FMC Issues ‘Built for Progress’ Sustainability Report for 2016
Latest report details third-party recognition and noteworthy momentum toward key 2020 and 2025 goals.
FMC Corporation (NYSE:FMC) released its 2016 report on the company’s global sustainability performance, including progress toward its goals published in last year’s report as well as business-wide efforts to address climate change. The report, "Built for Progress," is FMC’s sixth annual update, and is aligned with GRI (Global Reporting Initiative) Standards.
“Sustainability is a fundamental part of FMC’s structure and culture,” said Pierre Brondeau, FMC president, CEO and chairman. “We embrace a focused approach to engaging stakeholders and customers to create value and build momentum to address some of the world’s toughest challenges.”
The report details progress on the company’s 2025 environmental impact goals and 2020 goals for safety, innovation and community engagement. It also summarizes FMC’s vision to be a leading, innovative provider of technologies that help feed and power a growing population. This vision is supported by five core principles that guide the company’s global workforce:
- Be Safe, Ethical and Sustainable Stewards
- Drive Innovation in Technology
- Recruit and Develop an Exceptional and Diverse Workforce
- Be More Agile and Efficient
- Maintain a Global Reach with a Local Focus
“We have made meaningful and measurable strides over the past few years and continue to deepen our commitment to sustainability,” Brondeau added. “We intend to accelerate our progress by proactively addressing the environmental impact of our products and maintaining robust product stewardship programs as we help to feed and power a growing population.”
Achievements cited in FMC’s 2016 report include:
- Earned a score of A- on its first submission to the Carbon Disclosure Project, recognizing FMC’s leadership in addressing climate change
- Demonstrated improved safety performance through significant reductions in the total recordable incident rate
- Increased R&D spending to develop more sustainably advantaged products
- Made progress toward several 2025 environmental targets
- Achieved LEED Gold Certification for its office interior space at the company’s global headquarters in Philadelphia
Additional information about FMC's sustainability initiatives, including an online copy of the 2016 report, is available at www.FMCsustainability.com.
About FMC
For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. Revenue totaled approximately $3.3 billion in 2016. FMC employs approximately 6,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. On March 31, 2017, FMC announced the signing of a definitive agreement to acquire a significant portion of DuPont's Crop Protection business and to sell FMC Health and Nutrition to DuPont. Closing is expected to occur in the fourth quarter of 2017. For more information, visit www.FMC.com.
Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2016 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.
Media Contact:
Linda Froelich
Director, Corporate Sustainability
+1 215-299- 6000
