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SEARCH: SDG 1 - No Poverty

Impact on Israel’s Economy
Impact on Israel’s Economy
ICL’s contribution to the public interest is reflected in a range of aspects. Every year, ICL invests significant amounts to develop its industrial capabilities. It supports the livelihoods of approximately 32,000 families across Israel (directly and indirectly) and serves as the economic backbone of the Negev region. ICL commissioned  a study, by BDO, on its impact on several economic and social indicators in Israel. The study, published in 2020, found that in 2019, ICL’s contribution to Israel’s GDP (Gross Domestic[...]
Aligning with the UN’s Sustainable Development Goals
Aligning with the UN’s Sustainable Development Goals
ICL views the UN sustainable development goals (SDGs) as guiding principles on its path to developing new products and finding new uses for existing products. ICL supports the UN SDGs and was among the first companies in the world to incorporate them into its business ideals, and use them to define its priorities in reporting on sustainability related activities. https://youtu.be/d7b_DoqcMocIn 2015, the United Nations updated its Millennium Goals to define a set of 17 Sustainable Development Goals (SDGs) to be[...]
Economic Responsibility
Economic Responsibility
ICL leverages its resources and assets to enhance its growth. Economic Performance Selected Financial Information units201920202021Sales$ millions5,2715,0436,955Operating income$ millions7562022,611Adjusted operating income$ millions7605091,194Total adjusted net income - shareholders of the Company$ millions479258824Cash Flow from Operating Activities$ millions9928041,065 Economic Value Retained ($ millions)​ 2021 Revenues 6,955 Operating costs* 4,380 Employee wages and benefits 1,295 Payment to providers of capital 388 Royalties to governments 78 Payments to governments** 145 Community investments 8 Economic value retained 661  *Excluding payments of royalties to governments.** Includes only current taxes. Tax policy As a leading global specialty minerals company, we create impactful solutions[...]
Impact on Local Economy
Impact on Local Economy
ICL invests significant resources in developing and innovating. As part of its business activity, the Company also supports the livelihood (directly and indirectly) of thousands of families in the regions in which the Company operates. Over the years ICL had commissioned a few studies regarding the economic and social impacts in areas where the Company has major production facilities. 1.2 By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty[...]
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