FMC Corp. released its fourth annual Sustainability Report, summarizing the specialty company's continuing efforts to address several major global challenges in 2014.
"Embracing Opportunities for Tomorrow," focuses on FMC's five sustainability priorities: fostering safety, empowering talent, growing innovation, minding our resources, and cultivating community.
Last year, FMC surpassed its sustainability innovation goal and invested 74 percent of research and development dollars on projects that positively impact major global challenges. The impact of these investments was reflected in the marketplace, which responded favorably with a 17 percent increase in sales of products with a sustainability advantage in 2014.
"Sustainability is integral to FMC's success and in 2014, we made progress through our continued coordination at an enterprise-level," said Pierre Brondeau, FMC president, CEO and chairman. "I am very proud that we exceeded our Community Engagement goal of 90 by achieving an index score of 96 in 2014, a year ahead of schedule. We recognize the importance of being a good neighbor, doing our part as a corporate citizen, and building mutual understanding and solid relationships."
Safety continues to be the top priority at FMC. In 2014, FMC experienced a slight decrease in safety performance, as measured in recordable incidents, compared to 2013. The company is focused this year on returning to the steady progress achieved in 2011-2013.
FMC integrates sustainability into its businesses by continually seeking ways to apply our advanced technologies, innovative products and scientific capabilities to help make the world a better place today, tomorrow and in the future. Products include those designed to meet the food and nutrient needs of a growing world population and address climate change through energy storage and lighter weight materials for aircraft manufacturers.
FMC is working to positively influence the following global challenges:
• environmental consciousness for the growing desire for increasingly safe and environmentally benign materials
• food and health expectations to address the growing population needs, including accessible healthcare and more nutritious foods
• land competition requiring increased agricultural efficiency to produce crops, biofuels, biotextiles, and bioplastics
• climate change to cope with greenhouse gas and other emissions
• scarce resources for a growing population's increasing demand for energy, water and other basic resources
The 2014 Sustainability Report provides details of FMC's progress in addition to an online data center containing key performance indicators, illustrative graphs, and explanations.
FMC's report was developed using the GRI (Global Reporting Initiative) G3.1 Guidelines and has been checked by GRI at Application Level B. A digital copy of the report is available at www.fmcsustainability.com, along with additional resources, including the full GRI Content Index and an online data center with key performance indicators measured by the company.
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