Q+A With Pierre
Q: How has FMC made progress integrating sustainability into its businesses?
A: Sustainability is a critical part of the strategic plans in each of our businesses. But it doesn’t end there. It is also a key element of our R&D planning and technology platforms to ensure new products create shareholder value and support a more sustainable world. Capital spending projects are carefully reviewed to determine their effect on FMC’s sustainability goals and stakeholders. We have made significant progress by constantly challenging ourselves. Additionally, I’m proud to announce we’ve set five and 10-year goals for innovation, operations and business practices that reflect our deep commitment to sustainability.
Q: What does this year’s Sustainability Report theme, “Our Formula for Progress,” mean to you?
A: For well over a century, FMC has thrived by adapting, changing, and advancing its business practices. “Our Formula for Progress” underscores a company that is on the move. In 2015, we sold our Alkali Chemicals business and acquired Cheminova, a global supplier of crop protection products. We have strengthened our technology and innovation roots while positioning FMC for future success. The 2015 Sustainability Report is our fifth report and symbolizes a significant milestone in the history of sustainability at FMC.
Q: How has the integration of Cheminova influenced FMC’s sustainability programs?
A: We’ve learned a great deal from Cheminova, which shares our values and commitment to sustainability. It began reporting on its successes and challenges in sustainability in 2006, five years before FMC’s initial reporting. Cheminova reported to CDP (formerly the Carbon Disclosure Project) and was a United Nations Global Compact signatory several years ago. FMC is reporting to both organizations in 2016. Cheminova’s commitment to diversity and supporting women is evident in its diversity policy and programs that help women thrive within local communities. FMC formalized our approach in 2015 by appointing a Diversity Officer and supporting employee affinity groups such as the Women’s Initiative Network. We are reinforcing our commitment to a workplace where employees’ unique perspectives are valued.
Q: How are your employees engaged in sustainability?
A: Our progress in sustainability is a direct result of FMC employees’ engagement. The new five and 10-year targets are a major step forward, made possible through the commitment of our people around the world. In R&D, our scientists are developing innovative, sustainable products and technologies that create value for customers and consumers. FMC engineers in manufacturing are safely increasing efficiencies in our operations to reduce energy consumption, greenhouse gas emissions, waste generation and water use. Our employees around the world are engaged in safety, health and education initiatives to strengthen the communities where they work and live.
Q: How does sustainability shape FMC’s business strategy moving forward?
A: FMC formalized its commitment to sustainability in 2011. Since then, it has become an integral part of our business and operations strategy as we strive to impact five major global challenges: climate change, environmental consciousness, food and health expectations, land competition and scarce resources. Our Formula for Progress, and our new long-term sustainability targets, hold us accountable to address these challenges. They ensure that by 2025, FMC will have decreased its environmental footprint while continuing to innovate and develop valuable products that benefit society. We will achieve this vision safely and ethically while maintaining valuable relationships with our communities.
President, CEO and Chairman of the Board