Itafos Inc.
Climate Impact & Sustainability Data (2021-10-01 to 2023-12-31)
Reporting Period: 2021-10-01 to 2023-12-31
Environmental Metrics
Water Consumption:918,000 gallons/year (Conda)
ESG Focus Areas
- Environmental Protection and Compliance
- Pollution and Waste Management
- Energy Efficiency
- Biodiversity
- Workplace Safety
- Investment in Community
- Diversity, Equity and Inclusion
- Career Development
- Corporate Governance
- Financial and Policy Transparency
- Ethics and Anti-Corruption
- Risk Management
- Compensation Practices
- Cybersecurity
Environmental Achievements
- Completed 2021 and 2023 with no reportable environmental releases; one reportable release in 2022.
- Successfully completed the National Environmental Policy Act process for the H1/NDR mine development project.
- Conda placed in service a new HFSA plant, capturing approximately 3,900 tons per year of fluoride emissions.
- Completed land reclamation of over 65 acres of the Lanes Creek mine pit at Conda.
- Conda received the Environmental Excellence Award from the Idaho Association of Commerce and Industry in 2022.
Social Achievements
- Achieved a consolidated TRIFR of 0.57, below the national average for the mining sector.
- Conda maintained its recognition as an OSHA Star site.
- Conda donated approximately $100,000 to more than 25 charitable and civic organizations.
- Arraias launched the “From Garbage to Luxury” campaign to eliminate single-use plastic.
- Renovated Farim’s Central Sports Complex.
Governance Achievements
- Completed a full revision of corporate governance guidelines and Board committee charters.
- Launched an updated version of the Code of Conduct training, including sections on anti-corruption and anti-bribery.
- Implemented a formal enterprise-wide risk management (EWRM) program.
- 100% of directors, officers, and employees completed the updated Code training.
Climate Goals & Targets
Environmental Challenges
- Maintaining environmental excellence while expanding operations.
- Balancing safety with production targets.
- Managing risks associated with global operations.
- Adapting to evolving ESG standards and regulations.
Mitigation Strategies
- Implementing rigorous EHS&S programs and systems.
- Conducting regular safety training and incident analysis.
- Developing a formal EWRM framework.
- Monitoring ESG trends and adapting strategies accordingly.
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 2: Zero Hunger
Efforts to improve food security through fertilizer production.
Sustainable Products & Innovation
- HFSA production from waste stream
Awards & Recognition
- Environmental Excellence Award (Conda)
- Conservation Leadership Partner of the Year Award (Conda)
- President’s Award (Conda)