The Mosaic Company Releases Inaugural Sustainability Report
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2009 Sustainability Report Details Mosaic's Commitment to Helping the World
Grow the Food It Needs
PLYMOUTH, Minn. Nov. 9 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE:
MOS) today announced it has completed a thorough, company-wide sustainability
assessment and published an inaugural sustainability report summarizing key
economic, social, agricultural, and environmental initiatives.
The report, available at www.mosaicco.com/sustainability/report, measures
Mosaic's progress on sustainability performance indicators established by the
independent Global Reporting Initiative (GRI). It also outlines Mosaic's
sustainability goals for the years to come.
"Mosaic is one of the world's leading producers of essential phosphate and
potash crop nutrients, and it is our mission to help the world grow the food
it needs," said Jim Prokopanko, Mosaic's President and Chief Executive
Officer. "To achieve our mission, we are incorporating sustainability
principles into every aspect of our business. We are also setting ambitious
new goals for the future."
Among the report highlights, Mosaic has:
-- Reduced by 23% the total direct energy consumption of its U.S.
operations since 2005;
-- Used hydroelectric sources for nearly 100% of its power in Brazil;
-- Generated nearly 50% of the electrical load needed to run its Florida
operations on its own -- enough energy savings to power 100,000 homes;
-- Reclaimed 2,483 acres of land in fiscal 2009; and
-- Recycled 95% of all water used in its Florida mining facilities.
"We are proud of our performance," Prokopanko said, "but this is only the
beginning of Mosaic's efforts. As we meet new sustainability metrics, we will
continue to report our progress on an annual basis."
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 phosphates and potash fertilizers and feed ingredients for the
global agriculture industry. More information on the company is available at
www.mosaicco.com.
About the Global Reporting Initiative
The Global Reporting Initiative (GRI) is an independent, network-based
organization that has pioneered the development of a widely used
sustainability reporting framework and is committed to its continuous
improvement and application worldwide. Learn more at www.globalreporting.org.
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 the effects of the current
economic and financial turmoil; the build-up 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; difficulties or delays in receiving, or increased
costs of, necessary governmental permits or approvals; the effectiveness of
our processes for managing our strategic priorities; adverse weather
conditions affecting operations in Central Florida or the Gulf Coast of the
United States, including potential hurricanes or excess rainfall; actual costs
of asset retirement, environmental remediation, reclamation or other
environmental regulation differing from management's current estimates;
accidents and other disruptions involving Mosaic's operations, including brine
inflows at its Esterhazy, Saskatchewan potash mine and other 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
Media, Rob Litt, +1-763-577-6187, or Investors, Christine Battist,
+1-763-577-2828, both of The Mosaic Company
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