Nyse CMP 2021
Nyse CMP 2021
Nyse CMP 2021
Fiscal 2021
ESG Report
TABLE OF CONTENTS
CEO Letter 3 OUR COMMUNITIES 25
Materiality Assessment
Community Engagement Survey 25
and Stakeholder Engagement 4
Compass Minerals Cares 26
OUR COMPANY 6 Earth Week 26
DEAR STAKEHOLDERS, Living our commitment to these four pillars Alongside the continued evolution of our company,
requires active management of our ESG impacts we undertook a materiality assessment to better
I am pleased to share with you Compass Minerals’
and opportunities for improvement. Throughout understand the ESG priorities of our shareholders,
Fiscal 2021 ESG Report. In the following pages,
fiscal 2021, we embraced such opportunities and employees, customers, business partners and
we detail how our company is performing — and
positioned our company for sustainable growth. neighbors — and assess them against those of our
continuously working to improve — around the
company. The results of this assessment helped to
environmental, social and governance (ESG) issues Following a strategic assessment of our asset
identify those material topics on which we will keep
most important to our business and our stakeholders. portfolio, product mix and core competencies, we
you informed in the years to come, as well as shape
finalized the sale of our North America micronutrient
We approach this work through a fundamental our fiscal 2025 ESG goals and targets, outlined in the
assets, as well as our South America specialty plant
commitment to four key pillars: safety, growth, Looking Forward section of this report.
nutrition business. We also announced plans to
transparency and stewardship. Together, these
expand our essential minerals portfolio through the As you explore our Fiscal 2021 ESG Report, I extend
pillars form our sustainability compass, guiding our
development of a sustainable lithium brine resource my thanks to all of you — our stakeholders — for
decisions and business practices across all aspects of
at our solar evaporation site on the Great Salt Lake. contributing to our journey by providing Compass
our company.
Additionally, we acquired a minority ownership stake Minerals with the trust, counsel and support to help
• Safety: Striving toward zero harm, our highest in a next‑generation fire retardant company dedicated ensure we remain a sustainable business. Through
priority is ensuring the health and safety of our to producing a portfolio of more environmentally the responsible transformation of Earth’s natural
employees and communities in which we operate friendly fire retardants to combat the devastating resources, we deliver products that help keep people
• G
rowth: We work to enable sustainable, profitable effect of wildfires. safe, feed the world and enrich lives. That is our Core
growth by maximizing the value and efficiency of Purpose, and we take great pride in fulfilling it.
our production assets, investing in our people,
driving innovation and exceeding customer
expectations Sincerely,
• T
ransparency: Firmly committed to a culture
of trust, transparency and accountability, we
seek open and honest communication with our
stakeholders, while showing respect for diversity, in
all its forms
• S
tewardship: We honor our responsibility to
serve as good stewards of the natural resources
Kevin S. Crutchfield
we rely on to produce, manufacture and market
essential mineral products, minimize the impact President and CEO
we have on our environment, and recognize June 9, 2022
the markets we serve may be impacted by a
changing climate
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 4
1
In this ESG report, we use the terms “material,” “materiality” and similar terms to refer to ESG topics that are most significant to Compass Minerals’ business
and stakeholders. We are not using these terms as they have been defined or construed in accordance with the securities laws or any other laws of the U.S.
or any other jurisdiction, or as these terms are used in the context of financial statements and financial reporting, and nothing in this report should be
construed to indicate otherwise.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 5
MANAGEMENT COMPETENCY
COMPLIANCE WITH
CUSTOMER SERVICE ENVIRONMENTAL
& RETENTION LAWS & REGULATIONS
TIER 1
SUSTAINABLE SUPPLY CHAIN RIGHTS OF INDIGENOUS PEOPLES
MARKETING
IMPACTS OF TRANSPORT & LABELING
TIER 2
ABOUT THIS REPORT SUSTAINABILITY four standing committees oversee our management
team to help ensure we meet our responsibilities
This report highlights our approach toward and GOVERNANCE
to our diverse stakeholders. This includes growing
management of the ESG issues that matter most to Our ESG responsibilities are governed at the highest sustainably, acting ethically and working to deliver on
our company and our stakeholders. The structure level of our company. Our board of directors and its our full potential.
and disclosures of this report align with leading
sustainability reporting frameworks, namely the
Global Reporting Initiative (GRI) Standards and the
Sustainability Accounting Standards Board (SASB).
