SEARCH: SDG 8 - Decent Work and Economic Growth

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[...]

ICL’s Boulby mine is the deepest mine in the UK and has been operating for 50 years. The Boulby mine has produced potash for many years and currently it is the world’s first and only polyhalite mine. The mine is a central part of the local economy. It is estimated that ICL’s Boulby mine contributed £115 million to the UK economy in the 2019 financial year. 9.2 Promote inclusive and sustainable industrialization and, by 2030 significantly raise industry’s share of[...]

The Occupational Health (OH) field at ICL manages the recognition, evaluation, prevention and control of workplace hazards and other environmental factors that can have a negative impact on the health and safety of workers or other individuals in proximity to the workplace. Occupational Health deals with all aspects of health and safety in the workplace and has a strong focus on primary prevention of hazards." (WHO).  Occupational health (OH) is a multidisciplinary field of healthcare dedicated to employee health in[...]

ICL attributes great importance to fair working conditions for all of its employees. These include contractor employees who are not considered Company employees but who work at Company sites (mostly in Israel). The implementation of this policy is executed by site managers, and is monitored by HR and ICL’s Global Procurement Organization (GPO) in Israel. Uniform enforcement procedures regarding these contractors are executed in a similar manner at all ICL sites, on a continuous basis. ICL operates under many agreements[...]

ICL considers its human capital as the most important resource. ICL strives to be an Employer of Choice, which starts with being a fair and responsible employer. The welfare and wellbeing of ICL’s employees is a top priority. ICL has established various mechanisms to support the welfare and wellbeing of its employees. The Company’s approach is holistic, incorporating both development and support on a wide range of aspects. Israel In Israel, ICL has an internal team of professional social workers[...]

ICL is determined to strengthen its position as an Employer of Choice. The Company aims to be a favorable place to work in every region in which it operates.  Being an Employer of Choice (EoC) is one of ICL’s main cultural values and long-term strategic goals. This requires ICL to be trustworthy, transparent, and accountable, with the resolve to engage with its employees, fairly and respectfully. The Company aspires to be an attentive organization, a place where its employees are[...]

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[...]

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[...]

ICL strives to be an Employer of Choice, and as such, continually promotes equality, including the employment and promotion of women at its sites around the globe. This effort requires searching more diligently, and in more diverse places, for the best talent. To further its vision, ICL has created a global plan to make ICL a diverse company, with an inclusive atmosphere, where each employee feels a true feeling of belonging. This plan provides opportunities for employees, creates value, and[...]

ICL encourage its employees to learn, develop, grow and foster self-fulfillment towards their ambitions. The Company’s global learning division creates, promotes, and fosters individual and organizational effectiveness by developing and offering an array of global, innovative, and diverse programs in support of ICL’s commitment to employee development, partnerships, and organizational enrichment. Learning and Development ICL views on-going learning as an integral part of the work experience. The Company empowers employees to take their development into their own hands by proactively[...]

The Phoenix Plan is a strategic project which includes the industrial development of the Bages basin.  It has considerable impact on the infrastructure and logistics of the area, and will affect international markets. With an initial investment of more than 240 million euros, the Phoenix Plan involves the extension and modernization of ICL’s facilities, improvement of transport infrastructure, expansion of logistics facilities at the Port of Barcelona, and increased production of salt and potash. 8.2 Achieve higher levels of economic[...]

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[...]

ICL Iberia (Iberpotash) is one of the economic engines of Bages County, where ICL Iberia (Iberpotash) headquarters are located, 75 kilometers from Barcelona. It is a leading company in terms of revenues, and one of the largest among the 2,700 companies that operate in Bages. In addition, ICL Iberia (Iberpotash) provides direct employment for approximately 1,100 people. 9.2 Promote inclusive and sustainable industrialization and, by 2030 significantly raise industry’s share of employment and gross domestic product, in line with national[...]

It is with great satisfaction that we present our 2021 Corporate Responsibility (ESG) report. Our efforts and achievements are especially noteworthy in light of the stormy weather building up globally on many environmental, social, and economic fronts, including the global food and other industry-related markets ICL is involved with. We are living through a period of uncertainty that serves as a test to any organisation. However, ICL also recognizes this period of peril as a time to bring about a[...]