- FMC Corporation and The HALO Trust join forces to improve farm safety through demining programs in Ukraine
PHILADELPHIA and THORNILL, Scotland, April 3, 2023 /PRNewswire/ --
FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, and The HALO Trust, a non-governmental humanitarian organization that protects lives and restores livelihoods for people affected by conflict, today announced a new collaboration to improve agricultural security in Ukraine.
Under the umbrella of its Cultivating Freedom campaign, FMC will donate 3% of its 2023 sales revenue in Ukraine to significantly expand its demining efforts in affected regions across the country. With this funding, The HALO Trust will be able to significantly increase its ability to remove landmines from Ukrainian farms.
"We are proud to announce our partnership with The HALO Trust: for more than three decades, their extensive mine clearance activities have helped improve security and livelihoods in many conflict-affected countries," said Mark Douglas, President and CEO of The HALO Trust. FMC. "This project not only ensures that Ukrainian farmers can safely return to their fields to plant and harvest, but also contributes to improving food security around the world. Through this collaboration, we aspire to contribute to a future in which that farmers can farm their land without fear of the explosive remnants of war and pave the way for strong reconstruction efforts that benefit farming communities and the entire country."
James Cowan, CEO of The HALO Trust, said: "We are very grateful for FMC's generous commitment to fund our work to save lives in Ukraine. It will allow us to invest in the personnel, equipment and new technology necessary for the enormous task to protect Ukraine from land mines, bombs and shells. With the support of FMC, we will deploy demining teams and critical demining teams to clear the land of Ukrainian farmers, their families and their communities."
The collaboration between FMC and The HALO Trust will start in April in various communities in Ukraine.
About FMC
FMC Corporation is a global agricultural sciences company dedicated to helping farmers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative solutions for crop protection - including biologicals, crop nutrition, and digital and precision agriculture - enable growers, crop advisors, and crop and pest management professionals to tackle their toughest challenges economically, while protecting the environment. With approximately 6,600 employees at more than 100 locations worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are always better for the planet. For more information, visit fmc.com and follow us on LinkedIn® and Twitter®.
About The HALO Trust
The HALO Trust is a global non-profit organization whose mission is to protect the lives and restore livelihoods of people affected by conflict. Since 1988, HALO has served those affected by conflict, clearing land mines and explosive remnants that indiscriminately threaten life, limb and livelihoods, both before and after fighting has ended. It operates in 30 countries and has a staff of around 12,000 people, the vast majority of whom are locals trained to make their own communities safe.
HALO has been operating in Ukraine since 2016 and, since the 2022 Russian invasion, has expanded its program to remove mines and other explosives from previously occupied land around Kiev, Kharkov and Mykolaiv.
Private Securities Litigation Reform Act of 1995 Safeguards Statement: This release contains forward-looking statements, which are based on management's current opinions and assumptions regarding future events, future business conditions, and prospects for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from results, activity levels, performance or achievements expressed or implied by any forward-looking statement. These factors include, among others, the risk factors and other cautionary statements included in FMC's 2022 Form 10-K filed with the SEC, as well as in other SEC filings and public communications. FMC cautions readers not to place undue reliance on such forward-looking statements, which are valid only as of the date made. Forward-looking statements are qualified in their entirety by the foregoing cautionary statement. FMC assumes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date they are made, except as otherwise required by law.
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