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PhosAgro, a leading phosphate-based fertilizer producer, has implemented extensive COVID-19 preventive measures. Since March 2020, a task force has been in place to ensure operational continuity, with over 3,500 employees working remotely. The company has invested RUB 3.5 billion in health measures and vaccination efforts, with 3,500 employees vaccinated to date. CEO Andrey Guryev highlighted the importance of employee safety and the company's commitment to social responsibility, even increasing support for social programs to RUB 4 billion during the pandemic. PhosAgro's operations have remained uninterrupted, supporting food security in Russia.
PhosAgro CEO Andrey Guryev has been recognized as a 2021 Young Global Leader by the World Economic Forum. This selection honors leaders under 40 for their community service and exemplary reputation. Guryev's leadership during the COVID-19 pandemic, including significant contributions to healthcare and production of eco-efficient fertilizers, has been highlighted. Under his guidance, PhosAgro produced a record 10.2 million tonnes of fertilizers in 2020, ensuring robust supply across various markets.
On March 9, 2021, Arkady Dvorkovich, President of FIDE, honored Andrey Guryev, Vice-President of the Russian Chess Federation and CEO of PhosAgro, with a gold medal for his contributions to chess development. This recognition followed the Russian National Team's triumph in FIDE's first online chess Olympiad, which saw participation from 163 teams and over 1,500 players. PhosAgro's longstanding support has been pivotal in promoting chess in Russia, evidenced by numerous initiatives, including chess classes and sponsorship of international tournaments.
PhosAgro, a leading phosphate-based fertilizer producer, welcomes the European Commission's adoption of new guidelines for voluntary green labeling. These labels will apply to fertilizers free from high concentrations of cadmium and heavy metals, enhancing consumer transparency. As of July 16, 2022, fertilizers with over 60 mg of cadmium per kg of P2O5 will be banned in the EU. PhosAgro aims to leverage these guidelines to highlight its low-cadmium products, aligning with the EU's sustainability goals and catering to growing consumer demand for safer fertilizers.
The FAO and PhosAgro launched the Soil Doctors Programme to promote sustainable agriculture on Oct. 5, 2020. This initiative aims to enhance farmers' skills in soil management and establish networks of soil laboratories in Africa, Latin America, and the Middle East. The program will provide soil testing kits to 5,000 farmers and facilitate training. PhosAgro, known for its high-grade fertilizers, emphasizes its commitment to food security and environmental sustainability, aligning with the UN's 2030 Sustainable Development Goals.
PhosAgro's CEO, Andrey Guryev, participated in the online conference 'COVID-19 as a Driver of the Circular Economy' during UN Climate Week, emphasizing the need for sustainable agricultural practices.
He highlighted the harmful effects of cadmium in fertilizers, a significant concern linked to cancer and environmental damage. PhosAgro produces fertilizers free of heavy metals, positioning itself as a solution to this issue amidst global regulatory improvements.
The conference addressed the rising importance of circular economies and the urgent need for eco-friendly farming solutions.
On September 23, 2020, PhosAgro CEO Andrey Guryev participated in a round table hosted by the Russian Union of Industrialists and Entrepreneurs (RUIE) focusing on the development of Russian ESG indices. Guryev emphasized the need for a national rating to assess contributions to the UN Sustainable Development Goals (SDGs), as existing ratings do not fulfill this role. A methodology for this assessment is being developed with PwC's input and will involve an expert council. The initiative aims to enhance the transparency and sustainability of Russian businesses, scheduled for completion by January 2021.
PhosAgro has been designated as a Global Compact LEAD participant by the UN Global Compact for its commitment to sustainable business practices. This recognition is granted to companies that demonstrate high engagement levels in the Global Compact's sustainability initiatives. PhosAgro has been a participant since 2018 and focuses on areas like human rights and environmental protection. The company aims to contribute to global food security by providing eco-friendly mineral fertilizers to farmers across 102 countries.
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