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WINTER
2016
4342 Whereneedstakeus
Environmental Responsibility
in
Zoom
Tzachi Mor 
Assistant to Executive
VP & COO 39
Single BA and
MA in Economics
Tel Aviv, Israel 
With ICL since 2009
Roy Weidberg 
Carbon Footprint and
Sustainability Coordinator 33
Married + newborn boy
B.Sc. in Environmental Engineering
Tel Aviv, Israel  With ICL since
2010
One more thing: 
I’m a member of a playback theater
group (that performs improvisations
based on personal stories from the
audience).
ICL Headquarters Tel Aviv & Be’er Sheva, Israel
Following years of preparation
and negotiations, nearly 200
countries came to an agreement
at the United Nations Conference
on Climate Change (COP21) held in
Paris in December which aims to
limit the rise in global temperature
by reducing the countries’ carbon
footprints. The conference placed
squarely back in focus the global
discussion of the climate change
issue which for years has been
one of the core elements in ICL’s
strategy of sustainability. “Within
global industry,” say Tzachi Mor and
Roy Weidberg – one serving as the
chief editor and person responsible
for producing ICL’s annual report
on corporate responsibility, and the
other the company’s sustainability
and carbon footprint coordinator
– “ICL has repeatedly proven its
leadership in the struggle against
greenhouse gas emissions, and
in 2014 was even included in the
exclusive list of companies leading
the world-wide efforts in this field.”
ICL’s remarkable achievements
in the area of climate change
prove, beyond all doubt, that
sustainability is a part of our DNA.
Outstanding in sustainability
WINTER
2016
4544 Whereneedstakeus

 You deal with various aspects of
sustainability in the organization. Are
you yourselves “green”?
Tzachi: The truth is that until my cur-
rent posiiton at ICL I wasn’t exposed to
the issue of sustainability or to its pro-
found implications on ICL’S activities
and on us as individuals. I began work-
ing as an economist at ICL six years
ago, and in 2013 I was appointed as
Assistant to the Executive VP  COO,
Mr. Asher Grinbaum, who is responsi-
ble, among other things, for the area
of sustainability and environment in
the company. Among my roles, I am
responsible for producing ICL’s corpo-
rate responsibility report, and there is
no doubt that this complex task has
increased my sensitivity and aware-
ness to the environment in general.
Roy: For me it began earlier…I was a
member of a Nahal youth group of the
Society for the Protection of Nature
in Israel, and I continued to study
environmental engineering at the
Technion. Even today, I “take my work
home” in the sense that I try to apply
values of sustainability in my private
life. I try to separate garbage and recy-
cleable materials, limit our energy and
water use, and purchase products that
weren’t tested on animals. I recent-
ly placed a compost bin for organic
waste in the yard of my building, and I
discovered that my neighbors also use
it occasionally.

 Regarding our subject: when we
talk about a “carbon footprint” we are
referring to the responsibility of an
entity for damage to the earth from
greenhouse gas emissions resulting
from its activities. Before we speak
about ICL, can you explain what
kind of damage results from these
emissions?
Roy: In the global scientific commu-
nity there is a concensus that human
activity, i.e. massive emissions of
greenhouse gases (GHGs) and primari-
ly carbon dioxide into the atmosphere,
its earliest days. We are obligated to
prove – and we do prove – that we not
only talk, but act.

 Where do greenhouse gas emis-
sions come from at ICL and what can
we do to reduce them?
Roy: More than half of the green-
house gas emissions at ICL derive
directly from fuel combustion at com-
pany facilities, and mainly from ICL’s
power station at the Dead Sea. Direct
emissions also result from chemical
processes at ICL’s various plants,
primarily emissions of CO2 from the
acidulation of phosphate rock at ICL
Rotem, which is an unavoidable part
of the production process there. In
addition, large amounts of indirect
emissions result from using exter-
nally produced electricity. Other, but
much smaller, amounts of emissions
result from the use of cooling gases
and vehicles, waste treatment, water
consumption and treatment, and
even from flights taken by company
employees. ICL works extensively to
reduce its emissions, and the greatest
opportunities to do so are energy re-
lated (see map). Changes to chemical
production processes can also result
in a significant reduction of certain
greenhouse gas emissions.

