ICL Announces Inclusion in FTSE4Good Index Series

Rhea-AI Summary

ICL Group Ltd (NYSE: ICL) has been included in the FTSE4Good Index Series, which recognizes companies with strong environmental, social, and governance (ESG) practices. This independent validation highlights ICL's commitment to enhancing its ESG efforts and transparency. CEO Raviv Zoller emphasized that the recognition aligns with ICL's leadership role in addressing UN sustainability development goals. The company has also received accolades from notable organizations, including Bloomberg and EcoVadis, reflecting its dedication to sustainability and responsible governance.

Positive

• Inclusion in FTSE4Good Index Series, signaling strong ESG practices.
• Recognition from various independent third parties, enhancing reputation.
• Supporting UN sustainability development goals, appealing to socially responsible investors.

Negative

• None.

TEL AVIV, Israel, July 13, 2020 /PRNewswire/ --  ICL Group Ltd (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced it was included in the FTSE4Good Index Series. Created by global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices. The FTSE4Good Indexes are used by a wide variety of market participants to create index-tracking investment products, financial instruments and fund products focused on sustainable investment.

Mr. Raviv Zoller, CEO, commented: "We are pleased that ICL continues to receive independent validation of third parties for our continuous focus on enhancing ESG practices and the transparency of our reporting. As a leading multinational company, we have a wide range of stakeholders, including investors, employees, business partners, regulatory authorities and communities. We believe that our strategic focus on ESG allows us to address a broad set of business and regulatory requirements, as well as to maintain a leadership role with respect to addressing the UN sustainability development goals (SDGs)."

Over the last two years, ICL has been recognized for its ESG's initiatives by various independent third parties, including Bloomberg (highest ESG disclosure ranking among fertilizer companies and inclusion in Gender-Equality Index), the Ma'ala Sustainability Index ('Platinum+' ranking), CDP Carbon Report (A- score in 2019 report), Entropy Group (corporate governance upgrade), IFA (Industry Stewardship Champion Gold Medal) and EcoVadis (Silver ranking for sustainability assessment as a global supplier). See also the ICL Corporate Responsibility advanced web report.

About ICL

ICL Group LTD is a leading global specialty minerals and chemicals company operating bromine, potash, and phosphate mineral value chains in a unique, integrated business model. ICL extracts raw materials from its unique mineral assets and utilizes technology and industrial know-how to add value for customers in key agricultural and industrial markets worldwide. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs over 11,000 people worldwide, and its 2019 revenues totaled approximately $5.3 billion.

For more information, visit the Company's website at www.icl-group.com.

To access ICL's interactive Corporate Social Responsibility report, please click here.

You can also learn more about ICL on Facebook, Linkedin and Instagram

PRESS CONTACT
Dudi Musler
Scherf Communications
+972-52-4447750 
Or-li Kasuto Madmon
Orli@scherfcom.com  
                                                       
INVESTOR RELATIONS CONTACT
Investor Relations Manager
+972-3-684-4448
Dudi.Musler@icl-group.com

 

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SOURCE ICL

FAQ

What does ICL Group's inclusion in the FTSE4Good Index Series mean?

ICL Group's inclusion indicates recognition for its strong ESG practices, which can attract socially responsible investors.

When was ICL Group included in the FTSE4Good Index Series?

ICL Group was included in the FTSE4Good Index Series on July 13, 2020.

What companies recognized ICL Group for its ESG initiatives?

ICL Group has been recognized by Bloomberg, EcoVadis, and other organizations for its ESG initiatives.

How does ICL's ESG focus benefit its stakeholders?

ICL's ESG focus helps meet broad business and regulatory requirements, benefiting investors, employees, and communities.