PotashCorp's New Sustainability Report Outlines "The Next Stage of Growth"
Thursday, June 2nd 2011 7:00:25pm
June 2, 2011
Listed: TSX, NYSE
Saskatoon, Saskatchewan - Potash Corporation of Saskatchewan Inc. (PotashCorp) today released its ninth annual sustainability report, The Next Stage of Growth.
"As a company that operates with a long-term view, we believe our sustainability program is vital to the next stage of growth," said PotashCorp President and CEO Bill Doyle. "While we see unprecedented opportunities ahead, our success depends on our ability to live up to the financial, environmental and social expectations of our stakeholders. This sustainability report is not just a measure of our progress; it is a roadmap that shows where we are going and how we intend to get there."
In addition to five-year data charts, analysis, GRI reference tables and stories that illustrate key initiatives, the report documents the company's performance in governance, economic, social and environmental areas. Highlights include:
• Achieving record-low injury rates
• A 189 percent increase in potash sales volumes
• Increased shareholders' voice on executive compensation
• Spending $1.6 billion on potash expansions
• Purchasing 65% of goods and services locally
• Reaching the highest employee training rate in five years, and
• Increasing solid waste recycling by 80 percent.
The report is available online at www.potashcorp2010SR.com.
Potash Corporation of Saskatchewan Inc. is the world's largest fertilizer enterprise by capacity 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, third largest in each of nitrogen and 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. PotashCorp's common shares are listed on the Toronto Stock Exchange and the New York Stock Exchange.
For further information please contact:
Vice President, Investor and Public Relations
Phone: (306) 933-8521
Fax: (306) 933-8844
Senior Director, Public Affairs
Phone: (306) 933-8849
Fax: (306) 933-8844
Web Site: www.potashcorp.com