June 2, 2015
FMC Corporation Releases Fourth Annual Sustainability Report
Company Surpasses Innovation and Community Engagement Goals One Year Ahead; R&D Spending Addressing Major Global Challenges
PHILADELPHIA, June 2, 2015 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today released its fourth annual Sustainability Report, summarizing the specialty company's continuing efforts to address several major global challenges in 2014. The report, "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; and -- 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.
FMC Corporation is a specialty company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. In 2014, FMC had annual sales of approximately $3.3 billion from continuing operations. FMC acquired Cheminova in April 2015, which had sales of DKK 6.8 billion in 2014. FMC employs approximately 7,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.
Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2014 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fmc-corporation-releases-fourth-annual-sustainability-report-300092500.html
SOURCE FMC Corporation