We have additionally looked to the Task Force on
Climate‑related Financial Disclosures (TCFD) and the
United Nations Sustainable Development Goals (U.N.
SDGs) to inform our reporting and actions.
GOVERNANCE STRUCTURE
We have a dedicated board‑level Environmental, officer and oversees our legal compliance
Health, Safety and Sustainability (EHS&S) Committee, program, which includes our anti‑corruption and
which oversees EHS&S management, policies, targets fair competition policies. Employees throughout
and procedures. In May 2021, the EHS&S Committee the organization manage legal and regulatory
updated its charter to provide additional detail compliance, audits and reporting requirements for
on its oversight responsibility regarding Compass the jurisdictions in which we operate. Site leaders
Minerals’ efforts to advance progress on sustainability. collaborate with key corporate partners to ensure
Furthermore, the Compensation Committee’s site‑level management is successful and performance
mandate in February 2021 was updated to expressly expectations are achieved. In addition, Compass
include oversight of our company’s human capital Minerals’ Policy Committee is a cross‑functional,
management strategies, in addition to talent multi‑disciplinary team of employees that helps to
management policies and practices for promoting ensure a consistent and collaborative process for
diversity and inclusion. The Compensation Committee developing, implementing, revising and maintaining
regularly reviews and discusses with management our companywide policies.
our diversity, belonging, inclusion and equity (DBIE)
strategy and progress. CODE OF ETHICS
In July 2021, we created an expanded senior Grounded in our Core Values, our Code of Ethics
management level role, the position of chief public governs our decisions and actions, whether we are
affairs and sustainability officer, who reports directly working in a mine, selling our products to customers
to the CEO. or meeting in our corporate offices. In fiscal 2021,
we further enhanced our ethics and compliance
efforts by integrating our legal compliance training
GOVERNING POLICIES program with Compass Minerals University.
We are guided by our Core Values of Integrity, Employees can now access compliance training on
Respect, Collaboration, Value Creation and High the same web‑based platform they use to access
Performance. These values are foundational to who leadership and development training. The new
we are and how we engage with our shareholders, compliance training platform also allows our ethics
customers, vendors, communities and colleagues. and compliance content to be tailored to specific
Our business strategies are built upon the foundation company policies and the jurisdictions and industries
of shared ethical principles and standards for doing in which we operate. In fiscal 2021, approximately
business the right way, which are outlined in our 1,450 employees completed compliance training
Code of Ethics and Business Conduct (Code of Ethics). and approximately 1,125 employees completed our
annual Code of Ethics certification. This training is
Our chief legal and administrative officer and
in addition to other components of our compliance
corporate secretary serves as our chief compliance
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 9
program focused on providing our employees with with their manager or a human resources through internal communications and ongoing
tools to help ensure we comply with our policies and representative. Employees and others can also simulated phishing campaigns.
legal requirements, including ethics and compliance raise issues, seek guidance and express concerns
communications and Code of Ethics toolbox talks for via Compass Quest, a dedicated email platform. In
PUBLIC POLICY
production employees. addition, we have a Compass Minerals Ethics Hotline
Compass Minerals engages in public policy
that employees and others can access at any time via
discussions relevant to our business, employees,
ANTI‑CORRUPTION POLICY the phone or internet. Our Ethics Hotline is operated
stakeholders and the communities where we
by an independent third-party provider and any
We communicate our anti‑corruption policy to all operate at local, regional and national levels. We
stakeholder can make complaints to the Ethics Hotline
employees, provide anti‑corruption training as part support public policies that promote safe and
anonymously to the extent permitted by local law.
of our new‑hire curriculum for networked employees sustainable operations, responsible stewardship
and include anti‑corruption topics in broad‑based of our natural resources, productive mining and
employee communications. In March 2021, we CYBERSECURITY manufacturing practices, fair competition and
updated our anti‑corruption policy to include specific Our company firmly safeguards the data and regulatory certainty. Our advocacy efforts occasionally
examples of actions that align with, or are prohibited systems of our business, our partners and our include support for political organizations that align
by, the policy. Following this policy update, more customers. Our chief information and transformation with our business interests.
