ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced that Agmatix, the company’s ag tech digital start-up, has been named to Fortune’s 10th Annual Change the World list. The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among other factors, nominees are assessed on their measurable impact on people and the planet, profitability related to their impactful work, and the degree of innovation they have demonstrated.
Agmatix was recognized for its AI-driven platform, which helps agrifood companies’ agronomists and suppliers implement environmentally friendly crop strategies. Agmatix users oversee some 15 million acres of land worldwide, and the company’s new RegenIQ platform, which was unveiled in early September, allows those users to get real-time data about what is working and what isn’t.
RegenIQ offers a scalable and adaptable approach to assessing the impact of local practices on environmental outcomes and crop yields across four key areas: soil health, water, biodiversity, and climate. By connecting agrifood companies to real-time field-level activities, RegenIQ enables them to tailor regenerative practices to specific crops and conditions through a standardized, data-driven approach, which not only enhances environmental effectiveness but also strengthens supply chain resilience. With RegenIQ, companies can confidently track and achieve their ESG goals and Scope 3 requirements at scale.
“We’re honored to join the Fortune Change the World list and take a place among the global leaders who are shaping a more sustainable future through meaningful change,” said Ron Baruchi, CEO of Agmatix. “Our focus on sustainable agriculture and smart data use has earned us a spot among organizations working to improve lives and protect the planet.”
Fortune's 2024 list showcases 52 companies globally that have created significant social or environmental impact through their profit-driven strategies and operations, and it spans a range of industries, including technology, space, e-commerce and health care. This year's final list includes 30 companies from North America, 12 from Europe, eight from Asia and Australia, one from Africa, and one from South America and was selected from a field of 250 nominees. The full Fortune 2024 Change the World list is available at: https://fortune.com/ranking/change-the-world/.
About ICL
ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity's sustainability challenges in the food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its global professional workforce, and its sustainability focused R&D and technological innovation capabilities, to drive the company's growth across its end markets. ICL shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,000 people worldwide, and its 2023 revenues totaled approximately $7.5 billion.
For more information, visit ICL's website at icl-group.com.
To access ICL's interactive CSR report, visit icl-group-sustainability.com.
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About Agmatix
Agmatix is an agro informatics company that develops data-driven solutions for ag professionals worldwide. Their cutting-edge technology platform uses agronomy data science and advanced AI technology to convert agronomic data into actionable insights at field level. The SaaS platform aggregates, standardizes, and harmonizes agronomic data from trials and experiments, unlocking a significant new layer of knowledge. With a revolutionary approach, Agmatix aims to solve the lack of data standardization to dramatically improve agricultural practices, crop yields, nutritional quality, and promote sustainable agriculture.
For more information on Agmatix, please visit www.agmatix.com.
Forward Looking Statements
This announcement contains statements that constitute forward-looking statements, many of which can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others.
Forward-looking statements appear in this press release and include, but are not limited to, statements regarding the company’s intent, belief or current expectations. Forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: estimates, forecasts and statements as to management's expectations with respect to, among other things, business and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, positioning, objectives and expectations, general economic, market and business conditions, supply chain and logistics disruptions, energy storage and electric vehicle growth, the potential for new COVID-19 variants, global unrest and conflict, governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, changes in environmental, tax and other laws or regulations and the interpretation thereof, and war or acts of terror and/or political, economic and military instability in Israel and its region, including the current state of war declared in Israel and any resulting disruptions to our supply and production chains. As a result of the foregoing, readers should not place undue reliance on the forward‐looking statements contained in this press release concerning the timing of the transaction, or other more specific risks and uncertainties facing ICL, such as those set forth in the “Risk Factors” section of its Annual Report on Form 20-F filed on March 14, 2024, as such risk factors may be updated from time to time in its Current Reports on Form 6-K and other filings ICL makes with the U.S. Securities and Exchange Commission from time to time.
Forward-looking statements refer only to the date they are made, and the company does not undertake any obligation to update them in light of new information or future developments or to publicly release any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events.
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