Mosaic 2013 Sustainability Report
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Mosaic 2013 Sustainability Report

 
June 02, 2014   |   ShareThis

Plymouth, Minn., June 2, 2014 — Two years ago, The Mosaic Company (NYSE: MOS) committed to reducing absolute greenhouse gas emissions by 10 percent and greenhouse gas intensity by 5 percent from 2005 levels in the company’s North American phosphate operations. The goal was to achieve these targets by 2015.

Today, Mosaic—the world’s largest combined producer of phosphate and potash crop nutrients—announced it is on track to outperform that greenhouse gas reduction target. According to the company’s fifth annual Sustainability Report, Mosaic’s phosphate business unit reduced annual absolute Scope 1 and 2 greenhouse gas emissions by 21 percent (excluding ammonia), and decreased emissions intensity by more than 15 percent since 2005. The report also discloses information on more than 95 Global Reporting Initiative (GRI) G3.1 indicators and the Mining and Metals sector supplement to an externally verified “A+” standard.

“Despite the extremely challenging business conditions in the crop nutrition industry last year, we upheld our commitment to sustainability and continued investing in initiatives that help us work safer, conserve energy and water, and support the communities where we live and work,” said Mosaic President and CEO, Jim Prokopanko. “We’re encouraged by our results thus far, and look forward to achieving even greater performance.”

In 2013, Mosaic scored 97 out of 100 and a grade of “A” for climate performance in its annual disclosure to investors through CDP, formerly known as the Carbon Disclosure Project. This earned the company a place on two S&P 500 sustainability indices: the 2013 CDP S&P 500 Climate Disclosure Leadership Index, which highlights companies displaying a strong approach to disclosing climate change-related information; and the CDP S&P 500 Climate Performance Leadership Index, which recognizes companies demonstrating a commitment to improving their environmental impact.

“We have demonstrated that Mosaic’s sustainability efforts lead to greater shareholder value, and help us draw closer to achieving our mission of helping the world grow the food it needs,” said Prokopanko. “The quest for global food security is complex; rapid world population growth, the expanding middle class and energy constraints all contribute to that complexity. It’s clear that agricultural production must increase—but it must do so sustainably.”

To assist the company in defining the issues most material to stakeholders, Mosaic worked with a third-party auditor to conduct a study of more than 50 material issues in 2013. The impartial information will also help the company prioritize future sustainability goals and actions.

2013 Sustainability Report results contributing value to Mosaic shareholders:

  • Safety: Mosaic is committed to the relentless pursuit of an injury-free workplace. The company’s overall 2013 safety performance was statistically its best ever, with a 6 percent improvement in key safety performance measures.
  • Energy: Mosaic produced approximately 6.24 million gigajoules of electricity through cogeneration, the process of converting waste heat to energy—resulting in enough energy to satisfy 44 percent of companywide electrical demand. By producing and using its own clean energy, Mosaic avoided approximately 1 million tonnes of carbon equivalent emissions, which is comparable to taking an estimated 205,000 average U.S. cars off the road.
  • Water: In 2013, Mosaic reused or recycled approximately 90 percent of the water used at its Florida phosphate manufacturing operations, contributing to the business unit’s 50 percent decrease in groundwater use over the last 20 years. Mosaic’s Canadian potash shaft facilities satisfied approximately 80 percent of water needs through recycling and reuse.
  • Land: Mosaic’s mining operations represent a temporary use of the land. The company is leading the industry in developing effective, acre-for-acre methods of returning mined lands to productive uses for both wildlife and people. As part of this process, Mosaic planted approximately 1.3 million trees in 2013. Mosaic’s phosphate business unit mined 2,255 acres and reclaimed 6,474 acres in Central Florida in 2011; the Florida Department of Environmental Protection Mining and Mitigation Program is reviewing 2012 figures. 
  • Community: Mosaic continued supporting its communities through targeted corporate giving, employee donations and volunteer work. In 2013, The Mosaic Company, The Mosaic Company Foundation and The Mosaic Institute in Brazil invested a combined $27.1 million in food, water and local community programs. Funding also supports The Mosaic Villages Project, a smallholder farmer initiative started in 2008. The project helps families break the cycle of hunger and poverty by increasing yields an average of three to five times over traditional farming practices.
  • Recognition: Mosaic has been recognized on Corporate Responsibility Magazine’s 2013 and 2014 100 Best Corporate Citizens list, known as the world’s top corporate responsibility ranking based on publicly available information. 2014 marks the fifth consecutive year Mosaic has been named to the list, ranking No. 1 among mining and crop nutrition companies and No. 53 overall.

Read The Mosaic Company’s 2013 Sustainability Report, which includes a Q&A with CEO Jim Prokopanko, year-over-year comparative highlights and GRI tables. For additional information, view Mosaic’s 2013 Annual Review & Business Outlook released in April 2014 and reference archived sustainability reports and GRI tables.


To view the press release on CSR Wire: The Mosaic Company Announces Greenhouse Gas Reduction Progress and Companywide Sustainability Performance