ICL@ a glance

ICL Group Ltd. is a leading global specialty minerals and chemicals Company that creates impactful solutions for humanity’s sustainability challenges in global food, agriculture, and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its professional employees, and its strong focus on R&D and technological innovation to drive growth across its end markets. ICL’s operations are organized under four segments: Industrial Products (Bromine), Potash, Phosphate Solutions and Innovative Ag Solutions. \

Our principal assets include:

Access to one of the world’s richest, longest life and lowest cost sources of potash and bromine (the Dead Sea).
Potash mine and processing facilities in Spain. The Company is in the process of consolidating its potash operations in Spain into one site.
Bromine compounds processing facilities located in Israel, the Netherlands and China.
A unique integrated phosphate value chain, from phosphate rock mines in Israel and in China to our value added downstream products in Israel, Europe, the United States, Brazil and China. Our specialty phosphates serve the food industry by providing texture and stability solutions to the meat, meat alternatives, poultry, sea food, dairy and bakery markets and many industrial markets such as metal treatment, water treatment, oral care, carbonated drinks, asphalt modification, paints and coatings and more.
Polysulphate® resources in the United Kingdom.

ICL has a focused and highly experienced team of technical experts that develop production processes, new applications, formulations and products for our agricultural and industrial markets.
As of the end of 2021, ICL’s direct workforce was comprised of 12,269 employees (not including 964 temporary employees), compared with 10,786 employees at the end of 2020 – an increase of 1,483 employees. This increase is mainly due to the acquisitions of Fertiláqua and ADS.

It also has a strong crop nutrition sales and marketing infrastructure that optimizes distribution channels of commodity, specialty and semi-specialty fertilizers by leveraging its commercial excellence, global operational efficiency, region-specific knowledge, agronomic and R&D capabilities, logistical assets and customer relationships.

An extensive global logistics and distribution network with operations in over 30 countries.
The acquisitions of Fertiláqua and ADS have helped position ICL as the leading specialty plant nutrition company in Brazil.

Research & Development and Innovation: We benefit from our proximity to Israel’s global leading high-tech and agri-tech eco-system, as well as our vast agronomy and chemistry knowledge that we have accumulated over decades. Our extensive global R&D infrastructure includes 26 R&D and Innovation centers around the world that employ 300 highly experienced personnel who have obtained 770 patents in 220 patent families. ICL’s R&D unit supports the development of new, innovative products, applications and formulations for each of our operating segments through internal research, employee ideation and collaborative research with third parties.

In 2021, we invested approximately $122 million on environmental related projects, out of which $52 million were in our property, plant and equipment, and $70 million in on-going environmental protection. Over the next few years, we intend to invest significant capital to further reduce our air emissions, treat hazardous materials and reduce our overall negative environmental impact. These include investments required to comply with the Israeli Clean Air Law, European environmental regulation, and other regional environmental regulation. We estimate that in 2022 we will spend approximately $197 million on environment related purposes.

ICL entered into a €250 million sustainability-linked loan (“SLL”) agreement. The loan is an innovative step forward in our ongoing sustainability efforts and includes three sustainability performance targets. These targets were designed to align with our sustainability strategy and goals, and each will be assessed at specific times during the term of the loan by third-party certification.

Ambition Creates Excellence (ACE) with the purpose of developing a standard energy efficiency methodology to be applied at all its sites. ACE’s energy efficiency projects range from company-wide energy management and conservation methodology programs to production equipment optimization and raising awareness of energy conservation among ICL’s employees and contractors.

ICL’s monetary donations in 2021 amounted to approximately $8 million (including the amount invested in the Visitor Center).

In addition, during 2021, ICL contributed, at the Company’s expense, about 12,755 hours of volunteer work of its employees. This amount does not include 12,680 hours of volunteer work after working hours, which was encouraged, organized, and logistically facilitated by ICL.

For the year ended December 31, 2021, we generated total sales of $6,955 million, operating income of $1,210 million, adjusted operating income of $1,194 million, net income attributable to the shareholders of the Company of $783 million and adjusted net income attributable to the shareholders of the Company of $824 million. See “Item 5 – Operating and Financial Review and Prospects – A. Operating Results – Results of Operations”.
ICL is a public company and its shares are dual-listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE).

For more information, please visit the Company’s website at www.icl-group.com

Sustainability Reporting Disclosures:

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ICL@ a glance

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