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Materiality Assessment

The results of our materiality assessment, which identifies sustainability topics of most importance for our business based on inclusive stakeholder feedback, are indicated in the matrix to the right. This assessment was completed in accordance with GRI standards.

The assessment was conducted via online surveys with internal and external stakeholders. Internal stakeholders include employees from all major functions, including operations, sales, regulatory affairs and research and development, among others. External stakeholders include customers, investors, consultants and representatives from academia, government, trade associations and non-governmental organizations.

We analyzed 22 potential material topics based on GRI, SASB, United Nations Global Compact and other expert recommendations. Respondents were asked to rate topics on a scale of 1-5 based on two dimensions:

  • The importance to the stakeholder when assessing FMC (Y-axis)
  • FMC’s impact on societies, economies and/or ecosystems (X-axis), as per GRI recommendations
2020 Materiality Matrix

Based on the results of the assessment, as well as additional analyses conducted across participant responses, we have identified six core material issues that will help inform the development of FMC’s sustainability strategy and reporting going forward. Three of the six – innovation, stewardship and safety – are foundational to FMC’s business and work with growers across the globe. The remaining three – climate, biodiversity and food security – are areas where we see opportunities to take bigger, bolder steps to affect positive change related to some of the world’s most urgent challenges. More detailed information on this strategy will be included in future reports.

Stakeholder Relations

Stakeholder engagement is essential to identify important initiatives, issues and trends for FMC. We regularly meet with several stakeholder groups. Taking their feedback into account is vital as FMC continues to evolve and grow. The table below indicates our main stakeholder groups, how we engage them and examples of key topics.

Learn more about our stakeholder engagement highlights in our latest sustainability report.

Stakeholder Engagement Group Table

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STAKEHOLDER GROUP CHANNELS OF ENGAGEMENT FREQUENCY KEY TOPICS COVERED

Employees

Town Hall meetings

Reports, email blasts, videos

Surveys

Focus Groups

Training

Social media

Quarterly

Monthly

Annually

As needed

Annually

Weekly

Safety

Ethics and compliance

Sustainable procurement

Sustainability assessment tool

Diversity and inclusion

Sustainability branding

Prospective employees

Sustainability Report

Annual Report

Annually

Annually

Sustainability

Diversity and inclusion

Customers

Meetings

Innovation collaboration

Industry partnerships

Quarterly

Quarterly

Quarterly

Innovation

Pollinator safety

Product stewardship

Suppliers

Supplier audits

Supplier surveys

Code of Conduct

Biannually

Quarterly

Monthly

Fair wages and labor

Sustainability goals

Responsible care

Investors

Ratings/rankings and indices

Conference calls

Surveys

Annually

Quarterly

Annually

The new FMC and our strategic growth plan

The benefits of pesticides

The sustainability of new products

Local communities

Donations to local organizations

Employee volunteers

Community Advisory Panels

Quarterly

Monthly

Quarterly

Hunger

Science Education

Disaster Relief

Regulators and public policy makers

Meetings

Risk assessments and studies

Monthly

Regularly

Endangered species

Product stewardship
Science-based evaluations
Safety and environmental standards

Non-government organizations (NGOs)

In-person meetings/conference calls

Survey responses

Policies and best practices

As needed

Bi-annually

As needed

Biodiversity decline

Secondary standards

UN Sustainable Development Goals

Industry associations

Leading/participating on committees and working groups

Advocacy

Bi-monthly

As needed

Responsible care

Product stewardship
Sustainability

Academia

Wharton Initiative for Global Environmental Leadership

Studies

As needed

As needed

Climate change
Innovation

Efficacy
Biodiversity

External Sustainability Advisory Council

In-person meetings

Conference calls

Biannually

As needed

Sustainability strategy & reporting

Innovation

Association Memberships

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FMC is actively engaged in key industry groups. Some examples include:

  • Agricultural Container Recycling Council
  • Agricultural Retailers Association
  • American Chamber Denmark
  • American Chamber European Union
  • American Chemistry Council
  • American Soybean Association
  • Brazil-US Business Council
  • Biological Products Industry Alliance
  • Commercial Products Association
  • CropLife and country affiliates
  • Entomological Society of America
  • Greater Philadelphia Chamber of Commerce
  • Global Alliance of Independent Ag Consultants
  • International Conservation Caucus Foundation
  • International Food Additives Council
  • International Institute of Synthetic Rubber Producers
  • National Agricultural Aviation Association
  • National Agricultural Marketing Association
  • National Alfalfa and Forage Association
  • National Alliance of Independent Crop Consultants
  • National Association of Manufacturers
  • National Association of Wheat Growers
  • National Corn Growers Association
  • National Cotton Council
  • National Pest Management Association
  • National Sunflower Association
  • Public Affairs Council
  • Pyrethroid Working Group
  • Regulatory Improvement Council
  • Responsible Industry for a Sound Environment
  • State crop protection associations (US)
  • Society of Chemical Manufacturers and Affiliates
  • US China Business Council
  • US Council for International Business
  • US India Strategic Partnership Forum
  • U.S. Rice Federation
  • United Fresh

Responsible Care®

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Responsible Care logoAs a member of the American Chemistry Council (ACC), FMC has been an active participant in the Responsible Care® program since its inception. Responsible Care is the chemical industry’s world class Environmental, Health, Safety, and Security (EHS&S) performance initiative. It helps member companies enhance their EHS&S performance, discover new business opportunities, and build a strong foundation for the ACC’s advocacy on behalf of the industry.

Participation in Responsible Care® is a commitment to:

  • Improve Environmental, Health and Safety performance.
  • Use resources efficiently.
  • Engage with stakeholders.
  • Report on progress, openly and transparently.
  • Effectively manage chemical products.

Ag Container Recycling Council

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Ag Container Recycling Council (ACRC) logoThe Ag Container Recycling Council (ACRC) is a not-for-profit trade association of companies that produce, formulate, package and distribute crop protection and other agrochemical products.  A network of ACRC contractors collects and recycles empty, triple rinsed HDPE agricultural chemical containers at no cost to consumers.  Farmers and commercial applicators nationwide participate in this free ACRC recycling program with more than 200,000,000 pounds of plastic having been recycled since 1992.  The ACRC researches and approves specific end uses for the recycled HDPE.  Many of these end uses, like agricultural drain tile, provide ongoing benefit to the agricultural industry.  FMC is one of 51 member companies that has helped fund and grow this program for its customers for many years. To learn more about the ACRC, visit http://www.acrecycle.org.

Community Engagement Metrics

Community Engagement Index

Community Engagement Scores only include FMC legacy sites. If a site completes an activity in each of the four Community Engagement categories each year, thus providing diverse and valuable interactions with the community, it earns a score of 100 on the Community Engagement Index. The final reported score is the average of all of our manufacturing sites’ scores.