Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Work Environment
• Social Responsibility

Environmental Achievements

• Reduced greenhouse gas emissions by 28% compared to 2008.
• Reduced sulfur oxide emissions by approximately 38% and nitrous oxide emissions by approximately 82% from 2008 to 2013.
• Reduced particle emissions by over 99% since 2005.
• Achieved a score of 98/100 on the Carbon Disclosure Project disclosure index.
• Implemented two projects to reduce greenhouse gas emissions under the UN Clean Development Mechanism.
• Transitioned to using natural gas as a primary energy source for most facilities, resulting in approximately USD 200 million in annual savings.

Social Achievements

• Continued support for Afternoon Club Project, providing financial support and volunteer staffing.
• Increased support for Bedouin communities in the Negev.
• Total contributions to community initiatives reached approximately NIS 20 million.
• Implemented a health program to improve employee performance and health.
• Maintained a low employee churn rate (5%).
• Provided training and development programs for employees and managers.

Governance Achievements

• Adopted new work procedures for the Board of Directors and its committees to ensure transparency and compliance.
• Established a global Leadership Competency Model for executive development.
• Implemented compliance programs to prevent bribery and corruption, money laundering, and human rights violations.
• Maintained compliance with all relevant laws and regulations.

Climate Goals & Targets

Environmental Challenges

• Decline in the Dead Sea water level.
• Sinkhole formation.
• Need to manage environmental risks associated with chemical production.
• Balancing economic goals with environmental protection and social responsibility.
• Meeting evolving needs and regulations related to sustainability.
• Addressing climate change and greenhouse gas emissions.

Mitigation Strategies

• Implemented the Salt Recovery Project to address the rising water level in Pond 5.
• Developed and implemented a comprehensive Enterprise Risk Management (ERM) system.
• Adopted the Responsible Care Global Charter principles.
• Implemented a product stewardship policy.
• Developed a Sustainability Index for product development.
• Implemented the Voluntary Emissions Control Action Program (VECAP).
• Invested in R&D to develop sustainable products and technologies.
• Transitioned to natural gas as a primary energy source.
• Implemented energy efficiency programs.
• Developed and implemented a comprehensive master plan to control fugitive emissions.

Supply Chain Management

Responsible Procurement

• Evaluating suppliers based on quality, health, safety, and environmental aspects.
• Replacing suppliers if risks are too high.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding).

Transition Risks

• Changes in regulations and policies related to greenhouse gas emissions.

Opportunities

• Development of energy-efficient products and technologies.
• Opportunities to mitigate climate change through various initiatives.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 9001, OHSAS 18001, Product Stewardship, Responsible Care

Sustainable Products & Innovation

• Merquel® (mercury emission reduction)
• Water purification and desalination products
• Enhanced Efficiency Fertilizers
• Bromine compounds for energy storage

Awards & Recognition

• Product Stewardship certification (Rotem Amfert Negev, Dead Sea Works)
• Second place in occupational safety award in Germany
• Outstanding Company in occupational health and safety (ICL Jiangyn China)
• First place in annual competition for Rescue Teams (CPL)

Environmental Metrics

ESG Focus Areas

• Food security
• Sustainable agriculture
• Clean energy
• Climate change

Environmental Achievements

• Reduced GHG emissions by 40% compared to 2008 levels (surpassing the 2020 target of 30%)
• Reduced SOx emissions by 43% since 2008, NOx emissions by 84%, and PM emissions by 68% since 2008
• Achieved 97% natural gas usage in Israeli facilities
• Restored 2,500 hectares of historical mining areas at ICL Rotem

Social Achievements

• Launched 'Potash for Life' in India and 'Potash for Growth' in Ethiopia to promote balanced fertilizer use
• Implemented ISO 9001, ISO 14001, and OHSAS 18001 (or equivalent) at about 80% of production sites
• Reduced the total number of accidents and IR index by 26.6% from 2011-2015

Governance Achievements

• Implemented a procedure for transactions with interested parties
• Launched a Fraud Prevention Program
• Implemented compliance programs for preventing bribery and corruption

Climate Goals & Targets

Environmental Challenges

• Receding water levels in the Dead Sea
• Labor disputes resulting in strikes at ICL Dead Sea and Bromine Compounds
• Potential health and environmental risks associated with mining at Sde Barir

Mitigation Strategies

• Collaborating on the Red Sea-Dead Sea canal project
• Implementing a salt harvesting project at the Dead Sea
• Addressing concerns regarding Sde Barir mining through a pilot program and stringent environmental measures

Supply Chain Management

Responsible Procurement

• Global Procurement Organization established

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and energy storage technologies

Reporting Standards

Frameworks Used: GRI G4 Guidelines

Third-party Assurance: KPMG Somekh Chaikin (limited assurance)

UN Sustainable Development Goals

• SDG 2
• SDG 7
• SDG 13
• SDG 5
• SDG 8
• SDG 9
• SDG 12
• SDG 15
• SDG 6

ICL's activities contribute to these goals through sustainable agriculture, clean energy, climate change mitigation, gender equality, economic growth, industrial innovation, sustainable resource management, land restoration, and water conservation.

