Sustainability Report

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Sustainability Report SUSTAINABILITY REPORT Working together for sustainable agriculture 2 OCP / 2019 SUSTAINABILITY REPORT OCP / 2019 SUSTAINABILITY REPORT 3 SUMMARY P.06-07 P.10-11 P.34 - 35 MESSAGE 1. ABOUT 2. SUSTAINABLE FROM OUR CEO OUR GROUP DEVELOPMENT: 1.1. Activities & Products 12 OUR INTEGRATED 1.2. Value Creation Model 24 APPROACH 1.3. Local Contribution, 2.1. OCP's sustainability 36 Global Presence 26 context 1.4. Innovative, 2.2. Stakeholder engagement 38 Agile & Committed Governance 30 2.3. Materiality Analysis 44 4 OCP / 2019 SUSTAINABILITY REPORT P.46 - 47 P.184-185 3. OUR SUSTAINABILITY 4. ABOUT COMMITMENTS THIS REPORT 3.1. Commitments to responsible 48 4.1. GRI content principles 186 and inclusive management note 3.2. Commitments to sustainable 88 4.2. GRI Content Index 192 production 4.3. Correspondence tables 200 3.3. Commitments to shared 158 value creation 4.4. Glossary 203 OCP / 2019 SUSTAINABILITY REPORT 5 GRI 102-14 Our strong and resilient response to the dramatic challenges of 2020 was made possible in no small part by the great progress that we made during 2019 across all our compre- hensive sustainability programs. MESSAGE Our lean operations have been shaped by our commitment to the Circular Economy. We want to achieve more positive impacts with fewer inputs and with as close to zero negative externalities as possible. Our investments in non-traditional water supply, renewable FROM energy and partnering with international firms to create local specialist skills have all played their role in sustainable conti- nuity and continuing sustainability. Commitment to feed the planet is today, more than ever, a responsibility for us and for everyone involved in the food OUR CEO sector. Being able to feed one’s family is a fundamental human need and right, already endangered for many and made worse in times of crisis. Strengthening resiliency across the entire agriculture & food value chain – locally and globally – is a key challenge at the moment, and a key We are proud to present the OCP Group’s second Sustain- reminder of how the world depends on our sector. ability Report that has been prepared in accordance with the GRI standards: core option which details our continued progress in embedding sustainability across our business. Sustainability is a central element of our business strategy. As custodians of the As custodians of the world’s largest reserves of phos- world’s largest reserves of phate – a vital element for all plant, animal and human life on earth - we have a genuine responsibility to operate as phosphate – a vital element sustainably and safely as possible, to ensure that the world’s farmers have access to the plant nutrients they need to feed for all plant, animal and a growing world population. human life on earth - we have So, we are delighted to have achieved substantial improve- ments on so many of our key targets in the past year. Just a genuine responsibility to as importantly, compiling comprehensive data has allowed us to think about our business differently, by understanding operate as sustainably and how we can continuously improve our performance while integrating the impact of our efforts on people, communities, safely as possible, to ensure and the planet. that the world’s farmers have Given the events of 2020, this is especially important as the sustainability of our vision and operations has come to take access to the plant nutrients on a new dimension in light of COVID-19. While fully focused on the health and safety of our team, our partners and the they need to feed a growing communities around us, we have stayed totally committed to maintaining reliable supply of our products to farmers, world population. distributors and manufacturers around the world. Feeding the soil to feed the planet has taken on a more We remain committed to sharing our progress transpar- profound meaning this year. Suddenly, developed and ently through this report, as we welcome external oversight developing economies faced the same concern about food and a collective approach to solving key challenges. I would security. The good news is that farmers, manufacturers and like to highlight some of the key accomplishments detailed retailers rose to the challenge. in this report: And OCP played its part in this. Despite adopting new ways of working to minimize the risks to our teams, we have been OUR PEOPLE able to maintain 100% of our planned mining and fertilizer In 2019, we reduced our combined Lost Time Injury production. We made sure that farmers around the world Frequency Rate (LTIFR) confirming we are on the right path could continue to successfully grow crops and we continued to be the safest place to work. That is the result of contin- our programs to support them – training, funding and uous efforts across the organization to embed a mature market access. safety culture and reach our ambitious “0 incident” target. 6 OCP / 2019 SUSTAINABILITY REPORT GRI 102-14 against climate change. Over the last decade, although we tripled fertilizer production, we have succeeded in keeping our carbon emissions at the same level. We are targeting a 50% reduction in total SO2 emissions by 2025 and improving air quality through the extension of the Sulfacid technology, emissions monitoring systems and as well as gas washing units. OUR ENERGY We continued our progress towards using 100% clean elec- tricity - both cogeneration & renewable - by 2030. In 2019, 86% of our electrical needs were covered by clean energy. Hydrogen as a research path is set at the heart of our energy development strategy, with major steps achieved for the production of a green, carbon neutral ammonia. OUR WATER Our goal is to reduce our total water consumption by 15% by 2024 and to supply 100% of our water needs from non-con- ventional sources by 2030. We have been building the infrastructure to start filtering sludge at our mines. Sharing and learning from each other are vital to reduce water stress and in 2019 we joined the Moroccan Coalition for Water (COALMA) an NGO acting under the highest umbrella of de World Water Council. OUR ENGAGEMENT FOR FARMERS We continue to work with farmers across the globe on how to increase yield while supporting a sustainable farming. Powered by data, we are tailoring our products to fit each soil and each crop, and to meet reel farmers needs, and we are seeing our customized fertilizers gaining use as farmers increasingly understand their benefits. In 2019, we strength- ened the impact of our flagship initiatives for African farmers, who are vital actors in feeding not only their own continent but the entire planet, and are working hard to expand their productivity in a sustainable and resilient fashion. We launched major new development programs. BEYOND is aimed at our younger colleagues to develop the skills OUR COMMUNITIES they will need in the decades ahead. IMPULSE, run by the Mohammed VI Polytechnic University, is a world-class In 2019, we increased our total community investments by start-up acceleration program for talented entrepreneurs 35% locally, nationally and internationally. Education, equal in agritech, biotech, nanotech and mining technologies to opportunity, entrepreneurship, health, culture and sustain- foster innovation for African sustainable development. able cities are key pillars of our community engagement. All of these successes are important in their own right, but OUR MINES more so collectively because they give us the confidence to We are continuously working to preserve our phosphate target even more ambitious goals and build our knowledge reserves through the recovery of low phosphorous content and skills to do that. phosphates and recycling byproducts. In 2019, our inno- We will keep on raising the bar especially when it comes to vation for phosphogypsum recovery is getting more and the sustainable development goals we can have the most more mature, bringing us closer to valorize this by product leverage on to strategically contribute to the Agenda 2030. in roads, agriculture and construction. Our teams have also initiated research to produce organic fertilizer from organic OCP Group is committed to becoming the most sustainable waste generated across the country. business it can be and we are grateful for your interest in this report. OUR PRODUCTION SITES Thank you. Our largest commitment - to achieve carbon neutrality by 2040 – calls for continued mitigation and adaptation meas- Mostafa Terrab ures across our operations, services & products to fight Chairman and Chief Executive Officer OCP / 2019 SUSTAINABILITY REPORT 7 OUR CONTRIBUTION TO THE SUSTAINABLE DEVELOPMENT GOALS (SDGs) OCP Group has contributed to the Sustainable Development Goals through its integrated Sustainable Development Strategy, its investments, and its 2019 achievements. This contribution operates at different levels and reflects the company’s commitment with respect to management, produc- tion, and shared value creation across the entire value chain. GRI STANDARDS SDG 1 SDG 2 SDG 3 SDG 4 SDG 5 SDG 6 SDG 7 SDG 8 SDG 9 SDG 10 SDG 11 SDG 12 SDG 13 SDG 14 SDG 15 SDG 16 SDG 17 RESPONSIBLE AND INCLUSIVE MANAGEMENT COMMITMENTS Transparent, innovative & ethical governance GRI 412 Sustainable economic growth GRI 201 Responsible & committed employer GRI 401, 402, 403, 404, 405 Responsible procurement practices GRI 204, 308, 414 SUSTAINABLE PRODUCTION COMMITMENTS Operational excellence GRI 301, 302, 303, 304, 305, Circular economy 306, 307 Resource preservation GRI 301 GHG emissions management GRI 305 Emissions management
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