Sustainability Advisory Councils – How do they add value

Trainer: Linda Froelich, Global Corporate Sustainability Director, FMC Corporation

At FMC, sustainability has become an integral part of business and operations strategy and through external’s members expertise to Business, Networking, NGOs, Legal, Responsible Investments, Technology, and Sustainability area this purpose is strengthened.

The External Sustainability Advisory Council contributes to the identification of global megatrends, the interpretation and prioritization of stakeholders issues, the company’s engagement around innovation, R&D, Risk Management and the review of the sustainability goals/metrics.

Council members interact with FMC executives and bring a diverse ‘outside – in’ perspective on environment, health and safety, diversity and inclusion, non-financial reporting, ESG issues and help identify stakeholder concerns, attitudes and perceptions.

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, listed in the New York Stock Exchange. FMC provides innovative and cost-effective solutions to enhance crop yield and quality by controlling a broad spectrum of insects, weeds and disease, as well as in non-agricultural markets for pest control. Its lithium products are utilized in energy storage, specialty polymers and pharmaceutical synthesis. FMC’s 2017 revenue was $4 billion and employs more than 7,000 people throughout the world operating its businesses in two segments: FMC Agricultural Solutions and FMC Lithium. Sustainability is an enduring, fundamental part of FMC’s structure, built into the company. In 2017, FMC set up an External Sustainability Advisory Board.