 What is ICL’s position in this regard
in comparison to similar companies
in
Zoom
Well done to ICL!
Recently, the 2015 CDP (Carbon
Disclosure Project) scores were
published and ICL was awarded a
disclosure score of 99 (out of 100)
for its report, which is among the top
120 scores (or top 6%) of all global
companies in 2015. ICL’s score is also
tied for second-best among global
fertilizer-producing companies, and
is the highest disclosure score ever
achieved by a Israel-based company.
Due to ICL’s efforts to reduce its
GHG (greenhouse gas) emissions,
the company has achieved one of
the top two CDP performance scores
(A or B) for the past five years. In
2014, ICL was also included in the
CDP CPLI (Carbon Performance
Leadership Index), an exclusive
list of global companies that have
excelled in emission reduction and
climate change mitigation.
ICL Rotem, Israel:
Strategic transition of the
large majority of installations
from the combustion of
heavy fuel oil to natural gas.
Transition to using external
electricity mostly from the
natural gas-based private
power plant, OPC Rotem.
ICL Dead Sea: Massive reduction of ~ 1 million tonnes CO2e ,in the
magnesium site, by switching from using SF6 gas to the much less-harmful
HFC134a gas, as a cover gas in magnesium production.
ICL Haifa SF BU,
Israel: Integrating an
innovative system
that has resulted in
a reduction of about
60% in Nitrous Oxide
emissions per tonne of
produced Nitric Acid.
ICL US Gallipolis Ferry:
Integrating a state-of-the-
art central cooling unit
in production processes
which has significantly
reduced cooling gas
leakage.
ICL China Shandong and
Jiaxing: Full calculation
of the carbon footprint
of two ICL IP products in
2013 – for the first time
at ICL plants in China.
ICL Germany Ladenburg: Operating
a new co-generation facility in 2014,
producing electricity and steam in a
combined, productive process, saving
energy and reducing emissions.
ICL UK Nutberry:
Examining the
possibility of installing
wind turbines at the
plant as a source of
reneweble energy.
ICL US Ontario:
Integration of a
bromine-based energy
accumulating battery
in October 2015,
enabling the effective
management and
reduction of electricity
usage.
ICL Iberia:
Reducing energy
losses in fluid bed
dryers and pumps
using technological
improvements.
ICL US Lawrence:
Technological upgrade
of steam, heat and light
recovery systems, to
increase energy savings.
ICL Mexico Nuevo
Leon: Improving
insulation and
upgrading lighting
and compressed air
systems to reduce
energy usage.
ICL the Netherlands Heerlen:
• Integrating an innovative cooling
system that re-uses heat energy
from combustion processes.
• Subsidizing the purchase of bicycles
for employees to reduce the use of
private cars.
is the principle cause of the climate
changes that we have been experi-
encing in recent decades. In most
areas around the world significant
rises have been recorded in average
temperatures and in the frequency of
extreme weather events, such as hur-
ricanes, storms or extended droughts.
Additional and alarming side effects
to these changes are melting icebergs,
changes in lifestyles of flora and
fauna, the re-appearance of diseases
such as malaria, and others. There is
also a concern that climate change
will, in the future, result in rising sea
levels, making large areas of land un-
suitable for human life. In fact, climate
change today already is one of the
causes of massive waves of migration
from certain parts of Africa and other
continents, because of the inability
to engage in traditional agriculture in
many increasingly-arid areas.
Tzachi: Without the extensive and
coordinated action by all governments
and large comanies around the world
to significantly reduce their global
greenhouse gas emissions, these phe-
nomena will just increase. The world
expects companies like ICL to prove
their determination in the fight against
climate change, so we made green-
house gas management a central is-
sue in ICL’s policy of sustainibility from
ICL’s Global Map of Greenhouse Gas Emission Reduction
Environmental Responsibility
WINTER
2016
4746 Whereneedstakeus
Gift Giving – Getting it Right
Message from ICL’s – Vice President, ICL Global Compliance
ICL is an ethical company that obeys the laws of the countries
in which we operate. None of us wants to give or receive a gift
or entertainment which could be perceived as an illegal bribe.
However, understanding the laws and regulations about gifts
and entertainment in the business world can be confusing
and intimidating. Last year, we created the ICL Gift  Entertainment Policy
to outline ICL’s rules on giving and receiving gifts  entertainment. You
should have already received a copy of the policy. We receive many ques-
tions on what is permissible under this policy. I hope this Ethics Corner
helps you better understand what is permissible and/or requires approval
when giving or receiving gifts  entertainment as an employee of ICL.
Heather K. Luther, Chief Compliance Officer
FAQ

 Do I need to get approval to
give a wedding present over $50
to my friend who also works for a
customer of ICL?
If you have a longstanding personal
friendship formed outside work,
and your friend happens to also
works for our customer, then a
wedding gift would not be consid-
ered a business gift under the ICL
Gift  Entertainment Policy and
thus, no approval is required.

 Do I have to get approval under
the Gift  Entertainment Policy to
take a customer to dinner?
No. Providing a reasonable busi-
ness meal to a customer or accept-
ing a business meal from a vendor
does not require approval under
this policy; however you should
make sure to follow your manager’s
guidelines in this area.

 At an industry conference
that I attended, I won a randomly
selected raffle for a $200 gift card.
Can I keep it?
Since it is worth over $50 and was
obtained in the course of your job
with ICL you need to obtain approv-
al to keep it.

 What should I do if at a busi-
ness meeting I am presented a
gift that clearly requires approval
under our policy? Do I need to
reject it at the meeting?
You will have to use your business
judgment at the time of whether
you can politely decline the gift
without offending your host, or
whether it is best to bring the gift to
your manager to figure out what to
do with it.
Giving and Receiving
Gifts  Entertainment
If you have questions about ICL’s Gift  Entertainment Policy please contact Heather Luther, ICL's VP
of Global Compliance or your Regional Compliance Officer: Mischa Menheere, Europe, compliance.eu@
icl-group.com • Ellen Chen, Asia, compliance.asia@icl-group.com • Heather Luther, Americas, compliance.
americas@icl-group.com • Amir Meshulam, Israel  Africa, compliance.israel@icl-group.com
Are you giving or receiving a
gift or entertainment?
Is it cash or in direct exchange
for a business advantage?
Is the recipient currently evaluating
a business decision involving
the giver’s company?
Is the gift or entertainment to
a government official?
Is it legal in the applicable country to give
a gift or entertainment to a gov’t official?
Is the gift or entertainment to the
government official over $50 in value?
This policy does not
apply to this situation
You can never give a gift
of cash, or any gift or
entertainment in order to get
a business advantage
Employees involved with a
current business decision
should not give or receive gifts
or entertainment with affected
parties during the decision
making process
1. If a gift – is it under $50 in value?
2. If for entertainment – is it under $100 in
value, or a reasonable business meal?
No special
approval is
required.
1. Fill out approval form
2. Get approval from a
VP or higher
3. Turn approved
form in to Regional
Compliance Officer
You should
always act in
accordance with the
law of the country
where you are acting.
ICL’s policy
prohibits gifts
or entertainment to
government officials
over $50 in value.
1. Fill out approval form
2. Get approval from VP or
higher and your Regional
Compliance Officer
3. Submit approval form to
Regional Compliance Officer
Yes
Yes
Yes
No
No
No
No
No
Yes
Yes
Yes No
Yes
!
!
!
!
No
The Ethics Corner
around the world?
Tzachi: ICL has reduced its absolute
emissions by 35% in only six years!
This is an extraordinary achievement
for a large industrial company. ICL has
also calculated the carbon footprint of
more than 60 of its leading products
through a significant investment of
resources – much more than what is
acceptible by other industrial com-
panies. As a company whose main
activities are located in Israel, ICL is
considered an Israeli leader in the
struggle against climate change and
was one of the first companies to re-
port its greenhouse gas
emissions to the volun-
tary mechanism estab-
lished by Israel’s Ministry
of Environmental
Protection. Utilizing
the experience we’ve
accumulated over the
years, we even provided
assistance in devel-
oping the reporting
methodologies.