Sustainable Products & Innovation

• Polysulphate
• MERQUEL®
• FR-1025, FR-122P, TexFRon®4002 flame retardants

Awards & Recognition

• Second place in 2015 Green Leaf Award
• Nominated for 2016 Dutch Responsible Care Award

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Late publication of the report (almost a year after the reporting year)
• Lack of self-explanatory materiality matrix
• Redundant mention of Planetary Boundaries methodology

Mitigation Strategies

• Recommended publishing closer to the financial reports (end of Q1)
• Better explanation of materiality analysis methods and outcomes
• Replacing Planetary Boundaries with UN SDGs as the primary global methodology

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Corporate Responsibility Institute (CSRI)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Renewable Energy
• Circular Economy
• Community Impact
• Workforce Diversity
• Safety
• Governance
• Sustainable Procurement
• Human Rights

Environmental Achievements

• Reduced Scope 1 & 2 GHG emissions from 2,851,000 tCO2e in 2018 to 2,564,000 tCO2e in 2020
• Increased renewable energy share to 21% in 2020
• Most European sites transitioned to 100% renewable electricity (2019-2020)
• Developed new product "MagiK" from a production byproduct
• Reduced air emissions through innovative solutions and cleaner fuels

Social Achievements

• Increased women in senior positions from 14% in 2018 to 17% in 2020
• Improved ranking in BDI’s “100 Best Companies to Work for in Israel” (84th to 38th)
• Included in the 2021 Bloomberg Gender-Equality Index
• Community investment of $9.4M and 9,650 volunteer hours
• Improved safety performance with reduced accident rates

Governance Achievements

• Established various compliance programs to prevent bribery and corruption
• Increased women on the Board of Directors to 20% in 2020
• Published a Sustainable Procurement Policy and Supplier Code of Conduct

Climate Goals & Targets

Environmental Challenges

• Two fatal accidents involving contractor workers in June 2020
• COVID-19 pandemic impacting supply chains and operations
• Climate change and related uncertainties

Mitigation Strategies

• Halted mining activities after accidents, implemented deep internal learning process and updated work plans
• Implemented various measures to ensure employee health and safety during COVID-19
• Developed a climate change strategy with targets for GHG emission reduction and carbon neutrality
• Increased focus on renewable energy, energy efficiency, and sustainable procurement

Supply Chain Management

Supplier Audits: 67% of top-spend suppliers had a valid EcoVadis assessment; 75% of raw materials suppliers acknowledged ICL’s Supplier Code of Conduct

Responsible Procurement

• Supplier Code of Conduct
• Participation in Together for Sustainability (TfS) initiative

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and energy storage technologies

Reporting Standards

Frameworks Used: GRI Standards Core option, SASB indicators

Certifications: OHSAS 18001/ISO 45001, ISO 9001, ISO 14001, ISO 50001

Third-party Assurance: AA1000 Assurance Standard

UN Sustainable Development Goals

• SDG 2: Zero Hunger
• SDG 13: Climate Action

ICL's products contribute to food security and its climate strategy addresses GHG emissions reduction and carbon neutrality

Sustainable Products & Innovation

• Polysulphate (organic fertilizer)
• MagiK (product from byproduct)
• CareMag®D and CareMag®B (naturally based personal care products)
• Vegetable-based proteins

Awards & Recognition

• Bloomberg GEI inclusion
• CDP Carbon Score for commitment to climate action
• Top ranking in the ‘Maala’ leading Israeli ESG ranking
• Bloomberg ESG Top performance among global fertilizer companies
• FTSE4Good inclusion

Environmental Metrics

ESG Focus Areas

• Climate Change
• Food Security
• Circular Economy
• Diversity & Inclusion
• Supply Chain Sustainability
• Safety
• Community Engagement

Environmental Achievements

• Achieved nearly 30% of indirect energy consumption from renewable sources.
• Reduced total Scope 1+2 CO2e emissions (thousands of tonnes): 2649 in 2021 vs 2507 in 2020
• 93% of production sites certified to ISO 14001 or equivalent.

Social Achievements

• Launched new production plant in St. Louis producing plant-based protein fibers.
• Invested in Plantible Foods, a food technology startup.
• 85% of global workforce participated in performance management processes.
• Contributed approximately $8 million to community initiatives.
• 12,755 hours of employee volunteer work (excluding 12,680 hours after working hours).

Governance Achievements

• Implemented personalized performance management processes with ESG-linked KPIs for senior management.
• 95% of employees with computer access underwent business ethics online training.
• Entered into a €250 million sustainability-linked loan agreement.
• Achieved a gold medal rating by EcoVadis (top 5% of 75,000 rated suppliers).

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the pandemic.
• Global food market volatility.
• Climate change impacts on agricultural practices.

Mitigation Strategies

• Worked with suppliers to solve logistical bottlenecks and increase supply chain sustainability through the Together for Sustainability program.
• Invested in climate-friendly agricultural solutions (e.g., plant-based protein production).
• Developed a decarbonization roadmap to reduce emissions by 30% by 2030 and achieve carbon neutrality by 2050.

Supply Chain Management

Supplier Audits: 25 (TfS)

Responsible Procurement

• Together for Sustainability (TfS) initiative.
• EcoVadis sustainability assessment results included in tendering process and purchasing pilot.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and green hydrogen production.

Reporting Standards

Frameworks Used: GRI Standards Core option, SASB

Certifications: ISO 14001, OHSAS 18001/ISO 45001, ISO 9001, ISO 50001

Third-party Assurance: Independent external expert (ISO 14064-3)

UN Sustainable Development Goals

• SDG 2: Zero Hunger
• SDG 13: Climate Action

Advanced fertilizers, alternative proteins, and sustainable agricultural practices contribute to food security and climate action.

Sustainable Products & Innovation

• Plant-based protein fibers
• Products based on magnesium from Dead Sea salts

Awards & Recognition

• EcoVadis gold medal rating
• Bloomberg Gender Equality Index (GEI)
• Maala ESG Index Platinum+
• IFA's Green Leaf Award (ICL Iberpotash)