG
UN Sustainable Development Goals
- 1
- 2
- 4
- 6
- 7
- 9
- 10
- 12
See report for details on how initiatives contribute to each SDG.
Sustainable Products & Innovation
- Low Dose products
- High Load products
- Biological products
Awards & Recognition
- MAALA Platinum medal (2022)
- LinkedIn’s top 25 Best Workplaces to Grow your Career in Israel
Reporting Period: 2023
Environmental Metrics
Scope 1 Emissions:333,367 tCO2e
Scope 2 Emissions:885,325 tCO2e
Renewable Energy Share:10.5%
Total Energy Consumption:10,425 TJ
Water Consumption:9,743,757 m³
Waste Generated:101,296 tons
Carbon Intensity:262 tonne CO2e/ million USD revenues
ESG Focus Areas
- Products - sustainability, quality, high efficiency, safety, and innovation
- Environmental sustainability
- Responsible supply chain
- Farmers’ empowerment
- Ethical business conduct
- Employees - DEI, empowerment, and development
- Community relations and employee engagement
Environmental Achievements
- 14% reduction in absolute carbon footprint vs. 2022, while maintaining carbon footprint intensity at the same level
- 10.5% of our energy is from renewable energy sources
- ~12% decrease in water consumption and a 7% reduction in wastewater discharge vs. 2022
- 30% reduction in hazardous waste generation
- 48% of hazardous waste is recycled
- 342M USD invested in environmental upgrades during the past 3 years
Social Achievements
- 32% of all open positions were filled internally
- 90% employee retention rate
- 50% increase in total training hours for employees - from 113K hours to 168K hours
- 2.1M USD in community donations
Governance Achievements
- 93% of our people completed the COC yearly training
- Zero incidents of non-compliance with laws and/or regulations in the social and economic area
- 87% of employees completed the data privacy training
- ADAMA's Board of Directors held 12 meetings with a 100% attendance rate
Climate Goals & Targets
Long-term Goals:
- Implement a global volunteering framework to ensure each ADAMA employee volunteers at least once a year by 2030
Medium-term Goals:
- Average 5% annual reduction of carbon emissions in scope 1 and 2 to align with the 1.5° Paris Agreement by 2030
- Significantly increase our sales of “Sustainability Leading” products, including Biologicals by 2030
Short-term Goals:
- Reduce water consumption by 10% by 2024 (2019 baseline)
- Increase reporting of unsafe conditions and near misses by 10% over 2023
Environmental Challenges
- Challenging market conditions in 2023
- Supply chain disruptions
- Escalating weed resistance to herbicides
- Regulatory changes leading to the prohibition of active ingredients
Mitigation Strategies
- Implementation of a "Fight Back" plan to secure financial health
- Investment in proprietary, advanced Formulation Technologies
- Development of new formulations with enhanced sustainability attributes
- Development of a growing portfolio of biological products
- Collaboration with technology companies to deliver solutions
Supply Chain Management
Supplier Audits: 30 out of 60 top suppliers responded to a structured survey
Responsible Procurement
- Collaboration with suppliers for innovation and improvement
- Promoting mutual business success
- Requirements for material quality and safety, innovative materials, ethical business conduct, human rights, and environmental compliance
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB, UN SDGs
Certifications: ISO 14001, ISO 27001
Third-party Assurance: KPMG
UN Sustainable Development Goals
- SDG 1
- SDG 2
- SDG 4
- SDG 6
- SDG 7
- SDG 9
- SDG 10
- SDG 12
See report for details on how initiatives contribute to these goals
Sustainable Products & Innovation
- Araddo®, Apresa®, FullScript®, Feralla®
Awards & Recognition
- Bronze medal from Ecovadis
- Platinum Plus from MAALA
- Best Formulation Innovation at the IHS Markit Crop Science Forum and Awards (Araddo®)