 ICL establishes its
own reduction targets
and, therefore, at times
“makes things more
difficult” for itself,
even when the regu-
latory authority doesn’t demand it.
Is this something demanded by our
customers?
Roy: Absolutely. ICL began to devel-
op the methodology back in 2008 in
order to minimize its greenhouse gas
emissions before it was required by
the regulators, according to a ‘Beyond
Compliance’ policy related to the en-
vironment and sustainability. Today,
as a leading global company, our
stakeholders – customers, investors
and regulators – also demand that we
measure the carbon footprint of our
sites and our products and to prove
that we are continously reducing
our emissions. We are happy to say
that, to date, we have succeeded in
meeting these demands, and even
exceeding them.

 One can see that in recent years
ICL has won prizes and recognition,
not only for its success in reducing
emissions, but also for its report-
ing. What is so important about
reporting?
Tzachi: The basic rule in sustain-
ability is “what gets measured, gets
managed.” This rule proves itself time
and time again – the actual need for
public and reliable reporting in various
fields requires continuous improve-
ment in the ongoing measurement
and management of operations and
strengthens the actions and coordina-
tion corporate-wide.

 What are ICL’s next challenges in
reporting?
Roy: Recently, a heading of a news-
paper article about sustainability at
ICL declared that “corporate respon-
silibity at ICL has passed the point of
no return,” and we agree with this
claim. Sustainability is a never-end-
ing race: the bar is constantly being
raised and there’s always room for
improvement. We definitely detect
a continuous change from year to
year in our stakeholders’ attitudes to
ICL’s sustainability activities and their
appreciation for our high levels of
transparency. As part of this activity,
we provide assistance to the School of
Sustainability at the Interdisciplinary
Center in Herzliya, of which ICL is a
founder, and help student groups with
their graduation projects in the area
of sustainability.
One of our main challenges in the
coming year is deploying and inple-
menting a new sustainability reporting
IT system, known as “SoFi”, in all ICL
companies around the world. Its suc-
cessful deployment will enable us to
signficantly reduce the data collection
burden on our many reporting parties,
streamline the production of internal
and external reports, and improve
the quality of our data,
its level of documenta-
tion and availability, and
our ability to increase
its transparency to the
public.

 What gives you pro-
fessional pride?
Roy: To witness the
long-term improvements
in our operations, our
reports and our coor-
dination of processes
between all areas of
sustainability at ICL –
and to feel good about
my contribution to this
process. Amongst others,
I’m very proud of the high grades we
are consistently awarded by the CDP
(Carbon Disclosure Project) for our
reports which I am responsible for
writing.
Tzachi: Our 2014 corporate respon-
sibility report was the first to include
data on a global level and I am very
proud that I was able to produce it.
But mostly, I am proud that we’re not
stagnating, but constantly trying to
improve and upgrade -significantly
expand the external validation pro-
cesses that we initiated, improve our
global coordination and enhance the
awareness of sustainability among
our suppliers, as well. I firmly stand
behind our slogan that we will go any-
where where needs take us! ///
in
Zoom Environmental Responsibility

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Sustainability and Carbon Footprint in ICL- interview from ICL global magazine- 1.16