than 675 employees completed a web‑based global officer leads our cybersecurity program, overseen by
anti‑corruption training course. our board‑level Audit Committee. Regular updates
on our cybersecurity risks and the status of our
Anti‑corruption risk assessment is part of our
cybersecurity efforts are provided by the senior
annual enterprise risk management process. We
management team to the Audit Committee and
use screening procedures to consider corruption
broader board of directors.
risks when evaluating third parties, such as sales
agents, and we have other mechanisms to evaluate We conduct an annual risk assessment of the
corruption risks, including risks related to how company’s security posture against industry
products are sold in the industries and countries in standards, identifying risks and new threats or
which we operate. Our company’s Supplier Code of vulnerabilities. Our information security policies play a
Conduct also requires our suppliers fully comply with central role in ensuring the success of the company’s
all applicable anti‑corruption laws. cybersecurity strategy. These polices are aligned with
best practices and comply with applicable laws and
REPORTING CONCERNS regulations. In addition, our company maintains an
Compass Minerals provides systems for employees information security risk insurance policy. We also
and external stakeholders to easily report concerns. offer annual cybersecurity training to employees
For example, employees are encouraged to speak and contractors and promote year‑round awareness
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 10
OUR WORKFORCE
Our workforce drives the success of our company and is paramount to creating
long‑term value. We strive to put our employees first and foster an environment in
which their well‑being, career progression and sense of belonging are prioritized.
By investing in our workforce and culture, we are ensuring a strong, sustainable
future for our company.
WORKFORCE
HEALTH AND SAFETY BY COUNTRY 3
Compass Minerals employs a comprehensive Employees at each of our operational sites receive Compass Minerals complies with the appropriate
approach to workplace health and safety that covers annual health and safety training, and equipment national and local jurisdictional reporting
risk identification, assessment, elimination and operators receive equipment‑specific training and agencies worldwide to measure injury and illness,
mitigation. Through these efforts, we have developed safe work procedures for specific tasks. We use safety including the U.S. Occupational Safety and Health
a safety-focused culture that drives progress toward software platforms to manage and document health Administration (OSHA), the U.S. Mine Safety and
an injury‑ and incident‑free workplace. In 2016, and safety compliance, and these platforms also allow Health Administration, the Canadian Ministry of
we established a Health and Safety Management us to tailor training to site‑specific needs. In addition, Labor and Minister of Mines, and the U.K. Health
System, which continues to evolve as we evaluate our sites employ a work‑halt process that empowers and Safety Executive. Where there are no local
opportunities to raise health and safety standards. all employees and contractors, regardless of position, regulatory reporting requirements, we use OSHA
We have instituted processes and piloted programs to stop work immediately in a hazardous situation. standards as our benchmark. Our primary metric
intended to engineer out risk when possible, which for measuring workplace injuries is the Total Case
As a part of our safety strategy, we continue
include installing barriers to isolate risk, improved Incident Rate (TCIR), which is an injury rate calculation
to prioritize investigation and elimination of
lighting systems, automatic fatigue monitoring used by OSHA.
high-potential incident factors. A high-potential
technology and improved visibility for equipment
incident is a serious near‑miss event that could have
operators. We continue to enhance policies and
resulted in a fatality or life‑changing injury. Through
procedures related to health and safety, and have Chief Operations Officer Annual
investigation, we work to determine which factors Safety Awards Recognize
implemented numerous standards related to
played a role in an incident and use this information Outstanding Safety Achievements
electrical work, fall protection, confined space and
to focus on mitigation and opportunities to establish
dock loading of trucks, to name a few.
more effective controls.
As part of our commitment to zero harm
and putting safety above all else, we
recognize the efforts and safety milestones
of our sites in fiscal 2021.
SAFETY PERFORMANCE 4
EXPANDING SAFESTART
ACROSS OUR OPERATIONS Compass Minerals Joins
FISCAL 2021
In fiscal 2021, we continued deploying the CASERM to Evaluate the
SafeStart® program across our platform. SafeStart Stability of Mine Roof Structures
Reportable Injuries
Total Fatalities 0
4
Includes employees and contractors under the company’s direct supervision. For historical data, please visit Compass Minerals Reporting & Archives.
