ICL’s Board of Directors has implemented a far-reaching policy of Sustainable Development that combines social, economic and environmental considerations in all of its commercial operations.
As part of this policy, ICL will strive to take into account not only the welfare of its employees, customers, shareholders and suppliers, but the environment, the communities in which it operates and future generations. Sustainable Development considerations will be a key component of Company plans.
ICL’s strong commitment to Sustainable Development and social responsibility is expressed by its adoption of the principles of corporate social responsibility (CSR), as well as the principles of Responsible Care under the Responsible Care Global Charter of the global chemical industry.
CSR principles include contributing to society, taking responsibility for the safety, health and welfare of employees and visitors to the Company’s sites; reducing environmental impact; preparing for emergencies; responsibly managing products through their life cycles; administrative ethics, corporate governance, transparency with the community and authorities, and accountability.
Among the principles formulated by ICL to implement its Sustainable Development policy are the following:
- Managing the manufacture, distribution, use and treatment of its products in an environmentally responsible manner
- Using resources efficiently and effectively, while minimizing waste
- Adopting systems to identify, appraise and manage risk throughout the product life cycle
- Ensuring appropriate safety and hygiene in the workplace
- Developing environmentally safe and friendly products, production methods, treatment processes and distribution protocols
- Creating procedures and systems for emergency situations
- Encouraging transporters, suppliers and customers to focus on environmental issues
- Instilling Sustainable Development principles among employees
- Adopting international standards, including ISO, in the fields of environmental management and safety
- Striving for continuous improvement while complying with the law and going “beyond compliance”
ICL has established Board and management committees in the areas of ecology, safety & health and security to ensure ICL’s compliance with its Sustainable Development policies. The Board has appointed a senior executive to oversee all ecology, safety & health and security issues at ICL.