March 30, 2016
FMC seeks to influence some of the most profound challenges facing our society and planet. One of these challenges is climate change. The company released a public statement on its position on climate change and how it is addressing this critical issue.
FMC Corporation recently released the company’s first public statement on climate change. In the statement, the company recognizes climate change as critical global issue and commits to energy and greenhouse gas emissions reduction targets throughout its supply chain.
FMC is aware of the substantial amount of scientific research on climate change and its impacts. Scientific research and observations indicate the average global temperature is warmer today compared to the average global temperature in 1880, when scientists began recording the average global temperature. Studies project that warmer air temperatures will increase the rate of melting of glaciers and land ice and cause thermal expansion of the oceans; a combination that leads to rise in sea levels. Coastline communities could be at a higher risk of damage caused by severe storms and weather events. The scientific evidence also projects an increased likelihood of extreme weather and a decrease in the world’s biodiversity. Additionally, climate change could make growing crops more difficult because of a decrease in arable farmland, which could lead to challenges in feeding an increased global population.
As a global corporate citizen, FMC is concerned about the short- and long-term consequences of climate change and is taking action on this issue. The company is committing to reduce its energy and greenhouse gas intensities 15 percent by 2025. FMC’s reduction goals will be elaborated upon in FMC’s upcoming 2015 Sustainability Report. To achieve these goals, FMC is continually assessing its manufacturing sites for opportunities for sustainable energy sourcing and increasing energy efficiencies. The company is working to improve its existing product lines and to develop new technologies that help to reduce climate change.
To make even greater progress in addressing climate change, FMC is collaborating with suppliers to reduce energy consumption throughout the supply chain and partnering with customers, suppliers, and contractors to improve their energy efficiencies and to reduce greenhouse gas emissions.
More information on FMC’s progress in sustainability can be found on FMC’s sustainability website and in FMC’s first report to CDP’s (formerly Carbon Disclosure Project) climate change program, which will be released in fall 2016.
To learn more about the challenges in feeding an increased global population, please see the recent special report Feeding the World, a collaboration between FMC, Knowledge@Wharton, and the Wharton Initiative for Global Environmental Leadership.