This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Mosaic Company Wins 2013 Excellence Award In Corporate Philanthropy

NEW YORK, Feb. 25, 2013 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today received a 2013 Excellence Award in Corporate Philanthropy from The Committee Encouraging Corporate Philanthropy (CECP). The CECP President's Award recognizes Mosaic's success in helping smallhold farmers in Guatemala, India and eight African countries break the cycle of insufficient crop yields and poverty through The Mosaic Villages Project.

President and CEO of The Mosaic Company, Jim Prokopanko, accepted the award today at The Annual Excellence Awards ceremony at The McGraw-Hill Companies in New York City. IBM also accepted The CECP Chairman's Excellence Award in Corporate Philanthropy for their IBM Smarter Cities Challenge. CECP recognizes these companies' commitments to the communities around them and for exemplifying the Award's four rigorous Standards of Excellence: CEO leadership, partnership, dedication to measurement, and innovation. 

"The independent jury that selected these two Excellence Award winners was deeply impressed by the widespread impact the corporations have had through the success of their programs," said Daryl Brewster, CEO of CECP. "We congratulate the winners for applying their core business strategies to addressing some of the world's most pressing problems—and positively impacting individuals, families and cities around the world through corporate societal engagement."

In partnership with non-governmental organizations, The Mosaic Villages Project works to bridge the gap between food security and water scarcity. Participating farmers are granted no-interest loans to buy crop nutrients and receive agronomic education, including the 4Rs (right time, right place, right source and right rate) of nutrient application. Farmers then repay their loan through the sale of surplus crop yields at harvest. On average, farmers participating in The Mosaic Villages Project have seen crop production increase three to five times over traditional farming practices.

Additionally, Mosaic works with its implementing partners to address unique cultural and community development needs, including:

  • Supporting HELPS International install water filters and energy efficient stoves in Guatemalan villages to improve the health and well-being of farmers and their families; Mosaic also provided technical, science-based work to develop a Mayan heirloom seed bank with HELPS.
  • Partnering with The Institute of Rural Research and Development (IRRAD) to build aquifer-recharging check dams in India that support both community drinking water and irrigation needs for farmers and their families.
  • Working with Millennium Promise to bag and transport more than 2,600 tonnes of fertilizer each year to African smallhold farmers in remote, water-stressed regions; existing supply channels are fragmented and do not fulfill farmers' needs.

"As a global leader in crop nutrition, Mosaic sits at the nexus of two of the world's most pressing problems—food security and water scarcity," Prokopanko said. "In order to fulfill our mission of helping the world grow the food it needs, Mosaic has a responsibility to bring its financial resources, innovative spirit and expertise to the table through strategic partnerships with effective organizations."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,678.23 -40.31 -0.23%
S&P 500 2,056.15 -4.90 -0.24%
NASDAQ 4,863.3620 -13.1570 -0.27%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs