WEBVTT

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The world is facing an epochal challenge:

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Ensuring global food security without

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destroying our environment.

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Global population is expected
to reach 10 billion people

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by 2050, so the only way

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to ensure global food security
is to increase yields.

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The problem is, if we do the
same thing we did in the past,

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it will have a huge cost on the environment.

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OCP is an African company

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and a global leader in
phosphate fertilizers

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focusing on providing
customized fertilizers

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and fertility solutions to
farmers across the globe.

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Our goal is to accelerate
a just transition

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to a nature-positive agriculture,

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reconciling both yield
improvement and climate action.

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One of the main challenges
we face is the technology

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readiness to reach the
decarbonization targets.

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For example, for green ammonia
production, the scale needed

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for the climate transition
is still a challenge,

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and the system efficiency is
also key to address the cost gap.

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Another big challenge is that 85%
of our greenhouse gas emissions are indirect

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and come from our Scope 3 emissions.
Much of it is generated at the farmer gate.

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We believe there is a competitive
advantage in being our

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industry's sustainability leader

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and being a role model in our operations.

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We have set very
ambitious climate targets

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and we are delivering on them.

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We have committed to carbon
neutrality in our industrial

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base and energy sources by 2030, as well

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as carbon neutrality on all our direct

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and indirect emissions in our products

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and their use by 2040.

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OCP aims to supply all its industrial
facilities with green energy

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by 2027 using wind, solar,
and co-generation sources.

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We are investing $13 billion
in the next five years

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to drive the development of

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sustainable climate-positive
agricultural solutions.

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The program addresses our core
business of phosphate rock

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and fertilizers' availability and quality,

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but it also focuses on
unconventional water production,

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mainly desalination

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and wastewater treatments,
as well as green energy

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and green hydrogen and
green ammonia developments.

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To secure execution, each business unit has
a clear mandate on which they are accountable.

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Leadership is supporting execution but they have to
make it happen. We call them ‘Must Win Battles’.

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The vision behind launching UM6P was to

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enable OCP, at the beginning,
to have access to worldwide

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research platforms, researchers, faculty,

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and at the same time giving
access to its employees

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to education in different areas. A new way

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of doing agriculture, a new way

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of enabling this green revolution,

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taking into account the
nature of the soil, the nature

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of the crops, the needs of the crops,

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and all that is now possible thanks

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to the science, technology,
knowledge developed in the

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different labs of UM6P.
OCP is building strategic

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objectives based on the
sustainability framework.

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Now, how to deliver that?

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We have some solutions that
are here, some patents,

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and we need to bring them
to the industrial level.

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And this is the role of a subsidiary

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of UM6P called InnovX,
which has a mandate to

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bring all the knowledge to create value

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for not just the group,
but for all the continent.

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Soil is a major asset
for humankind, a home

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to 25% of the world's biodiversity,

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and it contains two to
three times the carbon

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that you find in the atmosphere.

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So focusing on soil

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and soil health is a way

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to improve agriculture productivity,

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and at the same time, sequestering carbon,

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improving the resilience of
agriculture and its performance.

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So with the right fertilization practices

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and conservation practices,

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agriculture has the potential
not only to maintain

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high yields, but also to move from

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a net contributor to global warming

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to a net carbon sink and
contribute to climate action.

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And OCP is making its
mission to contribute

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to this transition.

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We are working on an
innovative business model

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that would reward farmers
based on their efforts

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to sequester carbon in soils.

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Moreover, we are tackling
supply chain bottlenecks

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through industrial local
integration in order

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to promote local capabilities

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and inclusive developments while reducing

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overall production costs.

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The most important thing for us is
impact: impact on communities,

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impact on economic growth within Africa.