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:
The code’s primary rules of ethics are based on, and can be summarized by, three questions regarding methods of behavior: