STOCK TITAN

ICL Awarded Prestigious Gold Medal by EcoVadis

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

ICL (NYSE: ICL) has received a gold medal rating from EcoVadis, placing it in the top 5% out of 75,000 companies evaluated. This recognition emphasizes ICL's commitment to sustainability across four key themes: environment, labor rights, ethics, and sustainable procurement. Nitzan Moshe, EVP of Global Operations, stated that the company aims to improve its sustainability practices continuously. ICL operates globally in specialty minerals, focusing on solutions for food, agriculture, and industrial markets, with 2020 revenues around $5.0 billion.

Positive
  • Awarded gold medal rating by EcoVadis, ranking in top 5% of 75,000 companies.
  • Recognition highlights ICL's strong sustainability practices.
Negative
  • None.

Rating recognizes ICL in top 5% of 75,000 companies

TEL AVIV, Israel--(BUSINESS WIRE)-- ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has been awarded the prestigious gold medal rating by EcoVadis, for the first time, meaning it is ranked in the top 5% out of 75,000 rated suppliers.

“We are thrilled to be able to share this rating with our customers, who trust us as a global supplier with sustainability standards aligned with their own,” said Nitzan Moshe, executive vice president of global operations for ICL. “While ICL is proud of this achievement, we are not standing still. We plan to continue advancing our rating, by minimizing any gaps in our rating, by improving our practices in all areas of sustainability, and by demonstrating our continued commitment to all of our stakeholders.”

EcoVadis is the world’s largest and most trusted provider of business sustainability ratings, and procurement teams at more than 600 global companies use these ratings to make purchasing decisions every day. The assessment is across four themes – environment, labor and human rights, ethics, and sustainable procurement – and evaluates how well a company has integrated the principles of sustainability into its business. The methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000, and covers more than 200 categories and 160 countries.

About ICL

ICL Group is a leading global specialty minerals company, which also benefits from commodity upside. The company creates impactful solutions for humanity's sustainability challenges in global food, agriculture, and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees, and its strong focus on R&D and technological innovation to drive growth across its end markets. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,000 people worldwide, and its 2020 revenues totaled approximately $5.0 billion.

For more information, visit ICL'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.

Investor Relations Contacts

Peggy Reilly Tharp

VP, Global Investor Relations

+1-314-983-7665

Peggy.ReillyTharp@icl-group.com

Dudi Musler

Director, Investor Relations

+972-3-684-4448

Dudi.Musler@icl-group.com

Press Contact

Adi Bajayo

Scherf Communications

+972-52-4454789

Adi@scherfcom.com

Source: ICL Group LTD

FAQ

What is the significance of ICL's gold medal rating from EcoVadis?

ICL's gold medal rating from EcoVadis signifies that it is recognized among the top 5% of 75,000 companies for its sustainability practices.

How does EcoVadis evaluate companies like ICL?

EcoVadis evaluates companies based on four themes: environment, labor and human rights, ethics, and sustainable procurement.

What are ICL's key business focuses?

ICL focuses on specialty minerals solutions for food, agriculture, and industrial markets.

What were ICL's revenues in 2020?

ICL's revenues totaled approximately $5.0 billion in 2020.

How does ICL plan to improve its sustainability practices?

ICL plans to enhance its sustainability practices by minimizing gaps in its EcoVadis rating and continuously demonstrating commitment to stakeholders.

ICL Group Ltd.

NYSE:ICL

ICL Rankings

ICL Latest News

ICL Stock Data

5.68B
1.29B
44.05%
26.15%
0.08%
Agricultural Inputs
Basic Materials
Link
United States of America
Tel Aviv