Saskatoon, Saskatchewan – Potash Corporation of Saskatchewan Inc. (PotashCorp) today released its 2007 Sustainability Report, updating the company's social, economic and environmental performance. Following the theme of Yesterday Today Tomorrow, this year's report provides details on how prior decisions and long-held strategies are impacting current performance and the company's potential for the future.
"At PotashCorp, we have always operated with a long-term view – not only of our own performance, but also for the impact we have on the lives of our stakeholders," said PotashCorp President and Chief Executive Officer Bill Doyle. "Our sustainability program is designed to measure our progress and our impact over time. We believe in transparency and this report gives anyone who wants to know more about our performance and operating practices an unobstructed look inside our company."
The 2007 report includes discussion of PotashCorp's key strategies, goals and targets in areas such as safety, environmental stewardship, economic performance and social contributions. Among the company's highlights are:
A record-low lost-time injury rate;
Strategies to voluntarily reduce the company's greenhouse gas emissions by 10 percent per tonne of production by 2012;
$3.5 million in total charitable donations and a new annual philanthropic donations target tied to company earnings; and
Announced plans to reinvest $4.5 billion to raise annual potash operating capacity.
The complete report, including historical data built around Global Reporting Initiative recommendations, is available at www.potashcorp2007SR.com (or can be accessed at www.potashcorp.com). A 36-page summary Sustainability Report is also available for download or can be requested through PotashCorp's offices in Saskatoon, SK or Northbrook, IL.
Potash Corporation of Saskatchewan Inc. is the world's largest fertilizer enterprise producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, with the largest capacity in the world in potash, second largest in nitrogen and third largest in phosphate; animal nutrition, with the world's largest capacity in phosphate feed ingredients; and industrial chemicals, as the largest global producer of industrial nitrogen products and the world's largest capacity for production of purified industrial phosphoric acid.
For more information contact:
In Northbrook, Illinois:
John M. Hewson
Manager, Sustainability
Phone: (847) 849-4448 E-mail John
In Saskatoon, Saskatchewan:
Rhonda Speiss
Manager, Public Relations
Phone: (306) 933-8544 E-mail Rhonda