  • 1. WINTER 2016 4342 Whereneedstakeus Environmental Responsibility in Zoom Tzachi Mor  Assistant to Executive VP & COO 39 Single BA and MA in Economics Tel Aviv, Israel With ICL since 2009 Roy Weidberg  Carbon Footprint and Sustainability Coordinator 33 Married + newborn boy B.Sc. in Environmental Engineering Tel Aviv, Israel With ICL since 2010 One more thing:  I’m a member of a playback theater group (that performs improvisations based on personal stories from the audience). ICL Headquarters Tel Aviv & Be’er Sheva, Israel Following years of preparation and negotiations, nearly 200 countries came to an agreement at the United Nations Conference on Climate Change (COP21) held in Paris in December which aims to limit the rise in global temperature by reducing the countries’ carbon footprints. The conference placed squarely back in focus the global discussion of the climate change issue which for years has been one of the core elements in ICL’s strategy of sustainability. “Within global industry,” say Tzachi Mor and Roy Weidberg – one serving as the chief editor and person responsible for producing ICL’s annual report on corporate responsibility, and the other the company’s sustainability and carbon footprint coordinator – “ICL has repeatedly proven its leadership in the struggle against greenhouse gas emissions, and in 2014 was even included in the exclusive list of companies leading the world-wide efforts in this field.” ICL’s remarkable achievements in the area of climate change prove, beyond all doubt, that sustainability is a part of our DNA. Outstanding in sustainability
  • 2. WINTER 2016 4544 Whereneedstakeus  You deal with various aspects of sustainability in the organization. Are you yourselves “green”? Tzachi: The truth is that until my cur- rent posiiton at ICL I wasn’t exposed to the issue of sustainability or to its pro- found implications on ICL’S activities and on us as individuals. I began work- ing as an economist at ICL six years ago, and in 2013 I was appointed as Assistant to the Executive VP COO, Mr. Asher Grinbaum, who is responsi- ble, among other things, for the area of sustainability and environment in the company. Among my roles, I am responsible for producing ICL’s corpo- rate responsibility report, and there is no doubt that this complex task has increased my sensitivity and aware- ness to the environment in general. Roy: For me it began earlier…I was a member of a Nahal youth group of the Society for the Protection of Nature in Israel, and I continued to study environmental engineering at the Technion. Even today, I “take my work home” in the sense that I try to apply values of sustainability in my private life. I try to separate garbage and recy- cleable materials, limit our energy and water use, and purchase products that weren’t tested on animals. I recent- ly placed a compost bin for organic waste in the yard of my building, and I discovered that my neighbors also use it occasionally.  Regarding our subject: when we talk about a “carbon footprint” we are referring to the responsibility of an entity for damage to the earth from greenhouse gas emissions resulting from its activities. Before we speak about ICL, can you explain what kind of damage results from these emissions? Roy: In the global scientific commu- nity there is a concensus that human activity, i.e. massive emissions of greenhouse gases (GHGs) and primari- ly carbon dioxide into the atmosphere, its earliest days. We are obligated to prove – and we do prove – that we not only talk, but act.  Where do greenhouse gas emis- sions come from at ICL and what can we do to reduce them? Roy: More than half of the green- house gas emissions at ICL derive directly from fuel combustion at com- pany facilities, and mainly from ICL’s power station at the Dead Sea. Direct emissions also result from chemical processes at ICL’s various plants, primarily emissions of CO2 from the acidulation of phosphate rock at ICL Rotem, which is an unavoidable part of the production process there. In addition, large amounts of indirect emissions result from using exter- nally produced electricity. Other, but much smaller, amounts of emissions result from the use of cooling gases and vehicles, waste treatment, water consumption and treatment, and even from flights taken by company employees. ICL works extensively to reduce its emissions, and the greatest opportunities to do so are energy re- lated (see map). Changes to chemical production processes can also result in a significant reduction of certain greenhouse gas emissions.  What is ICL’s position in this regard in comparison to similar companies in Zoom Well done to ICL! Recently, the 2015 CDP (Carbon Disclosure Project) scores were published and ICL was awarded a disclosure score of 99 (out of 100) for its report, which is among the top 120 scores (or top 6%) of all global companies in 2015. ICL’s score is also tied for second-best among global fertilizer-producing companies, and is the highest disclosure score ever achieved by a Israel-based company. Due to ICL’s efforts to reduce its GHG (greenhouse gas) emissions, the company has achieved one of the top two CDP performance scores (A or B) for the past five years. In 2014, ICL was also included in the CDP CPLI (Carbon Performance Leadership Index), an exclusive list of global companies that have excelled in emission reduction and climate change mitigation. ICL Rotem, Israel: Strategic transition of the large majority of installations from the combustion of heavy fuel oil to natural gas. Transition to using external electricity mostly from the natural gas-based private power plant, OPC Rotem. ICL Dead Sea: Massive reduction of ~ 1 million tonnes CO2e ,in the magnesium site, by switching from using SF6 gas to the much less-harmful HFC134a gas, as a cover gas in magnesium production. ICL Haifa SF BU, Israel: Integrating an innovative system that has resulted in a reduction of about 60% in Nitrous Oxide emissions per tonne of produced Nitric Acid. ICL US Gallipolis Ferry: Integrating a state-of-the- art central cooling unit in production processes which has significantly reduced cooling gas leakage. ICL China Shandong and Jiaxing: Full calculation of the carbon footprint of two ICL IP products in 2013 – for the first time at ICL plants in China. ICL Germany Ladenburg: Operating a new co-generation facility in 2014, producing electricity and steam in a combined, productive process, saving energy and reducing emissions. ICL UK Nutberry: Examining the possibility of installing wind turbines at the plant as a source of reneweble energy. ICL US Ontario: Integration of a bromine-based energy accumulating battery in October 2015, enabling the effective management and reduction of electricity usage. ICL Iberia: Reducing energy losses in fluid bed dryers and pumps using technological improvements. ICL US Lawrence: Technological upgrade of steam, heat and light recovery systems, to increase energy savings. ICL Mexico Nuevo Leon: Improving insulation and upgrading lighting and compressed air systems to reduce energy usage. ICL the Netherlands Heerlen: • Integrating an innovative cooling system that re-uses heat energy from combustion processes. • Subsidizing the purchase of bicycles for employees to reduce the use of private cars. is the principle cause of the climate changes that we have been experi- encing in recent decades. In most areas around the world significant rises have been recorded in average temperatures and in the frequency of extreme weather events, such as hur- ricanes, storms or extended droughts. Additional and alarming side effects to these changes are melting icebergs, changes in lifestyles of flora and fauna, the re-appearance of diseases such as malaria, and others. There is also a concern that climate change will, in the future, result in rising sea levels, making large areas of land un- suitable for human life. In fact, climate change today already is one of the causes of massive waves of migration from certain parts of Africa and other continents, because of the inability to engage in traditional agriculture in many increasingly-arid areas. Tzachi: Without the extensive and coordinated action by all governments and large comanies around the world to significantly reduce their global greenhouse gas emissions, these phe- nomena will just increase. The world expects companies like ICL to prove their determination in the fight against climate change, so we made green- house gas management a central is- sue in ICL’s policy of sustainibility from ICL’s Global Map of Greenhouse Gas Emission Reduction Environmental Responsibility
  • 3. WINTER 2016 4746 Whereneedstakeus Gift Giving – Getting it Right Message from ICL’s – Vice President, ICL Global Compliance ICL is an ethical company that obeys the laws of the countries in which we operate. None of us wants to give or receive a gift or entertainment which could be perceived as an illegal bribe. However, understanding the laws and regulations about gifts and entertainment in the business world can be confusing and intimidating. Last year, we created the ICL Gift Entertainment Policy to outline ICL’s rules on giving and receiving gifts entertainment. You should have already received a copy of the policy. We receive many ques- tions on what is permissible under this policy. I hope this Ethics Corner helps you better understand what is permissible and/or requires approval when giving or receiving gifts entertainment as an employee of ICL. Heather K. Luther, Chief Compliance Officer FAQ  Do I need to get approval to give a wedding present over $50 to my friend who also works for a customer of ICL? If you have a longstanding personal friendship formed outside work, and your friend happens to also works for our customer, then a wedding gift would not be consid- ered a business gift under the ICL Gift Entertainment Policy and thus, no approval is required.  Do I have to get approval under the Gift Entertainment Policy to take a customer to dinner? No. Providing a reasonable busi- ness meal to a customer or accept- ing a business meal from a vendor does not require approval under this policy; however you should make sure to follow your manager’s guidelines in this area.  At an industry conference that I attended, I won a randomly selected raffle for a $200 gift card. Can I keep it? Since it is worth over $50 and was obtained in the course of your job with ICL you need to obtain approv- al to keep it.  What should I do if at a busi- ness meeting I am presented a gift that clearly requires approval under our policy? Do I need to reject it at the meeting? You will have to use your business judgment at the time of whether you can politely decline the gift without offending your host, or whether it is best to bring the gift to your manager to figure out what to do with it. Giving and Receiving Gifts Entertainment If you have questions about ICL’s Gift Entertainment Policy please contact Heather Luther, ICL's VP of Global Compliance or your Regional Compliance Officer: Mischa Menheere, Europe, compliance.eu@ icl-group.com • Ellen Chen, Asia, compliance.asia@icl-group.com • Heather Luther, Americas, compliance. americas@icl-group.com • Amir Meshulam, Israel Africa, compliance.israel@icl-group.com Are you giving or receiving a gift or entertainment? Is it cash or in direct exchange for a business advantage? Is the recipient currently evaluating a business decision involving the giver’s company? Is the gift or entertainment to a government official? Is it legal in the applicable country to give a gift or entertainment to a gov’t official? Is the gift or entertainment to the government official over $50 in value? This policy does not apply to this situation You can never give a gift of cash, or any gift or entertainment in order to get a business advantage Employees involved with a current business decision should not give or receive gifts or entertainment with affected parties during the decision making process 1. If a gift – is it under $50 in value? 