OCP Joins World Business Council for Sustainable Development

Morocco’s state-owned phosphates company (OCP) has joined the World Business Council for Sustainable Development (WBCSD), an international organization of over 200 forward-thinking companies committed to sustainable development.

Joining WBCSD’s network will enable OCP Group to continue to enhance and implement its sustainability ambitions in collaboration with such partners, sharing the same goals and values.

Mostafa Terrab, OCP Chairman & CEO said: “We are delighted to join WBCSD and the other member companies who are part of this vital commitment to accelerate the transition to a sustainable world”.

“Our sustainable development vision is deeply rooted in our DNA, as we serve as stewards of the world’s largest reserves of Phosphate, a vital plant nutrient which is critical to the mission of feeding a growing global population in a sustainable fashion”, he added.

For his part, WBCSD President & CEO Peter Bakker welcomed the WBCSD newest member, saying the Moroccan OCP group will bring in a very valuable addition to its projects shaping the global food system.

As a world leader in the phosphate and related products, OCP Group is implementing a strategy that strengthens its status as one of the most sustainable fertilizer producers in the world, and thus meets the goals of sustainable development (SDGs) set by the UN.

OCP has set itself ambitious goals by launching the “Circular Economy” program within its “Sustainability Platform” with an approach aiming to create a green dynamic, as well as to foster symbiosis with the industrial ecosystem and communities.

This new approach, which consists of moving from a linear pattern of resource consumption to a circular approach, is concretized through four axes: the preservation of resources, sustainable production, the rationalization of consumption and the valorization of waste in resources.

WBCSD seeks to accelerate the transition to a sustainable world by making more sustainable businesses work together for a more impactful action. It believes that collaboration between private businesses is the only way to achieve the impact and scale necessary to achieve the Sustainable Development Goals.

The Geneva-based WBCSD was created in 1995 as a merger of the Business Council for Sustainable Development and the World Industry Council for the Environment. The council has offices in New York and New Delhi.