The report reflects ADAMA's performance across
various spheres of Environment, Social, and Governance (ESG) during
2023
TEL
AVIV, Israel, July 23,
2024 /PRNewswire/ -- ADAMA Ltd (the "Company") (SZSE:
000553), one of the world's leading crop protection companies,
announced that it has achieved Maala's 2024 ESG ranking of Platinum
(A), indicating extremely high performance across all the spheres
of Environment, Social, and Governance (ESG) during 2023.
ADAMA has been assessed by Maala annually for
over a decade, reflecting its commitment to continuous improvement
in ESG. The company has consistently maintained a high score, with
this year's ranking reflecting perfect 10s in several areas,
including responsibility in procurement and supply chain, work
conditions, contribution to the community, and ESG management and
reporting.
"Our 2024 Maala ranking demonstrates ADAMA's holistic approach
to sustainability, which encompasses every aspect of the
organization from our operational sites to our products, and from
our people to the communities within which we work," said
Oriella Ben-Zvi, Head of
Sustainability and Corporate Affairs at ADAMA. "This
achievement builds on our history of strong ESG strategy and
execution, and we are constantly examining our sustainability
profile and looking for ways to improve it even further. ADAMA
people worked very hard to make this possible, and we'd like to
thank them for these efforts."
Maala is a corporate membership organization of 120 leading
Israeli companies, promoting awareness of corporate responsibility
and ESG. It ranks over 150 Israeli companies, delivering a
nationally-recognized gold standard for ESG. ADAMA has been a
member for more than 10 years.
Highlights from ADAMA's 2023 ESG Repots:
- Launched 59 new products: Including 34 herbicides,
12 insecticides, 12 fungicides and 1 plant growth regulator,
featuring unique formulation technologies with enhanced product
features such as increased adhesiveness, rainfastness, and leaf
penetration to reduce environmental impact.
- Invested $342 million toward
greener manufacturing operations: Over the past three
years, focusing on wastewater reclamation, air quality and odor
control, energy loss reduction, and renewable energy usage.
Achieved a 14% reduction in the absolute carbon footprint, 10% of
energy used is from renewable sources and 30% reduction in
hazardous waste generation.
- Reduced plastic usage: Increased the use of
recycled plastic in product containers.
- Promoting diversity, equity and inclusion
(DE&I): Updated DE&I policy and launched new
initiatives and educational activities with hundreds of
participants.
- Invested in Safety: Conducted over 1,000 site manager
safety tours and hundreds of local safety programs in each
manufacturing site, leading to significant improvements is safety
indicators.
Read more in our 2023 ESG report:
https://www.adama.com/en/sustainability.
About ADAMA
ADAMA Ltd. is a global leader in crop protection, providing
practical solutions to farmers across the world to combat weeds,
insects and disease. Our culture empowers ADAMA's people to
actively listen to farmers and ideate from the field. ADAMA's
diverse portfolio of existing active ingredients, coupled with its
leading formulation capabilities and proprietary formulation
technology platforms, uniquely position the company to develop
high-quality, innovative and sustainable products, to address the
many challenges farmers and customers face today. ADAMA serves
customers in over 100 countries globally. For more information,
visit us at www.ADAMA.com and follow us on Twitter® at
@ADAMAAgri.
Logo:
https://mma.prnewswire.com/media/799829/Adama_Agricultural_Solutions_Logo.jpg
ADAMA contact:
Tal
Moise
Public Relations
pr@adama.com
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SOURCE ADAMA Ltd.