PHILADELPHIA, Feb. 9, 2017 /PRNewswire/ -- FMC Corporation (NYSE: FMC) received an A- from the CDP (formerly the Carbon Disclosure Project) climate change program, an initiative dedicated to using measurement and disclosure to effectively manage carbon and climate change risk. The A- ranking places FMC in CDP's 'Leadership' tier, recognizing the company as a leader in best practices for climate change action after its first time reporting.
"Reporting to the CDP climate change program was an opportunity for us to share how FMC is addressing the challenges associated with climate change. An A- is a significant achievement," said Linda Froelich, director of Corporate Sustainability. "We are honored to be recognized by CDP as a leader in addressing climate change as we continue to make progress towards our sustainability goals."
Among the 8,200 reporting suppliers in 2016, the average ranking was a C on an A through D- scale. The A- ranking, which is awarded to companies that have a "fully integrated climate change strategy driving significant reductions in emissions due to climate change initiatives," recognizes FMC's commitment to becoming a more sustainable enterprise through concentrated programs in the areas of environmental impact, safety, research and development and community engagement.
"Our approach depends on sustainable investments that ensure our company runs more efficiently and more resiliently by 2025," Froelich said. "In doing so, we will proactively address market, climate and regulatory-based changes and risks."
Additional information about FMC and its sustainability initiatives is available at www.fmcsustainability.com.
CDP, formerly Carbon Disclosure Project, is an international, not-for-profit organization providing the global system for companies, cities, states and regions to measure, disclose, manage and share vital information on their environmental performance. CDP, voted number one climate research provider by investors, works with 827 institutional investors with assets of US$100 trillion and 89 purchasing organizations with a combined annual spend of over US$2.7 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. Some 5,800 companies, representing close to 60% global market capitalization, disclosed environmental information through CDP in 2016. CDP now holds the most comprehensive collection globally of primary corporate environmental data and puts these insights at the heart of strategic business, investment and policy decisions. Please follow us @CDP to find out more.
For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. Revenue totaled approximately $3.3 billion in 2016. FMC employs approximately 6,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.
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SOURCE FMC Corporation