This report primarily summarizes the activities occurring in the period of calendar year 2011 in addition to our 2012 fiscal year, which began June 1, 2011, and ended May 31, 2012. This report is aligned with and supplements the information contained in our 10-K Report and our 2012 Annual Report and should be read in conjunction with the information in those reports.
In this year's GRI report, much of the information is provided on the basis of the calendar year. We departed from the fiscal year reporting, where possible, to allow for direct comparison of our sustainability data with our peers' sustainability data. As such, a significant portion of the data is for calendar year 2011 (depicted in the text as simply "2011"). For fiscal year reporting, references in this report to a particular fiscal year are to the 12 months ended May 31 of that year. For example, "fiscal 2012" or "FY2012" refers to the 12 months ending on May 31, 2012. In some cases we have not included historical information for every company time period. Generally, those omissions were due to concerns about data availability, consistency or because we determined that collecting such information would not add to the value of this report. Reporting generally covers actions and decisions for calendar year 2011. However, information and data from Mosaic's inception on October 22, 2004, through the company's fiscal year ended May 31, 2012, is also included where appropriate. This report includes entities over which Mosaic exercises majority control, including all their operations and departments that have the potential to generate significant impacts.
Mr. Neil Beckingham, Sustainability Manager, can be contacted by email at email@example.com.
Based on the GRI definition of materiality, Mosaic has developed a set of content indicators that focuses on the role key stakeholders play in Mosaic, including our customers, employees, shareholders and communities. To meet our vision of accountability and transparency around the key indicators that Mosaic and our stakeholders consider most relevant, we focus reporting in the areas of food, environment, people, community and company, as detailed below.
Helping the world grow the food it needs is what gives our business purpose. Mosaic's continual focus on new product development ensures we can meet the unique needs of growers in every part of the world. Our products, agronomic expertise and financial support for the Mosaic Villages Project help smallhold farmers in Guatemala, India and seven countries in Africa move from subsistence farming to producing a surplus. Mosaic promotes the efficient use of crop nutrients so farmers can maximize crop yields and mitigate potentially negative environmental impacts stemming from improper use.
Mosaic's crop nutrients play a crucial role in nourishing the crops that are needed to feed our growing global population, and our respect for the earth is fundamental. We demonstrate our commitment to environmental sustainability through our land reclamation and water conservation efforts, our nutrient stewardship and our cogeneration projects. Mosaic works to optimize our production processes and reduce our environmental footprint. We are also committed to educating growers on the sustainable use of our products.
Mosaic aims to be the employer of choice for an engaged, inclusive workforce, and we are committed to preserving a safe, healthy and respectful work environment. We are proud of our stringent safety programs for employees and contractors alike. Additionally, all Mosaic employees, service providers and contractors are held to the same high standards outlined in Mosaic's Code of Business Conduct and Ethics.
Our community investment focus is simple and direct—we seek out projects in the areas of food and water, as well as projects that benefit our local communities. As a global leader in the crop nutrient industry, Mosaic recognizes the importance of partnering with industry associations, non-profit organizations and stakeholders both globally and in local communities where we operate. We are proud of the long-term economic impact we make in our communities, as well as the improved profitability and quality of life we help achieve for farmers and their families.
Mosaic's sustainability goals are closely aligned with our operational and financial goals. We respond annually to the Carbon Disclosure Project and utilize the Global Reporting Initiative's G3.1 framework with the Mining and Metals Sector Supplement to report on our environmental and sustainability performance. Mosaic is a signatory to the United Nations Global Compact, affirming our deep commitment to operate according to universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
Operating units and subject matter experts from throughout Mosaic's global enterprise provided support for data collection and analysis. These units include Phosphate operations in Florida and Louisiana and Potash operations in New Mexico and Michigan in the U.S. and in Saskatchewan, Canada. Our subsidiaries in Argentina, Brazil, Chile, China and India, are included, unless otherwise specified.
Data collection was managed globally, geographically and at the business unit level. Our approach to data collection was based on verifiable facts within the specified boundaries. Before publication, Mosaic conducted a final validation process to ensure the accuracy of information provided. This process was supplemented by:
Validation steps for data included:
The report covers our global operations. However, this report does not specifically cover projects where Mosaic is not the majority shareholder, or in the primary on-site project management role.
Information regarding Mosaic's joint ventures and subsidiaries are detailed in our 10-K Report.
Mosaic's data management techniques and bases for calculations employed are expressed and summarized within this report and in relevant sections wherein data is reported. Mosaic collects data and performs calculations in general accordance guidance provided by the GRI Indicator Protocols.
Relevant data from previous years has been restated in the Energy and Environment sections to provide context for current reporting year figures as well as to evaluate performance in these areas.
There are no major changes from the 2011 Reporting Year, although it is noteworthy that Mosaic strives to continuously improve our reporting standards. Mosaic has reported to the following GRI Sustainability Reporting Guidelines G.3.1 for the first time this year: Strategy and Analysis, Organizational Profile, Report Parameters, Governance, Commitments and Engagement, and the GRI Mining and Metals Sector Supplemental Indicators MM1 through MM11.
Mosaic authorized Trucost Plc to perform a third-party verification of greenhouse gas emissions data and calculations for Scope 1 and Scope 2 emissions for 2011. Trucost evaluated Mosaic's data, methodologies and calculations and provided a statement of assurance in accordance with emissions data validation standard AA1000AS criteria.