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.
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.
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.
Icl's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ICL Group Ltd reported total greenhouse gas emissions of approximately 2,131,000,000 kg CO2e for Scope 1 and about 65,000,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of around 2,196,000,000 kg CO2e. In 2023, the company recorded similar emissions, with Scope 1 at approximately 2,102,000,000 kg CO2e, Scope 2 at about 186,000,000 kg CO2e, and Scope 3 emissions at around 4,774,500 kg CO2e. ICL has set ambitious climate commitments, targeting a 30% reduction in Scope 1 and 2 emissions by 2030, using 2018 as the baseline year. This commitment is part of a broader strategy that includes achieving a 45% reduction in emissions by 2030 from a 2008 baseline. Additionally, ICL aims for net-zero greenhouse gas emissions by 2050 across all scopes. The company has made significant progress, achieving an 18.1% reduction in Scope 1 and 2 emissions from 2018 to 2022 through various initiatives, including energy efficiency measures and the commissioning of a Combined Heat and Power plant. ICL's near-term targets have been validated by the Science Based Targets initiative (SBTi), which includes a commitment to reduce absolute Scope 1 and 2 emissions by 58.8% by 2034 from a 2022 base year, and a 35% reduction in Scope 3 emissions within the same timeframe. ICL's headquarters is located in Israel, and the company is actively working towards enhancing its sustainability practices in the chemicals sector.
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2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,908,948,000 | 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 | 1,138,502,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 178,101,000 | - | - | - | - | 0,000,000 | 0,000,000 | - |
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.