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SEARCH: SDG 8 - Decent Work and Economic Growth

Impact on UK's Economy
Impact on UK's Economy
ICL’s Boulby mine is the deepest mine in the UK and has been operating for 50 years. The Boulby mine has produced potash for many years and currently it is the world’s first and only polyhalite mine. The mine is a central part of the local economy. It is estimated that ICL’s Boulby mine contributed £115 million to the UK economy in the 2019 financial year. 9.2 Promote inclusive and sustainable industrialization and, by 2030 significantly raise industry’s share of[...]
Occupational Health
Occupational Health
The Occupational Health (OH) field at ICL includes the predicament, recognition, evaluation, prevention, and control of workplace hazards and other environmental factors that may have negative impacts on the health and safety of workers or other individuals in proximity to the workplace. Occupational Health deals with all aspects of health and safety in the workplace and has a strong focus on primary prevention of hazards." (WHO). Occupational health (OH) is a multidisciplinary field of healthcare concerned with enabling an individual[...]
Fair Employment for Contract Employees in Israel
Fair Employment for Contract Employees in Israel
ICL attributes great importance to fair working conditions for all of its employees. These include contractor employees, who are not considered company employees but whose work takes place in Company sites (mostly in Israel). The implementation of this policy is carried out by the ICL Global Procurement Organization (GPO) in Israel. Uniform enforcement procedures regarding these contractors are executed in a similar manner at all ICL sites, on a continuous basis. ICL operates under many agreements with diverse contractors in[...]
Employee Welfare & Wellbeing
Employee Welfare & Wellbeing
ICL’s employees are its most important assets. ICL strives to be an Employer of Choice, which starts with being a fair and responsible employer. The welfare and wellbeing of ICL’s employees is a top priority.  ICL has various mechanisms to support the welfare and wellbeing of its employees. The company’s approach is holistic, incorporating both development and support on a wide range of aspects. Israel In Israel, ICL has in-house professional social workers that support both managers and employees. ICL’s[...]
Employer of Choice
Employer of Choice
ICL is determined to strengthen its position as an employer of choice. The company aims to be a favorable place to work in every region in which it operates Being an employer of choice (“EoC”) is one of ICL’s main cultural values and a long-term goal of strategic importance. This requires ICL to be trustworthy, transparent, and accountable, with resolve to engage with employees fairly and decently. The company aspired to be an attentive organization, a place where its employees[...]
Aligning with the UN’s Sustainable Development Goals
Aligning with the UN’s Sustainable Development Goals
ICL supports the UN’s Sustainable Development Goals and was among the first companies to incorporate SDGs in defining its material priorities and reporting on its sustainability-related activities. It also views the SDGs as guiding principles on its path to develop new products and for finding new uses for its existing products. https://youtu.be/d7b_DoqcMocIn 2015 the United Nations updated its Millennium Goals to define a set of 17 Sustainable Development Goals (SDGs) to be shared by communities globally. In addition to the[...]
Economic Responsibility
Economic Responsibility
ICL leverages its resources and assets to enhance its growth. Economic Performance Selected Financial Information US $ millions201820192020Sales5,5565,2715,043Operating Income (loss)1,519756202Adjusted Operating Income750760509Adjusted Net Income attributable to the Company's shareholders477479258Cash Flow from Operating Activities620992804 Division profit distribution To learn more about ICL, please see ICL’s 2020 Annual F-20 Report. Economic Value Retained US $ millionsRevenues5,043Operating costs*3,343Employee wages and benefits1,104Payments to providers of capital227Royalties to Governments77Payments to governments**70Community investment9Economic Value retained212 *Excluding payments of royalties to governments.** Includes only current taxes. Impact[...]
Diversity in Employment: Hiring the Best
Diversity in Employment: Hiring the Best
ICL strives to be an “Employer of Choice”, and as such, continually promotes equality, including the employment and promotion of women in its sites around the globe. This effort requires searching more diligently and in more diverse places for the best talent. To further its vision, ICL has created a global diversity plan to make ICL an even more inclusive workplace. This plan provides opportunities for employees, creates value and fosters innovative solutions for the company and the markets it[...]
Human Resource Development
Human Resource Development
ICL has implemented various plans and training programs for its employees and managers. The company works diligently with its employees and managers to create a more fulfilling workplace. ICL is committed to develop its leadership within the company by providing multiple opportunities to excel. In order to manage and develop its human resources, ICL is deploying a unified technological infrastructure within all its units worldwide. ICL is expanding its use of management performance infrastructure (the Success Factors system) to manage[...]
The Phoenix Plan
The Phoenix Plan
The Phoenix Plan is a strategic project that includes the industrial development of the Bages basin which will create a wide impact on the infrastructure and logistics of the area, as well as on international markets. With an initial investment of more than 240 million euros, the Phoenix Plan involves the extension and modernization of ICL’s facilities, improvement of transport infrastructure, expansion of logistics facilities at the Port of Barcelona and increased 8.2 Achieve higher levels of economic productivity through[...]
Impact on Israel’s Economy
Impact on Israel’s Economy
ICL’s contribution to the public interest is reflected in a range of aspects. Every year, ICL invests significant amounts to develop its industrial capabilities. It supports the livelihoods of approximately 32,000 families across Israel (directly and indirectly) and serves as the economic backbone of the Negev region. ICL commissioned  a study, by BDO, on its impact on several economic and social indicators in Israel. The study, published in 2020, found that in 2019, ICL’s contribution to Israel’s GDP (Gross Domestic[...]
Impact on Spain’s Economy
Impact on Spain’s Economy
ICL Iberia (Iberpotash) is one of the economic engines of Bages County, where ICL Iberia (Iberpotash) headquarters are located, 75 kilometers from Barcelona. It is a leading company in terms of revenues, and one of the largest among the 2,700 companies that operate in Bages. In addition, ICL Iberia (Iberpotash) provides direct employment for approximately 1,100 people. 9.2 Promote inclusive and sustainable industrialization and, by 2030 significantly raise industry’s share of employment and gross domestic product, in line with national[...]
A message from ICL’s Chairman of the Board and ICL's President & CEO
A message from ICL’s Chairman of the Board and ICL's President & CEO
It is a great pleasure to present you with the 2020 ICL CSR report. The past year is a strong testament to the Group’s ability to maintain its course, adapt and thrive, despite an unprecedented period of global disruption. It has also shown us how resilient we are and, in many ways, brought us together, despite the social distancing we had to practice. The pandemic strained supply chains, production systems and commercial services worldwide. It also brought to light the[...]
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