Published 11-21-11
Issued by The Mosaic Company
The report summarises progress on key initiatives in the areas of food, water, land, energy, air and people
The Mosaic Company (NYSE: MOS) has completed its second company-wide sustainability assessment and published a sustainability report summarizing progress on key initiatives in the areas of food, water, land, energy, air and people.
The report, available at www.mosaicco.com/sustainability/report, measures Mosaic’s progress on performance indicators established by the Global Reporting Initiative (GRI). As a leader in the crop nutrient industry, Mosaic is charting a global, comprehensive and proactive course for sustainability.
“Our 2011 sustainability report significantly expands on our inaugural report in 2009, demonstrating progress across the business, and our pledge for continual improvement to all of our stakeholders,” said Jim Prokopanko, Mosaic’s president and CEO.
Among the report highlights, Mosaic has: Reduced direct energy consumption in U.S. operations by approximately 21% and greenhouse gas emissions by 11%;
Recycled or reused approximately 95% of all water used in U.S. Phosphates operations and more than 80% in Canadian Potash business unit;
Reduced the lost-time incident frequency rate by 33% since 2009;
Ensured the long-term protection of approximately 21,000 acres of sensitive habitat via proposed, committed or executed conservation easements; and
Planted more than 1.3 million trees as part of land reclamation efforts in 2010.
“Mosaic is improving worldwide workplace safety, reducing our company’s carbon footprint, and being a good steward of our water resources and ecosystems throughout our global network. Most importantly, we’re helping farmers and communities grow enough food to live and thrive sustainably. Ultimately, these efforts align with Mosaic’s objective to not only maximize shareholder value, but to do so with integrity. Our investors expect a high level of commitment to sustainability, and as a corporate citizen, we are focused on exceeding those expectations,” Prokopanko said.
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The Mosaic Company is the world's leading combined producer and marketer of concentrated phosphate and potash, two of the primary nutrients required to help the world grow the food it needs. Mosaic engages in every phase of crop nutrition, from the mining of resources to the production of crop nutrients, feed and industrial products for customers around the globe. Our customer base includes wholesalers, retail dealers and individual growers in more than 40 countries.
Headquartered in Plymouth, Minn., Mosaic employs approximately 8,000 people in eight countries. Our shares trade on the New York Stock Exchange under the ticker symbol MOS.