5
TCIR is calculated as the number of reportable incidents per year multiplied by 200,000, divided by exposure hours. It is an indicator of the number of
incidents per 100 employees per year.
6
LTIR is calculated as the number of lost-time and restricted-duty incidents per year multiplied by 200,000, divided by exposure hours. It is an indicator of
the number of lost time/restricted duty incidents per 100 employees per year.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 13
WORKFORCE 7
Compass Minerals continues to explore ways to FISCAL 2021
FISCAL 2021 diversify our leadership, recognizing the benefits that
come from diverse backgrounds and experiences. Gender Diversity (Female) 30%
White 69% We are committed to being an employer of choice for Racial/Ethnic Diversity (Non‑white) 8%
Black 8% top diverse talent globally, by creating a company that
embraces diversity, equity and inclusion. To expand
Asian 2% BOARD OF DIRECTORS DIVERSITY 11
our access to a diverse talent pipeline, we are taking
Other 8 2% • Increasing targeted partnerships and intentional Gender Diversity (Female) 25%
recruiting focused on diverse talent pools
Undisclosed 12% Racial/Ethnic Diversity (Non‑white) 13%
• L
everaging transferrable skill sets from talent
Age
outside of our industry
GENDER DIVERSITY 9
≤55 13%
• E
stablishing proactive sourcing strategies to
FISCAL 2021 ensure diverse candidate pools as positions 56‑62 38%
become available
63‑69 25%
U.S.
≥70 25%
Male 83%
Female 17% 7
As of Sept. 30, 2021. Excludes contractors, temporary workers, interns and apprentices. For historical data, please visit Compass Minerals Reporting & Archives.
8
Represents Native American, Hawaiian and/or two or more races.
Canada 9
As of Sept. 30, 2021. Excludes contractors, temporary workers, interns and apprentices. For historical data, please visit Compass Minerals Reporting
& Archives.
Male 91% 10
As of Sept. 30, 2021. Excludes contractors, temporary workers, interns and apprentices. Director-level management employee and above. For historical
data, please visit Compass Minerals Reporting & Archives.
Female 9% 11
As of immediately following the Annual Meeting of Stockholders on May 18, 2021. For historical data, please visit Compass Minerals Reporting & Archives.
U.K.
Male 88%
Female 12%
Total
Male 87%
Female 13%
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 15
12
We define gender parity as a female to male pay gap of 2% or less at the consolidated company level.
13
As of Sept. 30, 2021. Ratio compares average female salary to average male salary. Excludes contractors, temporary workers, interns and apprentices. For historical data, please visit Compass Minerals Reporting & Archives.
Shared Vision Strategic Clarity Role Clarity Bottom-Up Knowledge Operationally Rewards and Consequence Supportive
Innovation Sharing Disciplined Recognition Management Leadership
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 16
benefits such as company matching contributions to our recruitment strategies by partnering with
employee retirement savings plan accounts, tuition organizations like Direct Employers, Society of FISCAL 2021
reimbursement, and medical and dependent-care Women Engineers, and historically Black colleges
flexible spending accounts. and universities to connect us to a diverse pool of U.S.
professionals. We are also engaging with local high Male 14%
We offer an employee assistance program (EAP), and
schools and universities to recruit talent from the
during the COVID‑19 pandemic, we communicated Female 26%
communities in which we operate. We remain focused
regularly with our employees to promote valuable
on recruiting the most qualified candidates and aim to Total 16%
EAP services like counseling, crisis support,
hire locally when possible.
coaching, legal and financial advice, and childcare
Canada
assistance. In addition, our employees were eligible Compass Minerals is an equal opportunity and
for COVID‑19 relief pay to be used in the event of a affirmative action employer. We are firmly committed Male 7%
positive COVID test or need to quarantine. to making all employment-related decisions without
Female 11%
regard to race, ancestry, ethnicity, color, religious
In fiscal 2021, we introduced a parental leave Total 7%
creed or belief, national origin, sex (including sexual
policy that provides all regular full‑time employees
orientation, gender identity, and pregnancy and
in the U.S. with the opportunity to take up to six U.K.
breastfeeding), age, military or veteran status,
weeks of paid parental leave at 100% of base pay Male 4%
status as a qualified individual with a disability,
rate. This policy applies to all genders and includes
genetic information, and any other characteristic
adoptive parents. Female 11%
protected by law.
