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Corporate Social Responsibility
News
9.06.2006 - 09:43am ET
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PotashCorp Releases Fourth Annual Sustainability Report
Triple-bottom-line report explores company's place in the world
(CSRwire) Saskatoon, Saskatchewan - Potash Corporation of Saskatchewan Inc.
(PotashCorp) today began distribution of its fourth Sustainability Report
- One World - which documents the company's economic, social and
environmental performance in 2005.
"This report further demonstrates PotashCorp's commitment to identifying
and implementing sustainable business practices for the benefit of the
company and its numerous stakeholders," said Bill Doyle, President and
Chief Executive Officer. "In adopting the "One World" theme, we are
recognizing that as a global company our future success is intimately
intertwined with global developments. By pursuing sustainability,
PotashCorp is working to make a positive difference in one world - our
world."
Among the report's highlights:
Charitable giving and community contributions were at an all-time high
in 2005, a year that saw the company give $1 million in tsunami relief and
$250,000 to aid the victims of Hurricane Katrina.
Between 2002 and 2005, energy efficiency improved 19 percent at the
company's potash facilities and 14 percent at its phosphate operations.
Direct greenhouse gas emissions were reduced by 5.3 percent in 2005.
Record-breaking economic results had a positive effect on the overall
economic impact in the communities where PotashCorp does business.
Creation of a Senior Safety Leadership Team revitalized the company's
safety efforts.
Additional information and performance measures are included as a
result of adopting the new draft G3 reporting guidelines established by
the Global Reporting Initiative.
Additional copies of the document can be ordered from PotashCorp's U.S.
Administrative Headquarters in Northbrook, Illinois or viewed online at http://www.potashcorp.com/sustainability/reports/.
PotashCorp is the world's largest fertilizer enterprise producing the
three primary plant nutrients and a leading supplier to three distinct
market categories: agriculture, with the largest capacity in the world in
potash, third largest in phosphate and fourth largest in nitrogen; animal
nutrition, with the world's largest capacity in phosphate feed
ingredients; and industrial chemicals, as the largest global producer of
industrial nitrogen products and one of only three North American
suppliers of industrial phosphates.
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