DAVOS, Switzerland,
Jan. 21, 2020 /PRNewswire/
-- Andrey Guryev, President of the Russian Fertilizer
Producers Association and CEO of PJSC PhosAgro, one of the world's
largest producers of phosphate-based fertilizers, will take part in
panel sessions and discussions at the 50th World Economic Forum
(WEF), which will be held in Davos
on 21–24 January 2020.
The WEF will host some 3,000 participants, including the heads
of a number of states and non-governmental organizations, as well
as top executives from some of the world's leading companies.
According to the organizers, the goal of Davos 2020 will be to discuss a model of
'capitalism for all stakeholders' that will make it possible to
implement the UN Sustainable Development Goals (SDGs) and the
targets established by the Paris Agreement on climate change.
In this context, discussions during most of the forum's panel
sessions will focus on an exchange of experiences among speakers
concerning the implementation of best practices in relation to
environmental, social and governance (ESG) factors at the level of
states, business and non-governmental organisations.
PhosAgro CEO Andrey Guryev said:
"The agenda for the World Economic Forum 2020 is aligned with the
priorities of PhosAgro's long-term development strategy: as one of
the guarantors of world food security, the Company understands its
global responsibility and is making a real contribution to
achieving 10 of the UN's 17 SDGs, which are a key driver in terms
of environmental responsibility and preserving the planet for
future generations."
"Work aimed at integrating the SDGs into PhosAgro's operations
throughout the entire production cycle is led by the Board of
Directors' Committee on Sustainable Development, which started
working last year. The Committee is headed by Irina Bokova, an independent member of the Board
of Directors who previously held the post of Director-General of
UNESCO and who has unique expertise in this area."
"PhosAgro has the ambition, potential and opportunity to make
further progress in terms of ESG criteria. We have already managed
to achieve significant improvements in this area in recent years,
which has drawn attention at the UN level: PhosAgro was granted
LEAD status as one of the most engaged participants of the UN
Global Compact, a platform for socially responsible businesses that
are making considerable contributions to the achievement of the
SDGs."
"During the panel sessions in Davos, we will share our experience to date,
and it will be interesting to learn about our peers' best
practices. I am going to take part in meetings with global business
leaders and with decision makers in the chemical, mining and
advanced-materials industries. We will discuss the main factors
affecting our industry, and we will also address issues related to
cooperation and the implementation of joint initiatives to take on
contemporary challenges and threats, including in the areas of food
security and the environment."
About PhosAgro
PhosAgro (www.phosagro.ru) is one of the world's leading
vertically integrated phosphate-based fertilizer producers in terms
of production volumes of phosphate-based fertilizers and high-grade
phosphate rock with a P2O5 content of 39% and
higher. PhosAgro's environmentally friendly fertilizers stand out
for their high efficiency, and they do not lead to the
contamination of soils with heavy metals.
The Company is the largest phosphate-based fertilizer producer
in Europe (by total combined
capacity for DAP/MAP/NP/NPK/NPS), the largest producer of
high-grade phosphate rock with a P2O5 content
of 39%, one of the leading producers of feed phosphates (MCP) in
Europe, and the only producer in
Russia, and Russia's only producer of nepheline
concentrate (according to the RAFP).
PhosAgro's main products include phosphate rock, 39 grades of
fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate,
which are used by customers in 100 countries spanning all of the
world's inhabited continents. The Company's priority markets
outside of Russia and the CIS are
Latin America, Europe and Asia.
PhosAgro's shares are traded on the Moscow Exchange, and global
depositary receipts (GDRs) for shares trade on the London Stock
Exchange (under the ticker PHOR). Since 1
June 2016, the Company's GDRs have been included in the MSCI
Russia and MSCI Emerging Markets indexes.
More information about PhosAgro can be found on the website:
www.phosagro.ru.