Total 5%
To help ensure employees are equipped with the
Over fiscal 2021, our company’s voluntary turnover
tools and knowledge regarding their benefits, we
rate was 12%. We have a multi‑pronged strategy to Companywide
communicate benefit‑related information via emails,
reduce turnover, including creating a culture that
our employee app, screens located at our operating Male 10%
prioritizes organizational health, working toward a
sites and webinars hosted by benefit providers.
shared vision and providing career development Female 21%
opportunities for employees. In addition, we are
Total 12%
14
Excludes contractors, temporary workers, interns and apprentices. For historical data, please visit Compass Minerals Reporting & Archives.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 18
OUR PRODUCTS
Through our diverse line of products, Compass Minerals lives our Core Purpose to help keep people safe, feed the world and enrich
lives. Our salt keeps roads and travelers safe during winter weather. Sulfate of potash (SOP), a high‑value form of potassium, enhances
agricultural productivity and supports food security. Our products contribute to human and animal nutrition, improve water quality
and are essential to numerous chemical and industrial processes.
KEEP PEOPLE SAFE Safer Choice Standard, an EPA distinction awarded Compass Minerals is a minority owner of Fortress,
to products that exemplify safety, both in protecting a next‑generation fire retardant company. Fortress’
DEICING SALT consumer health and the environment. suite of products was developed primarily using
magnesium chloride from our Ogden, Utah solar
Compass Minerals is the North American and U.K.
leader in salt production. We offer bulk and a variety MAGNESIUM CHLORIDE evaporation site. The formulations are more
environmentally friendly than standard long‑term fire
of packaged salt products promoting winter safety Magnesium chloride has many uses, including as an
retardants used to combat wildfires in North America
for many communities. Our deicing salt prevents ice additive and a stand‑alone deicer, or as a dedusting
and around the world.
formation and facilitates ice melting from roadways and stabilizing agent for gravel roads, which reduces
to driveways and sidewalks. For home use, three of maintenance and increases safety.
our Safe Step® deicing product lines meet the
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 21
We encourage our suppliers to improve the STRUCTURE AND RESILIENCE rates increased across all segments. Overall,
environmental and social impacts of their operations. customers indicated that they felt heard and that
Despite significant supply chain disruption across the
In fiscal 2021, we began evaluating a source‑to‑pay actions were taken based upon their feedback in
global economy, our suppliers have remained agile
platform to provide data on supplier business health the 2020 survey, reinforcing the importance of the
and worked to provide us with services essential for
and identify potential sustainability concerns. Once survey process. Results from the fiscal 2021 survey
our company’s operations. To ensure supply chain
fully implemented, the source‑to‑pay platform will were reviewed and action plans were developed in
reliability and resilience, we have enhanced our
also enable us to send and collect customizable partnership with our customers.
communication with suppliers to address critical
questionnaires, such as ESG metrics and surveys to
items in terms of supply chain risk. We also have In fiscal 2021, we continued developing a web‑based
and from our suppliers. In addition, in fiscal 2022 we
qualified alternative vendors to ensure multiple portal for customers to gain increased visibility
plan to develop a supplier scorecard to engage with
sourcing options. into existing orders. The portal grants customers
our suppliers on upholding our ESG expectations
24/7/365 access to account information and enables
outlined in our Supplier Code of Conduct.
CUSTOMER EXPERIENCE them to submit orders electronically. Customers who
We use a supplier intelligence platform to provide our participated in initial testing and pilot deployment
Our customer experience team is dedicated to
procurement teams with better visibility and analytics have shared positive feedback. We plan to expand
building relationships with our customers and
across our supplier base and to support operational the portal’s launch and incorporate additional
exceeding their expectations. In fiscal 2021, we
efficiencies. This supplier intelligence platform enables functionality in fiscal 2022.
conducted our second annual Net Promoter Score
us to review sustainability certifications and identify
survey to identify opportunities for improving
opportunities to increase small business, women‑,
customer service levels. Our rating score significantly
veteran‑ or minority‑owned spend.
improved from our 2020 baseline and participation
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 25
OUR COMMUNITIES
Compass Minerals actively engages with the communities where we work and live.
