IFA Reaffirms PhosAgro as Industry Stewardship Champion for Its Responsible Approach to Production
PhosAgro has been revalidated as an Industry Stewardship Champion by the International Fertilizer Association (IFA) for its responsible production practices. This recognition, first awarded in 2019, signifies excellence in Safety Performance, Environmental Performance, and Energy Efficiency. The company invests over RUB 8 billion annually in environmental protection and adheres to strict environmental laws. CEO Andrey Guryev emphasizes the commitment to industrial safety and employee health as key priorities.
- Reaffirmation as an Industry Stewardship Champion highlights strong corporate governance.
- Investment of over RUB 8 billion annually in environmental protection demonstrates commitment to sustainability.
- All production sites meet stringent environmental standards, enhancing brand reputation.
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MOSCOW, Jan. 24, 2022 /PRNewswire/ -- The International Fertilizer Association (IFA) has confirmed PhosAgro's status as an Industry Stewardship Champion for its responsible and sustainable approach to production. The Company was first recognised for this achievement in 2019.
The IFA's Industry Stewardship Champion label is granted to companies that are IFA Protect & Sustain certified and actively participate in all IFA benchmarks on Safety Performance, Environmental Performance, and Energy Efficiency & CO2 Emissions. This Award highlights their commitment to continuous improvement, transparency, and the use of the best available techniques in the areas of energy efficiency and resource conservation, occupational health and safety, and environmental protection, and it attests to the fact that industry champions have best corporate policies in place in these areas.
"We will continue our commitment to taking a responsible approach to how we organise and carry out production-related operations, while also incorporating best available technologies. As of today, all of the Company's production sites meet the most stringent applicable standards pursuant to environmental laws. PhosAgro allocates over RUB 8 billion a year to environmental protection.
"Ensuring industrial safety, safeguarding occupational health and creating comfortable working conditions for our employees remain priorities for the Company," said Andrey Guryev, CEO of PhosAgro, commenting on the IFA decision.
About Us
PhosAgro (www.phosagro.ru) is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of
The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of
PhosAgro's main products include phosphate rock, more than 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents. The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
PhosAgro's shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.
More information about PhosAgro can be found on the website: www.phosagro.com.
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SOURCE PhosAgro
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