FMC Corporation releases 2023 sustainability report, publishes first Climate Transition Plan
The 13th annual report highlights company's leadership in innovation, safety and sustainability
"Sustainability and innovation are essential to growing our business and meeting the evolving needs of farmers and our industry," said
In its Climate Transition Plan, FMC describes its strategy to reduce emissions and address climate-related risks and opportunities across its value chain. Key elements of the plan include FMC's net-zero roadmap, which identifies early actions and key levers for emissions reductions, and an overview of the company's Scope 3 emissions and supplier engagement strategy. In 2023, the company reduced absolute Scopes 1 and 2 emissions by 18% and reduced absolute Scope 3 emissions by 27%. Additionally, FMC has made significant strides in waste circularity, increasing waste to beneficial reuse to 75% globally. The company's sites continuously seek opportunities to drive efficiencies and turn waste materials into valuable commodities.
FMC highlights its diverse portfolio of modern crop protection solutions and how it supports sustainable farming around the world. In addition to integrating sustainability and stewardship criteria throughout its product development processes, the company continuously evaluates how its products promote key areas of sustainability on the farm, including climate resilience, water use efficiency, biodiversity protection, soil and plant health, and compatibility with regenerative agriculture practices.
"FMC is constantly innovating to help farmers solve increasing challenges brought by a changing climate, regulatory pressures and consumer demands," continued DiNatale. "As we develop new products, we are focused on providing farmers with a variety of tools that can be applied in a range of farming systems to improve productivity, efficiency and sustainability."
Additional information about FMC's sustainability progress and goals, including an online copy of the 2023 report, is available at fmc.com/sustainability.
About FMC
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains
statements that are "forward-looking" and provide other than historical information. FMC has identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "targets" "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such 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 2023 Form 10-K filed with the
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