Our community engagement initiatives include charitable gifts and volunteer
opportunities. From conserving ecological landscapes and volunteering with local
organizations to targeting our philanthropy toward causes that align with our
Core Purpose, our aim is to make sure our presence benefits those around us. Our giving program, known as Compass
Minerals Cares, helps our company and
our employees support their communities
COMMUNITY communities. We use this input to better understand
in a way that furthers our Core Purpose.
community needs, inform our charitable giving
ENGAGEMENT SURVEY • E
arth’s natural resources —
and guide our actions to have a positive impact.
We seek ongoing feedback from community Environmental preservation and
For example, after survey respondents conveyed
stakeholders to help us focus our community conservation; parks and nature centers
the importance of our employees volunteering,
engagement efforts. In fiscal 2021, this process was • K
eep people safe — Medical care and
we instituted a volunteer time off policy to allow
formalized through an anonymous survey sent to research; veterans organizations; family
employees across our sites additional flexibility to
non‑profit organizations, community volunteers, support and prevention services
engage in their communities.
civic leaders and government officials in our local
• F
eed the world — Sustainable
agriculture; food banks and distribution
• E
nrich lives — Science, technology,
engineering and math (STEM) education
and careers; DBIE efforts; arts
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 26
• P
artnered with The Victory Project to launch a
youth soccer scholarship program through the EARTH WEEK
organization’s “Soccer for All” initiative that covered Compass Minerals’ business is inextricably tied to our
costs for teams from Boys & Girls Clubs of Greater planet’s natural resources, instilling within our company
Kansas City; we also donated $25,000 to help grant
a deep respect for the environment and underscoring
wishes to children fighting cancer and provide
that it is incumbent upon us to be good stewards of
unique opportunities to children with disabilities
these resources. During Earth Week, our employees
organized a variety of activities to celebrate our
planet, from electronic and battery recycling drives to
participating in cleanup efforts in the community.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 27
OUR ENVIRONMENT
Compass Minerals is committed to responsible environmental stewardship. We strive to protect and preserve ecological balance in the
areas where we operate and to minimize climate‑related impacts from our operations.
ENVIRONMENTAL In fiscal 2021, Compass Minerals created a new The company developed environmental metrics that
role, the director of environmental compliance, who are periodically distributed to the company’s senior
STEWARDSHIP
collaborates with the environmental leads at each management team and other decision‑makers. The
Our strategy is based on measurement and site to ensure that environmental legal and regulatory purpose of these internal metrics is to: raise the
management of key environmental impacts from requirements are met and to drive development of a visibility of environmental compliance and drive
our operations, including impacts to air, water, more proactive environmental program. improvements; increase transparency across the
waste and natural resources consumption. We are organization; and provide a meaningful measure of
also committed to full compliance with applicable overall environmental risks and trends. This increased
environmental regulatory requirements. focus on environmental regulatory compliance
has improved operational oversight and reduced
regulatory compliance issues. As a result, Compass
Minerals incurred no significant environmental
regulatory fines for our operations in fiscal 2021.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 28
CLIMATE CHANGE Ultimate oversight of climate‑related issues occurs a climate-resilient economy. The shift to electric
at the board of directors level, primarily through the vehicles has the potential to significantly reduce GHG
As we work to strengthen Compass Minerals’
board’s EHS&S Committee. emissions from the transportation sector. Compass
climate resilience, we are focused on identifying,
Minerals is working toward serving the growing
managing and mitigating the physical and transition Physical risks, such as substantial changes to weather
market demand for battery‑grade lithium through
risks associated with climate change. At the same and climate patterns, may affect our operations,
the development of a sustainable, domestic lithium
time, we explore opportunities where our products product demand and the needs of our customers.
