ICL Announces Inaugural Task Force on Climate-Related Financial Disclosures

ICL announced today (1/3) that it has published its first Task Force on Climate-related Financial Disclosures (TCFD), as part of its annual report on Form 20-F, and has aligned itself with TCFD recommendations structured around four themes areas of governance, strategy, risk management and metrics and goals.

“As part of the minerals and chemicals sector, ICL has an important role to play in the global transition to a low-carbon economy through the development of innovative products and services, and we are committed to identifying, managing and leveraging risks and opportunities that climate change and the global transition to a low-carbon economy can bring,” said Aviram Lahav, CFO at ICL.

“We recognize this is the beginning of a new level of disclosure for our company and we look forward to enhancing our understanding and management of climate-related risks and opportunities and providing updates through TCFD reports in the coming years.”