Mosaic Recognized On 100 Best Corporate Citizens List
Corporate Responsibility Magazine honors Mosaic with the No. 28 spot – up 39 spots from 2011 – in its annual rankings of the world's most responsible corporate citizens list.
April 19, 2012
The Mosaic Co. has been recognized on Corporate Responsibility Magazine's 12th annual "100 Best Corporate Citizens List", known as the world's top corporate responsibility ranking based on publicly available information. This is the third year in a row that Mosaic been named to the list.
Mosaic was ranked 28 – up from 67 in 2011 – in recognition of its conservation and environmental stewardship efforts, as well as its financial and governance transparency. Notable accomplishments include:
- Approximately 90% of all water used in Mosaic's North American mining and manufacturing operations is reused or recycled.
- Since 2005, Mosaic's U.S. operations have reduced direct energy consumption by 21%, with a corresponding reduction in limited greenhouse gases of approximately 150,000 tonnes annually.
- Mosaic owns more than 21,000 acres on which it has proposed, committed or executed a conservation easement to ensure long-term protection of lands or waters of particular sensitivity.
Mosaic also was noted for its philanthropic projects, including donations of product, agronomic expertise and logistics support to its Mosaic Villages Project in Guatemala, India and seven African countries.
"At Mosaic, we believe in improving crop yields – to sustain a growing global population – and in improving our environment," said Jim Prokopanko, President and CEO of Mosaic. "Mosaic's inclusion on the 100 Best Corporate Citizens List is a reflection of that commitment, and we're proud to receive this recognition of our efforts for the third year in a row."
Mosaic's ranking is based on more than 325 data points in seven categories, including environment, climate change, human rights, philanthropy, employee relations, financial performance and governance. The 100 Best Corporate Citizens List's open and transparent methodology is governed by a Methodology Committee of the Corporate Responsibility Officers Association.
Out of a record number of nominations, Mosaic also was recently recognized by the Ethisphere Institute as one of the 2012 World's Most Ethical Companies. The methodology for the ranking included reviewing, evaluating and studying a company's leaders, code of ethics, sustainable practices and more.