brine resource at our solar evaporation site on the
and services can help enable broader resilience to Longer periods of mild winter weather could reduce
Great Salt Lake. Our Protassium+ SOP product can
climate‑related impacts. market demand for our deicing products, while
help farmers adapt to climate‑related impacts by
droughts could reduce demand for our plant nutrition
Climate‑related risks and opportunities are managed improving plants’ water use efficiency and ability to
products. The increased frequency and intensity of
at multiple levels within our company. Reducing tolerate stress stemming from droughts. We are
natural disasters and adverse conditions, such as
GHG emissions from our operations is a key area also working to contribute to climate adaptation and
major storm events and wildfires, could impact the
of focus. Our chief public affairs and sustainability resilience through improved technologies in our
production and distribution of our products. For
officer collaborates with our chief operations manufacturing processes as well as through our plant
transition risks, governmental measures to address
officer and the broader operational team to drive nutrition products, which will continue to be designed
climate change could increase our costs, restrict our
improvements in GHG emissions. Additionally, we to withstand ecological interruptions associated with
operations and affect our ability to compete and
seek input from our Sustainability Steering Committee a changing climate. In addition, during extreme winter
obtain permits and/or licensing for our facilities.
— a cross‑functional team of subject matter experts storms, our highway deicing products help keep
from across the company — which meets quarterly Our business strategy incorporates opportunities to roadways safe and commerce running.
to discuss sustainability and climate‑related topics. help mitigate climate‑related impacts and support
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 29
15
For historical data, please visit Compass Minerals Reporting & Archives.
ENERGY TRANSPORTATION
Managing energy use helps to reduce costs, In transporting our products to market, we aim
lower GHG emissions and increase operational to maximize efficiencies whenever and wherever
efficiency. We minimize our energy consumption possible. To move our products, we use modalities
while implementing efficiency improvements where such as barge, vessels, rail and trucks.
possible. In addition, some sites are working with
We try to optimize the use of rail transportation to
their local utilities to explore energy efficiency and
ship our plant nutrition, consumer & industrial and
renewable energy opportunities.
highway products. As low-carbon transit systems,
We operate specialized heavy equipment across our rail helps to drive logistics efficiency and reduce our
mining and manufacturing sites. Conserving fuel is GHG footprint. According to the American Association
beneficial for both our business and the environment. of Railroads, moving freight by rail instead of truck
As such, we are analyzing and considering lowers GHG emissions by up to 75%. In addition, we
economically viable alternatives to our current seek to utilize barge and vessel, which is significantly
processes to reduce fuel use and corresponding less GHG intensive on a cargo-mile basis than trucks,
GHG emissions. to transport our salt products. We continually assess
and utilize transportation modes that increase our
efficiency while minimizing environmental impacts.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 30
AIR QUALITY from brine sources and does not negatively impact
WATER PERFORMANCE 16
WATER CONSERVATION
Many of our evaporation ponds use barriers in
FISCAL 2021 (MEGALITERS) FRESHWATER OTHER WATER TOTAL
the earthen pond dikes to improve yield and pond
efficiency. These barriers were designed by our
Withdrawal
engineers to reduce brine loss and retain more of the
Surface Water 48,668 167,897 216,565 most concentrated brine for evaporation. In retaining
the brine more effectively, we require less water
Groundwater 5,092 2,616 7,708
volume for evaporation, thereby reducing overall
Third-party Water 1,593 0 1,593 water consumption at our Great Salt Lake operations.
Total Withdrawal 17 55,353 170,513 225,866 Our solution mines utilize water to extract salt from
underground salt deposits. The solution mining
Discharge systems are designed to recycle and reuse as much
brine as possible in a closed‑loop process, thereby
Surface Water 6,086 99,301 105,387
conserving water.
Groundwater 1,180 1,640 2,821
Groundwater will typically enter the subsurface and
Third-party Water 322 0 322 escape through the underground mine shaft in small,
manageable quantities. In fiscal 2021, we addressed
Total Discharge 7,588 100,942 108,530
excessive groundwater leakage in the shafts at our
WASTE As part of waste measurement, we monitor materials, Compass Minerals generates waste, comprised of
packaging and other waste outputs at each of our non‑hazardous waste and very limited hazardous
Compass Minerals tracks waste disposal through our
production and packaging sites. Although our material waste (approximately 2% of total), through our
environmental data management platform, which
inputs and waste are relatively small in scale, we look production processes. We adhere to local and
enables us to better monitor our company’s waste
for opportunities to further minimize impacts by federal regulatory requirements regarding waste
footprint. The platform also provides increased
sourcing more environmentally friendly materials and management. This includes retaining special waste
visibility for individual sites to identify issues and
reducing waste to landfill. disposal permits where required, such as at our Lyons
opportunities to improve their waste profile.
plant and Goderich mine.
