We recognize our responsibility our shareholders, customers, suppliers, employees, the community and other stakeholders. We are strongly committed to managing our business in ways that lead to sustainable growth, balancing current needs with those of future generations while fulfilling all of our regulatory and moral duties. Where there is no legislation to regulate our activities, we strive to voluntarily adopt accepted global industry standards as a guide for our actions.
To monitor our progress in these areas, we set periodic quantitative targets to help us measure the economic, social and environmental impact of our activities.
Our commitment to sustainable development and social responsibility is reflected in our adoption of the principles of corporate social responsibility (CSR) and Responsible Care (as defined in the Responsible Care Global Charter of the global chemical industry (see Product Stewardship
)). We strive to conduct our operations in ways that are aligned with international best practices in the areas of fair employment, employee safety (including a culture of zero accidents), transparency in our operations, environmental protection and interaction with the communities in which we operate whilst respecting the need for preservation of human rights.
Transparency and Dialogue with our Stakeholders
Experience has shown that open dialogue is one of the most effective methods for achieving practical, comprehensive solutions to the long-term challenges that we face related to our stakeholders, including employees, suppliers, distributors, customers, government officials, academics, neighboring communities, NGO’s and community officials. We therefore take a proactive approach towards creating ongoing dialogue with the goal of fully understanding their needs and concerns and finding ways to balance their interests with our own.
To build trust, we strive for transparency regarding all of our operations, especially in relation to the safety of our own manufacturing operations, products, etc. Over the past few years, we have participated in public discussions regarding our industrial operations at the Dead Sea, our efforts to prevent pollution, our mine conservation projects, our adoption eco-friendly processes, and more.
We conduct our dialogue with stakeholders through several channels, including the ICL Community Advisory Panels (CAP). We presently operate 3 forums of this type in which representatives of our manufacturing facilities meet with representatives from surrounding communities and green organizations to discuss matters of joint interest.
Code of Ethics
Our corporate culture is based on a platform of six core values for the pursuit of long-term sustainable growth and prosperity. These values are expressed in our Global Code of Ethics, a guide first adopted by our Board in 2005 and which was upgraded in 2011 to become an advanced, global code that applies to all ICL Group companies in Israel and throughout the world. The code defines our rules of conduct for the Company as a whole, and for each ICL employee as an individual.
The code’s core values include:
- Fairness in business: We are required to be direct, honest, transparent and fair in all our business dealings.
- Responsibility: We take full responsibility for our actions and performance, and for meeting our stakeholders’ expectations.
- Excellence and constant improvement: We strive to be the best, and encourage everyone who works with us – our clients, suppliers and business partners – to pursue excellence as well. We work continuously to assure that the work and services that we offer, as well as the processes that we use in creating and delivering them, are of the highest quality. We are demanding of ourselves and others, and remain open to constructive criticism and suggestions for improvement.
- Respect towards others: We treat everyone with courtesy and respect, value different opinions, and embrace diversity. We allow people to express themselves, care about people’s well-being, and respect the need for life outside work.
- Commitment to safety: We are committed to protecting the health and safety of all the people who play a part in our operations, and of all the people who live in the communities in which we operate. We will not be satisfied until we succeed in eliminating all injuries, illnesses and unsafe conditions related to our operations.
- Commitment to the environment: Wherever we operate, we will conduct our business with respect and care for the local and global environment, and systematically manage risks to drive sustainable business growth. We will not be satisfied until we succeed in eliminating incidents of environmental arm from our activities. We seek to continuously improve the environmental performance of our products and operations.
The code’s primary rules of ethics are based on, and can be summarized by, three questions regarding methods of behavior:
If the circumstance were reversed, would the employee want to be treated, with regard to his/her rights, money or property, in the same manner in which he/she is likely to act with regard to others’ rights, money or property?
If the employee’s manner of conduct would be publicized or disclosed to the public, would he/she and the company be praised for his/her actions or would they be criticized?
If the public were to scrutinize the employee’s actions, and knew all of the facts, would it think his/her actions and the actions of the company were proper, honorable and reasonable?