FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today released its 2024 sustainability report, Innovation for Agriculture. Solutions for the Planet. In its 14th annual report, the company demonstrates how integrating sustainability across business and functional strategies continues to drive value and growth for both the company and its stakeholders.
“Sustainability is not only an environmental imperative, but also a business strategy,” said Thaisa Hugenneyer, executive vice president of integrated supply chain and chief sustainability officer. “Sustainable practices make us more efficient, cost-competitive, and resilient, allowing us to compete in an increasingly challenging environment.”
As the company progresses on its Climate Transition Plan, energy and waste initiatives continue to deliver environmental impact alongside significant cost savings. In 2024, energy efficiency projects and efforts to procure more clean and renewable energy contributed to a 27% reduction in the company’s Scopes 1 and 2 greenhouse gas emissions from its 2021 baseline. In addition to emissions reductions, creative solutions to increase waste circularity – including onsite wastewater treatment and material recycling initiatives – resulted in a 6% reduction in waste generated. Combined, these efforts helped reduce the company’s operating costs by nearly $6 million.
As the cornerstone of FMC’s purpose, agricultural innovation is a focal point of the 2024 report, which highlights the company’s progress and impact as it advances innovation and technology for farmers around the world. FMC’s R&D pipeline continues to deliver cutting-edge solutions that position the company for growth while shaping the future of agriculture. These include several new-mode-of-action fungicides, pheromone- and microbial-based products, and new diamide formulations. The report also highlights the company’s integrated approach to helping farmers improve productivity while reducing water use, enhancing soil quality, and minimizing impacts on beneficial insects like pollinators.
Additional information about FMC’s sustainability progress and goals, including an online copy of the 2024 report, is available at fmc.com/en/sustainability.
