The Mosaic Company released its 2014 Sustainability Report titled, "Leading with Purpose," which outlines the company's sustainability progress and new 2020 sustainability targets. The company's sixth Sustainability Report discloses information on 95 Global Reporting Initiative (GRI) indicators and is prepared in alignment with G4 Core Sustainability Reporting Guidelines, which have an increased focus on materiality.
The report's data has been assured, and its water, waste, energy and greenhouse gas emissions information is externally verified by third-party reviewers.
"No element of our company's progress shines more brightly than our commitment to sustainability. Mosaic is leading the crop nutrition industry, and we are leading with purpose.
We're growing our value to shareholders while achieving measurable and meaningful environmental and social progress," said Jim Prokopanko, President and Chief Executive Officer of The Mosaic Company.
"Our employees and stakeholders have played an important role in helping Mosaic identify opportunities to improve. This report reflects our focus on delivering industry-leading sustainability performance."
New Environmental Sustainability Targets:
Mosaic's strategic 2020 sustainability targets are designed to advance innovation across the company, drive resource conservation, and result in cost efficiencies and savings. They are the company's second set of publically announced sustainability-related goals since 2009.
•Reduce freshwater use by 10 percent per tonne of product produced; avoiding approximately 38 million cubic meters of freshwater withdrawal-or the water it takes to fill 15,000 Olympic-sized swimming pools.
•Reduce total energy use by 10 percent per tonne of product produced; avoiding the use of approximately 30 million gigajoules of energy-or the energy it takes to power about 660,000 homes for a year.
•Reduce greenhouse gas emissions by 10 percent per tonne of product produced (combined Scope 1 direct emissions and Scope 2 emissions from purchased electricity); avoiding the emission of approximately 3 million tonnes of CO2e-or the annual emissions produced by 580,000 cars.
"As global demand for food, water and precious natural resources increases, we are driven to improve how we operate and produce crop nutrients," said Joc O'Rourke, Chief Operating Officer of The Mosaic Company, who will become Mosaic's Chief Executive Officer effective August 5, 2015. "These water, energy and emissions targets build on our existing business strategy, and position us to stretch our environmental responsibility efforts even further."
2014 Sustainability Performance Highlights:
•8 percent improvement in annual recordable injury frequency rate safety performance, and Mosaic's third consecutive record year for safety performance
•99 out of 100 carbon disclosure score, and a grade of "A" for climate performance, in its annual disclosure to investors through CDP, formerly Carbon Disclosure Project
•7 million gigajoules of electricity produced in Mosaic's North America operations through cogeneration, the process of converting waste heat to energy. By producing and using its own clean energy, Mosaic avoided approximately 1.6 million tonnes of carbon equivalent emissions, which is comparable to powering about 40,000 homes
•90 percent of the water used at Mosaic's Florida phosphate and Saskatchewan potash operations was reused or recycled
•2 million trees were planted by Mosaic's phosphate business as part of its efforts to reclaim approximately 6,000 acres of land in Central Florida
•$17 million invested in food, water and local community programs and partnerships where Mosaic operates
•Fifth consecutive year on Corporate Responsibility Magazine's 100 Best Corporate Citizens list, and was recently named No. 40 on the 2015 list
Read The Mosaic Company's Sustainability Report at www.mosaicco.com/2014sustainabilityreport, use the GRI G4 Content Index and view the How We Lead infographic. For additional information, view Mosaic's 2014 Annual Review & Business Outlook released in April 2014 and reference archived sustainability reports and GRI tables.