Icl
ICL Group Ltd, commonly referred to as ICL, is a leading global specialty minerals and chemicals company headquartered in Israel (IL). Founded in 1995, ICL has established a strong presence in key operational regions, including North America, Europe, and Asia, focusing on the agriculture, food, and industrial sectors. The company is renowned for its innovative products, particularly in potash, phosphates, and bromine, which are essential for various applications, from fertilisers to flame retardants. ICL's commitment to sustainability and advanced technology sets it apart in the competitive landscape, enabling it to meet the evolving needs of its customers. With a robust market position, ICL has achieved significant milestones, including strategic acquisitions and expansions that enhance its product offerings and global reach. As a trusted partner in the industry, ICL continues to drive growth and innovation, solidifying its reputation as a leader in specialty chemicals and minerals.
DitchCarbon Score
How does Icl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Icl's score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Icl's reported carbon emissions
In 2023, ICL Group reported total greenhouse gas emissions of approximately 2,102,000,000 kg CO2e for Scope 1 and about 186,000,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of around 2,288,000,000 kg CO2e. This reflects a commitment to reducing emissions, with a target of achieving a 30% reduction in Scope 1 and 2 emissions by 2030, compared to a 2018 baseline. ICL has also set a more ambitious long-term goal of achieving net zero emissions by 2050. The company aims for a significant reduction of 45% in emissions by 2030 from a 2008 baseline. In addition, ICL has committed to reducing its absolute Scope 1 and 2 GHG emissions by 58.8% by 2034 from a 2022 base year, and Scope 3 emissions by 35% within the same timeframe. ICL's efforts include various initiatives such as enhancing energy efficiency, increasing the use of renewable energy, and implementing a decarbonization roadmap. The company has reported an 18.1% reduction in Scope 1 and 2 emissions from 2018 to 2022, demonstrating progress towards its targets. Overall, ICL Group's climate commitments reflect a proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,883,626,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,080,679,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 184,299,000 | 000,000,000 | - | - | - | - | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Icl is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
