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Select SDGs to find out how we are taking action in support of the UN Substinable Development Goals
ICL’s approach is to comply with all provisions of the law, statutes, regulations, treaties, instructions and permits in all areas of its operations. On top of this compliance approach, ICL has taken on itself additional standards and internal procedures which line up with its values, principles and norms of behavior.
ICL’s ESG (Environmental, Social, Governance) practices embody the Company’s commitment to best-practice corporate governance and ensure that it conducts business in a way that will lead to sustainable growth while balancing the needs of its various stakeholders.
This commitment begins with ICL’s CEO, its Global Compliance Officer and its senior management, and extends throughout the organization.
The Company’s Board of Directors and the ICL management take various measures to ensure that the company conducts its business in accordance with its sustainable development guidelines.
ICL has created committees dedicated to monitoring and enforcing high standards of environmental, safety and social responsibility. These committees regularly consult with independent experts to evaluate ICL’s economic, social and environmental impact and to ensure compliance with all its legal obligations. ICL’s Global VP EHS is responsible for environmental, safety, occupational health and security issues, and all related risks. The VP EHS reports directly to ICL’s EVP Operations. The EVP Operations reports on these issues to ICL’s CEO, and, periodically, on his behalf, to the Board of Directors.
The Company’s sustainable practices integrate social, economic and environmental considerations into all its business activities. These practices stress social responsibility, which includes taking responsibility for the safety and wellbeing of its employees, reducing environmental impact, and creating a dialogue governed by transparent communication with authorities and communities, as well as other matters regarding sustainability.
ICL is committed to providing clear and transparent information to its stakeholders. As part of that commitment, the company designed a new investor portal on the company website, incorporating an Interactive Data Tool that provides current and historical company specific quarterly and annual financial data, ESG-related indicators and interactive charting capabilities, downloadable to Excel, making financial and ESG data more accessible and visible for investors.
Integrity, fairness and prevention of bribery and corruption are central values of ICL’s organizational culture.
As a leading global company, ICL is careful to comply with trade regulations and prevent bribery and corruption. For this reason, the company’s compliance policies and programs are characterized by a high standard of caution, adopting heightened European and American standards. These also include privacy laws, such as the GDPR.
ICL has multiple systems in place supporting its policies. These include training for employees and managers, hotlines, cybersecurity and more.
To ensure that ICL’s values are integrated into its day-to-day actions, it has set and published policies regarding:
ICL also has a policy of involvement and investment in society and the community. ICL focuses on being involved in and cooperating with the communities where its employees live and in which the Company operates.