2. If for entertainment – is it under $100 in value, or a reasonable business meal? No special approval is required. 1. Fill out approval form 2. Get approval from a VP or higher 3. Turn approved form in to Regional Compliance Officer You should always act in accordance with the law of the country where you are acting. ICL’s policy prohibits gifts or entertainment to government officials over $50 in value. 1. Fill out approval form 2. Get approval from VP or higher and your Regional Compliance Officer 3. Submit approval form to Regional Compliance Officer Yes Yes Yes No No No No No Yes Yes Yes No Yes ! ! ! ! No The Ethics Corner around the world? Tzachi: ICL has reduced its absolute emissions by 35% in only six years! This is an extraordinary achievement for a large industrial company. ICL has also calculated the carbon footprint of more than 60 of its leading products through a significant investment of resources – much more than what is acceptible by other industrial com- panies. As a company whose main activities are located in Israel, ICL is considered an Israeli leader in the struggle against climate change and was one of the first companies to re- port its greenhouse gas emissions to the volun- tary mechanism estab- lished by Israel’s Ministry of Environmental Protection. Utilizing the experience we’ve accumulated over the years, we even provided assistance in devel- oping the reporting methodologies.  ICL establishes its own reduction targets and, therefore, at times “makes things more difficult” for itself, even when the regu- latory authority doesn’t demand it. Is this something demanded by our customers? Roy: Absolutely. ICL began to devel- op the methodology back in 2008 in order to minimize its greenhouse gas emissions before it was required by the regulators, according to a ‘Beyond Compliance’ policy related to the en- vironment and sustainability. Today, as a leading global company, our stakeholders – customers, investors and regulators – also demand that we measure the carbon footprint of our sites and our products and to prove that we are continously reducing our emissions. We are happy to say that, to date, we have succeeded in meeting these demands, and even exceeding them.  One can see that in recent years ICL has won prizes and recognition, not only for its success in reducing emissions, but also for its report- ing. What is so important about reporting? Tzachi: The basic rule in sustain- ability is “what gets measured, gets managed.” This rule proves itself time and time again – the actual need for public and reliable reporting in various fields requires continuous improve- ment in the ongoing measurement and management of operations and strengthens the actions and coordina- tion corporate-wide.  What are ICL’s next challenges in reporting? Roy: Recently, a heading of a news- paper article about sustainability at ICL declared that “corporate respon- silibity at ICL has passed the point of no return,” and we agree with this claim. Sustainability is a never-end- ing race: the bar is constantly being raised and there’s always room for improvement. We definitely detect a continuous change from year to year in our stakeholders’ attitudes to ICL’s sustainability activities and their appreciation for our high levels of transparency. As part of this activity, we provide assistance to the School of Sustainability at the Interdisciplinary Center in Herzliya, of which ICL is a founder, and help student groups with their graduation projects in the area of sustainability. One of our main challenges in the coming year is deploying and inple- menting a new sustainability reporting IT system, known as “SoFi”, in all ICL companies around the world. Its suc- cessful deployment will enable us to signficantly reduce the data collection burden on our many reporting parties, streamline the production of internal and external reports, and improve the quality of our data, its level of documenta- tion and availability, and our ability to increase its transparency to the public.  What gives you pro- fessional pride? Roy: To witness the long-term improvements in our operations, our reports and our coor- dination of processes between all areas of sustainability at ICL – and to feel good about my contribution to this process. Amongst others, I’m very proud of the high grades we are consistently awarded by the CDP (Carbon Disclosure Project) for our reports which I am responsible for writing. Tzachi: Our 2014 corporate respon- sibility report was the first to include data on a global level and I am very proud that I was able to produce it. But mostly, I am proud that we’re not stagnating, but constantly trying to improve and upgrade -significantly expand the external validation pro- cesses that we initiated, improve our global coordination and enhance the awareness of sustainability among our suppliers, as well. I firmly stand behind our slogan that we will go any- where where needs take us! /// in Zoom Environmental Responsibility