FMC 2013 Sustainability Report - page 5

FMC’s sustainability report is built on the premise that
in order to address our most salient issues, FMC must
collaborate with stakeholders to determine where we
have the most material impacts. We therefore engage
with key constituents to share ideas and discuss
challenges. The input informs development of our
materiality assessment, which in 2013 covered over 60
topics. The interplay between stakeholder engagement
and materiality enables us to increase transparency
and address high priority concerns.
Engaging Our Stakeholders
FMC considers our stakeholders to be people and
organizations that share our objectives and whom we
affect in some way. As they are the target audience
for this report, we asked representatives of each
key stakeholder group for feedback on the 2012
sustainability report and its content. Our goal was to
determine how we could increase the effectiveness of
our report and deliver on our commitment to engage
with stakeholders in a way that met their needs
and interests.
Respondents indicated that the report was relevant
and showed FMC to be on a solid path to broadening
its role as a responsible business. At the same time
we learned that stakeholders wanted to see more hard
data and yearly comparisons, explanations about our
material impacts and simplification of the language in
ASSESSING OUR
IMPACTS
our report. We have listed and attempted to address
these requests in this 2013 report.
Relationship-building is a constant journey and FMC
is continuing to foster closer bonds with our most
significant stakeholders. They are
:
Employees and prospective employees
who
have a personal and professional desire to be part
of a responsible organization. Current employees
have a vital stake in FMC’s progress toward
greater sustainability. They are concerned about
and contribute to every facet of our business,
including our ability to ensure a productive,
supportive and safe environment in which they can
enhance society’s well-being.
(See pages 14-21 for
more information.)
Business stakeholders
who seek innovations in
products, productivity and resource utilization to
satisfy the world’s demands. Our customers look to
FMC to help improve their own sustainability.
Suppliers and business partners are meeting
procurement criteria that incorporate ethics,
human rights, labor practices and other issues of
global interest. We consider others in our industry
to be valuable colleagues and actively work with
them in trade associations. These organizations
provide forums for sharing best practices and serve
as advocates on industry’s behalf
.
The following table includes some of the key suggestions from our stakeholder
engagement work and how we are working to address their comments.
STAKEHOLDER
ENGAGEMENT
Area for
improvement
Stakeholder feedback
Ways we are addressing feedback
Ex.
TARGETS
The 2015 targets are a step in
the right direction, but more
specific targets on an expanded
set of metrics are desired.
Working to establish specific long-term targets for more of
our metrics
2013 commitments and results and 2014 goals provided in a
separate table
p. 7
DATA
Stakeholders want to see
increased inclusion of
meaningful data and direct
explanations of impacts.
Expanded reporting on environmental metrics and provided
performance discussion on each metric
Increased reporting of measurable impacts in other areas of the
report; will continue to work on this in the future
p. 33
TRANSPARENCY Discuss challenges in addition
to successes.
Increased discussion of our challenges with use of clearer
language throughout the report
p. 31
MATERIALITY
Ensure reporting on issues
that are most important to
stakeholders and have largest
impact.
Expanded engagement efforts provided improved clarity on what
is material to stakeholders
Worked to allocate space in report towards most material
impacts (e.g., community section now includes more information
on biodiversity and stewardship vs. volunteerism and donations)
p. 39
FMC 2013 SUSTAINABILITY REPORT
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