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Management Approach

As part of its commitment to top-tier ESG performance, ICL set guidelines that establish high standards for ESG management. ICL ensures that the required procedures, controls, training programs, and resources are in place to achieve excellence in all ESG dimensions. ESG KPIs are an integral part of the performance evaluation of managers at all levels and are linked to executives’ financial incentives. \

ICL manufactures products on four continents and markets them to thousands of customers in more than 180 countries, meeting the evolving needs of millions of people around the globe. To accomplish this, the Company uses various natural resources such as raw materials, energy, and water. ICL strives to minimize the environmental impact of its operations. The Company has a systematic approach to managing environmental issues that includes: raising awareness, allocating significant resources to mitigate risks, acting responsibly and implementing best practices. Throughout the Company there is a continuous effort to reduce environmental impact and aim for excellence and innovation. Employees go through training on various ESG subjects throughout the year, with a concentrated effort to raise awareness in an annual ESG week. ESG KPIs are an integral part of the performance evaluation of managers at all levels and are linked to executives’ financial incentives.

ICL follows global CDP and GRI frameworks in its reporting. It has also begun to report on SASB indicators. ICL has included TCFD disclose in its 2021 Annual Report. ICL incorporates SDGs in defining its material priorities.

As part of ICL’s strategy, a gap analysis for the Company’s ESG performance and stakeholders’ materiality analysis is conducted on an annual basis and reviewed by its executives. Based on this analysis the Company’s business units create an action plan.

ICL, a specialty mineral company, is aware of the potential impact of its operations and products. Environmental, safety, health and security performance are at the core of ICL’s efforts. Thus, the Company invests in environmental protection, preventing pollution and increasing the efficiency of its production facilities. As part of its sustainability vision for 2030, ICL has established both short and long-term goals for its sustainable performance, including a commitment to carbon neutral by 2050.

Significant efforts and resources are invested to comply with regulations and corporate goals, exercising a proactive approach.

ICL is committed to eliminating EHS&S incidents and complying with all regulatory requirements by taking a proactive approach that empowers employees to identify at-risk conditions and behaviors and learn from them to minimize risk.

Some of ICL’s products are potentially harmful to the environment and the health and safety of the public as a result of the effluents, air emissions and waste that are generated during their production, as well as at other stages of the products’ life cycle.

As part of its ICL EHS&S policy, the Company engages in initiatives aimed at reducing its environmental impact. The efforts are taken in multiple dimensions, such as the responsible use of natural resources, increasing circularity and energy efficiency, reducing air pollution and waste, and responsible use and ‘end of life’ of ICL products. The Company also acts to promote an ongoing, honest and transparent dialogue with its stakeholders.

Environmental, safety, health and security performance are at the core of ICL’s values

ICL’s environmental guidelines take a proactive approach, characterized by the voluntary adoption of advanced international environmental management principles and programs, e.g. participation in the Responsible Care program administered by the International Council for Chemicals Association (ICCA) and founded on principles of Product Stewardship. ICL incorporates the ‘precautionary principle’ in its operations and in its development and sales of the Company’s products.

All major energy consuming sites have been accredited by ISO 50001 or the internal standard. In total, 14 out of 17 of ICL’s largest sites have been accredited by ISO which are accountable for approximately 90% of ICL’s total global energy consumption.

 

ICL’s direct impact is from its operations. The reported performance data includes all production sites with operational control, with the exception of the newly acquired sites in Brazil. Information regarding biodiversity and mining is relevant to five of ICL’s mining sites.  This management approach is relevant to all material environmental topics. In areas where there is more relevant information, specific to a given material topic, additional details can be found in that topic section within this report.

Implementing an Enterprise Smart Management system (ESM)

As part of ICL’s strategy for a sustainable future and high level ESG performance, ICL has created an ESM project with several ambitious goals:

  1. Unify and efficiently control ICL’s operational processes.
  2. Create transparency and implement Learning Organization processes.
  3. Establish an organizational environment that is in control and proactive. 

To achieve these goals ICL has implemented globally leading  data management  solutions. ESM includes Enterprise Risk Management (ERM), which allows ICL to track and analyze EHSQ&S events, manage sustainability performance, remain in compliance, perform audits and more.  The solutions have been implemented in all of ICL’s production sites and in several of ICL’s major logistics companies and offices worldwide, and includes thousands of active users.

Sustainability Reporting Disclosures:
Disclosure: 103-1
Disclosure: 103-2
Disclosure: 103-3
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