Governance

ICL’s approach is to comply with all provisions of the law, statutes, regulations, treaties, instructions and permits in all areas of its operations. On top of this compliance approach, ICL has taken on itself additional standards and internal procedures which line up with its values, principles and norms of behavior.

ICL’s ESG (Environmental, Social, Governance) practices embody the Company’s commitment to best-practice corporate governance and ensure that it conducts business in a way that will lead to sustainable growth while balancing the needs of its various stakeholders. 

This commitment begins with ICL’s CEO, its Global Compliance Officer and its senior management, and extends throughout the organization.

The Company’s Board of Directors and the ICL management take various measures to ensure that the company conducts its business in accordance with its sustainable development guidelines. 

ICL has created committees dedicated to monitoring and enforcing high standards of environmental, safety and social responsibility. These committees regularly consult with independent experts to evaluate ICL’s economic, social and environmental impact and to ensure compliance with all its legal obligations. ICL’s Global VP EHS is responsible for environmental, safety, occupational health and security issues, and all related risks. The VP EHS reports directly to ICL’s EVP Operations. The EVP Operations reports on activities in these areas to ICL’s CEO, and, periodically, on his behalf, to the Board of Directors.

The Company’s sustainable practices integrate social, economic and environmental considerations into all its business activities. These practices stress social responsibility, which includes taking responsibility for the safety and wellbeing of its employees, reducing environmental impact, and creating a dialogue and transparent communication channel with authorities and communities, as well as other matters in the area of sustainability.

ICL also has a policy of involvement and investment in society and the community. ICL focuses on being involved in and cooperating with the communities in and outside of Israel where its employees live and in which the Company operates.