OCP Group has joined the World Business Council for Sustainable Development (WBCSD), an international association of more than 200 forward-thinking multinationals committed to sustainable development.
The integration of this global network will enable OCP Group to pursue the achievement of its sustainable development ambitions in collaboration with major international groups sharing the same objectives and values.
On this occasion, OCP Group Chairman and CEO Mostafa Terrab said he was “happy to join the WBCSD and become part of the member companies of this organization”.
“We are all part of this vital commitment to accelerate the transition to a sustainable future. Our vision in this area is deeply rooted in our DNA because we conscientiously manage the world’s largest reserves of phosphate, a nutrient essential for sustainably feeding a growing world population,” he added.
Peter Bakker, CEO of WBCSD, said that “the Board is pleased to welcome OCP as a new member,” noting that “ensuring that 9 billion people can live well within the boundaries of what can offer the planet by 2050 is at the heart of our vision for a sustainable world. This makes OCP a valuable asset to our members and to many of our projects in a context of transformation of the global food system.”
OCP Group, a global leader in the phosphate and related products industry, is implementing a strategy that strengthens its status as one of the most sustainable fertilizer producers in the world, and thus meets the goals of sustainable development (SDGs) set by the UN.
OCP has set itself ambitious goals by launching the “Circular Economy” program within its “Sustainability Platform” whose approach aims to create a green dynamic, as well as to foster symbiosis with the industrial ecosystem and communities. This new approach, which consists of moving from a linear pattern of resource consumption to a circular approach, is concretized through four axes: the preservation of resources, sustainable production, the rationalization of consumption and the valorization of waste in resources.
The “Circular Economy” program contributes to better value creation for the Group’s customers and partners. It also benefits its employees and the people living on its sites. Several objectives are targeted: zero conventional water consumption, 100% clean energy, rehabilitation of mines in structuring agricultural projects for communities, control of emissions and effluent management, maximization of low-grade phosphate recovery, implementation intelligent farming…
As a reminder, the WBCSD’s mission is to accelerate the transition to a sustainable world by making the companies that make sustainable development their top performers. This organization promotes collaboration among private sector companies as the only way to achieve the impact and scale needed to achieve the Sustainable Development Goals (SDGs).
In this sense, the council works for the development of business solutions and the sharing of advanced practices among its members. It also participates in the development of public policies to create the appropriate framework for businesses to contribute effectively to the goals of sustainable development.