PLYMOUTH, Minn., April 12, 2013 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) has been recognized on Corporate Responsibility Magazine's 14th annual 100 Best Corporate Citizens List, known as the world's top corporate responsibility ranking based on publicly available information. This is the fourth year in a row that Mosaic has been named to the list.
- Mosaic has decreased its groundwater use at its Central Florida operations by 50 percent over the last 20 years.
- Mosaic produces approximately 6.9 million gigajoules of clean electricity through waste heat capture—to satisfy 47 percent of company-wide electrical demand.
- Mosaic is a signatory to the United Nations Global Compact, affirming its deep commitment to operate according to universally accepted principles in the areas of human rights, labor, environment and anticorruption.
Mosaic also was noted for its philanthropy and the investments of The Mosaic Company Foundation—including The Mosaic Villages Project—which is moving 300,000 smallholder farmers out of poverty in ten countries on three continents. Watch videos about how The Mosaic Villages Project farmers are improving their livelihoods by growing more food through sustainable intensification and agronomic practices.
"Without a doubt, Mosaic's greatest strength is its workforce. Our more than 8,000 global employees translate Mosaic's values of integrity, excellence, sustainability and connectivity into action every day," said Jim Prokopanko, President and CEO, The Mosaic Company. "It's because of their dedication to excellence that our company stands out—to customers, shareholders and the global business community. We're grateful for their achievements and this 100 Best Corporate Citizens List recognition."
Mosaic's ranking is based on more than 298 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.
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single-source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results. Such statements are based upon the current beliefs and expectations of The Mosaic Company's management and are subject to significant risks and uncertainties. These risks and uncertainties include but are not limited to the predictability and volatility of, and customer expectations about, agriculture, fertilizer, raw material, energy and transportation markets that are subject to competitive and other pressures and economic and credit market conditions; the level of inventories in the distribution channels for crop nutrients; changes in foreign currency and exchange rates; international trade risks; changes in government policy; changes in environmental and other governmental regulation, including greenhouse gas regulation, implementation of numeric water quality standards for the discharge of nutrients into Florida waterways or possible efforts to reduce the flow of excess nutrients into the Mississippi River basin or the Gulf of Mexico; further developments in judicial or administrative proceedings, or complaints that Mosaic's operations are adversely impacting nearby business operations or properties; difficulties or delays in receiving, increased costs of or challenges to necessary governmental permits or approvals or increased financial assurance requirements; resolution of global tax audit activity; the effectiveness of the Company's processes for managing its strategic priorities; the ability of Mosaic, Ma'aden and SABIC to agree upon definitive agreements relating to the prospective joint venture for the Wa'ad Al Shamal Phosphate Project, the final terms of any such definitive agreements, the ability of the joint venture to obtain project financing in acceptable amounts and upon acceptable terms, the future success of current plans for the joint venture and any future changes in those plans; adverse weather conditions affecting operations in Central Florida or the Mississippi River basin or the Gulf Coast of the United States, and including potential hurricanes, excess rainfall or drought; actual costs of various items differing from management's current estimates, including, among others, asset retirement, environmental remediation, reclamation or other environmental regulation, or Canadian resources taxes and royalties; brine inflows at Mosaic's Esterhazy, Saskatchewan potash mine or other underground mines; other accidents and disruptions involving Mosaic's operations, including potential mine fires, floods, explosions, seismic events or releases of hazardous or volatile chemicals, as well as other risks and uncertainties reported from time to time in The Mosaic Company's reports filed with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements.
SOURCE The Mosaic Company