PHILADELPHIA, April 21,
2022 /PRNewswire/ --
FMC Corporation (NYSE: FMC), an agricultural sciences company,
today announced a new global sustainability platform that
accelerates the company's goals on climate change, food security,
conservation and social justice. The platform builds on FMC's 10
years of progress and represents the next evolution of the
company's ongoing commitment to advancing sustainable agriculture,
globally.
"Throughout our history, FMC's technology and ingenuity have
empowered farmers to safely and sustainably grow food the world
needs," said Mark Douglas, president
and chief executive officer of FMC. "Our new Greater Than
Green platform takes FMC's commitment to farmers, the
environment and our communities to the next level with sharper,
more aggressive targets to track our progress. On the eve of Earth
Day 2022, we are proud to share how FMC is investing in our
planet."
Aligned with key U.N. Sustainable Development Goals, Greater
Than Green accelerates agricultural innovation while advancing
the company's climate strategy and diversity, equity and inclusion
goals. FMC's commitments on these issues center on three
areas: Protection, Innovation and Engagement. It is
comprised of 11 strategic imperatives FMC will track and measure
over time. Among the imperatives, FMC has committed to:
- Achieve net-zero greenhouse emissions by 2035
- Use renewable energy at all FMC locations
- Broaden its portfolio of new solutions to maximize crop yields
on existing farmland
- Enable advancements in farming that reduce on-farm carbon
emissions and promote water stewardship
- Enrich lives and livelihoods of minority and smallholder
farmers
- Cultivate a diverse, equitable and inclusive workplace
FMC's expanded sustainability commitments include a more
rigorous focus on environmental metrics. As the company announced
in 2021, one of its signature imperatives is an industry-leading
target of net-zero greenhouse gas emissions by 2035. The company
recently achieved the first milestone in its net-zero journey,
submitting near-term 2030 emissions reduction targets to Science
Based Targets initiative (SBTi) Business Ambition for 1.5°C. These
include 42 percent absolute reduction for Scopes 1 and 2 emissions
and 25 percent absolute reduction for Scope 3 emissions.
In addition to company-wide emissions, FMC is actively tracking
and reducing water use and waste disposal across its manufacturing
sites, and recently reset its long-term goals to drive greater
improvements in water efficiency and waste reduction, reuse and
recovery.
For example, FMC has committed to implement sustainable water
practices as defined by the Alliance for Water Stewardship (AWS)
Standard at all sites by 2035. The company will focus first on
high-risk areas, pursuing AWS certification for sites in those
locations by 2030. Furthermore, FMC will pursue 100 percent
waste-to-beneficial reuse by 2035, which includes reductions in
waste generation, reuse of materials, recycling and energy
recovery.
"Greater Than Green represents a significant leap forward
for FMC's longstanding commitment to sustainability," said
Karen Totland, vice president and
chief sustainability officer at FMC. "From efforts to foster a more
resilient and sustainable food system to aggressive goals around
net-zero emissions, energy, water and waste reduction, we're
setting a new standard for sustainability in our industry."
Additional information about FMC's sustainability progress and
goals, including an online copy of the company's sustainability
report, is available at fmc.com/sustainability.
About FMC
FMC Corporation is a global agricultural sciences company
dedicated to helping growers produce food, feed, fiber and fuel for
an expanding world population while adapting to a changing
environment. FMC's innovative crop protection solutions – including
biologicals, crop nutrition, digital and precision agriculture –
enable growers, crop advisers and turf and pest management
professionals to address their toughest challenges economically
while protecting the environment. With approximately 6,400
employees at more than 100 sites worldwide, FMC is committed to
discovering new herbicide, insecticide and fungicide active
ingredients, product formulations and pioneering technologies that
are consistently better for the planet. Visit fmc.com to learn more
and follow us on LinkedIn® and Twitter®.
Statement under the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995: This release
contains forward-looking statements, which are based on
management's current views and assumptions regarding future events,
future business conditions and the outlook for the company based on
currently available information. These statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results to be materially different from any results,
levels of activity, performance or achievements expressed or
implied by any forward-looking statement. These factors
include, among other things, the risk factors and other cautionary
statements included within FMC's 2021 Form 10-K filed with the SEC
as well as other SEC filings and public communications. FMC
cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
Forward-looking statements are qualified in their entirety by the
above cautionary statement. FMC undertakes no obligation, and
specifically disclaims any duty, to update or revise any
forward-looking statements to reflect events or circumstances
arising after the date on which they were made, except as otherwise
required by law.
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SOURCE FMC Corporation