lnternational technical expertise

By 2030, we aspire to be publicly associated with the world’s green industries and, in consequence, we have advanced in pursuit of this transformation in sustainability through some of the following initiatives:

SQM has requested the multinational company Deloitte for a limited assurance engagement review of the key performance indicator associated to the Greenhouse Gas Emissions for the period from January 01 to December 31of 2023, in accordance with the Greenhouse Gas Protocol Standards.

The report includes verification of the carbon footprint for iodine (I2), potassium nitrate (KNO3) and sodium nitrate (NaNO3) products. The two aforementioned in Crystallised and prilled format. The emission sources included in the carbon footprint calculation relate to fixed-source fuel consumption, mobile sources, electricity consumption, input procurement, contractor fuel consumption and the transport of upstream and downstream products. The results were validated in terms of productive intensity and are considered a life cycle approach from cradle to gate.

The International Fertilizer Industry Association (IFA) certified SQM's commitment to responsible, safe product management, which includes aspects such as quality, health, occupational safety, industrial and environmental safety throughout the different stages of the product life cycle. For this certification, the IFA SHE principles align with SQM’s Sustainable Development Policy. This is essential to meeting the standards set forth in the Protect & Sustain program. SQM's certified areas include production, product development and delivery of fertilizers at the Salar de Atacama, Coya Sur, Antofagasta, Santiago and Port of Tocopilla operations. The IFA Protect & Sustain recertification audit was conducted in 2022, and we received the Stewardship Excellence qualification, which is valid for three years.

Ecovadis is a sustainability ratings provider that uses a methodology based on international standards, including the United Nations Global Compact Global Reporting Initiative and ISO 26000. With this certification, we commit to contributing to better sustainability performance through 21 indicators across four main pillars: environment, labor and human rights, ethics, and sustainable procurement.

EcoPorts is the main environmental initiative of the European port sector. It was initiated by a number of proactive ports in 1997 and has been fully integrated into the European Sea Ports Organisation (ESPO) since 2011. The founding principle of EcoPorts is to create a level playing field on environment through cooperation and sharing of knowledge between ports.

ISO 14000 is a family of standards related to environmental management systems (EMS). It provides a framework for organizations to manage their environmental responsibilities in a systematic manner that contributes to the environmental pillar of sustainability. The key standard in this family is ISO 14001, which specifies the requirements for an EMS and helps organizations improve their environmental performance through more efficient use of resources and reduction of waste.

Responsible Care® is the global initiative promoted by the International Council of Chemical Associations ICCA (International Council of Chemical Associations), to promote the sustainable development of the chemical industry, which is made explicit through the slogan “Our Commitment to Sustainability” and demonstrates the commitment to continuous work to improve health, safety and environmental standards of all products and processes.

Our commitment is to comply with the 6 basic principles of Responsible Care®: continuous improvement in environment, health and safety; efficient use of resources; listen, integrate and work with surrounding communities; and provide help to promote responsible management of chemicals. Additionally, re-certify every 3 years.

For over 160 years, S&P Global provides essential intelligence, delivering data, research, credit ratings, benchmarks and ESG solutions that governments, companies and individuals depend on to make decisions with conviction.

Every year The Sustainability Yearbook is published, where for 2024 they considered more than 9,400 companies evaluated in the Corporate Sustainability Assessment (CSA) 2023. Awards are calculated based on the best performing company in each industry and exclusions apply thereafter. This year, only 759 companies made it into the Sustainability Yearbook.

In 2020, SQM joined the evaluation of the Dow Jones Sustainability Index for the first time, qualifying for both the DJSI Chile index and the DJSI MILA Pacific Alliance index, ranking among the five most sustainable companies in Chile. This evaluation highlights improvements in the performance of indices such as corporate governance, environmental policy management and human capital development, in line with SQM's sustainability goals. With a total score of 78/100, SQM is positioned within the top 5% of the global chemical industry, thanks to substantial improvements in the economic, social and environmental dimensions. Given the positive advances recorded in this latest measurement, SQM's next goal is to reduce gaps and move towards inclusion in DJSI World and DJSI EM to continue contributing to the construction of a sustainable future.

In 2020, SQM joined the evaluation of the Dow Jones Sustainability Index for the first time, qualifying for both the DJSI Chile index and the DJSI MILA Pacific Alliance index, ranking among the five most sustainable companies in Chile.

This evaluation highlights improvements in the performance of indices such as corporate governance, environmental policy management and human capital development, in line with SQM's sustainability goals. With a total score of 78/100, SQM is positioned within the top 5% of the global chemical industry, thanks to substantial improvements in the economic, social and environmental dimensions.

Given the positive advances recorded in this latest measurement, SQM's next goal is to reduce gaps and move towards inclusion in DJSI World and DJSI EM to continue contributing to the construction of a sustainable future.