BIODIVERSITY
The preservation of a location’s rich biodiversity is Protecting Wildlife in Winsford
essential for a thriving natural environment and for
the long‑term success of our company. Compass Over the last several years, our DeepStore
Minerals explores ways to preserve biodiversity at team has worked to ensure we are
protecting the biodiversity that surrounds
locations and communities where we operate.
our Winsford, Cheshire location.
Wherever our facilities are adjacent to areas of high DeepStore operates a protected species
biodiversity, we strive to treat those environments program with two ecological management
zones, located in the woodlands near
with the respect and care necessary to maintain
the site’s underground storage. Artificial
their long‑term resilience. Our exploratory activities habitations, such as bird and bat boxes
begin with assessments to ensure we do not operate and an otter holt, have been installed to
in protected areas. help these species safely breed. Annually,
a professional ecologist ensures that
At our Ogden facility, we recognize the rich the wildlife species in both areas are not
disturbed and are able to thrive in their
biodiversity within and around the Great Salt Lake
natural environment.
ecosystem. We ensure that any expansion of our
Our Winsford employees take care to
operations avoid critical areas of biodiversity and help
maintain the area’s unique flora and
to facilitate environmental restoration as appropriate. fauna. Employees tend to a wildlife
We continue to make improvements at our Cote garden, where they grow sunflowers
Blanche mine to rehabilitate the shoreline and reduce and produce in raised planters. This
pollinator garden also hosts more than
the amount of erosion that is occurring and impacting
50,000 honeybees. Although Winsford’s
the habitat. Our company endeavors to mitigate employees are skilled at looking after the
operational impacts and demonstrate excellence in honeybees, a local beekeeper periodically
environmental stewardship. stops by to check on their well-being.
Compass Minerals will continue protecting
the natural environment in communities
where we operate.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 34
LOOKING FORWARD
FISCAL 2025 ESG GOALS AND TARGETS
The outcome of that effort is Compass Minerals’ fiscal 2025 ESG goals. These goals, and the targets that serve as
milestones toward achieving them, span the key focus areas of Our Workforce, Our Environment, Our Products and
Our Communities. They are informed by our most recent materiality assessment and focus on both aspiration and
accountability. The aspiration is to work both in and outside our company to ensure Compass Minerals continues
living up to our Core Values and Core Purpose. The accountability is in our commitment to report progress against
these goals and targets in our annual ESG report so that our stakeholders understand where we are each step
of the way.
We will begin reporting our progress in next year’s ESG report and invite our stakeholders to continue the
conversation on how we can all work together.
OUR WORKFORCE
Compass Minerals is committed to fostering a safe, ethical, diverse and inclusive workplace that empowers bottom‑up innovation and
equips employees with the tools and training they need to thrive and grow professionally.
18
Women, racial/ethnic minorities, people with disabilities, LGBTQ+.
19
Director-level management employee and above.
20
We define gender parity as a female to male pay gap of 2% or less at the consolidated company level.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 36
OUR ENVIRONMENT
Compass Minerals continually evaluates risks and opportunities related to our climate and broader environment. By going
beyond compliance, we responsibly transform our natural resources while mitigating impacts and protecting our environment
for future generations.
21
Fiscal 2021, which is the period beginning Oct. 1, 2020, and ending Sept. 30, 2021.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 37
OUR PRODUCTS
Compass Minerals is committed to product
safety, quality and transparency. We are
also engaging with our vendors to ensure
sustainability throughout our supply chain.
CUSTOMER TRANSPARENCY:
Ensure customers have transparency on critical
information for Compass Minerals-branded products
• F
iscal 2025 Target: 100% of Compass Minerals-
branded consumer packaged products will have
ingredient labeling and packaging end‑of‑use
instructions
• F
iscal 2025 Target 1: Engage suppliers comprising
80% of addressable22 spend on meeting Compass
Minerals ESG supplier scorecard metrics
• F
iscal 2025 Target 2: Increase by 10%
addressable22 supplier spend with diverse-owned23,
veteran-owned or small business enterprises
22
Excludes costs related to logistics, government fees, certifications,
sole‑source items or services, business travel, entertainment, or any
spend where competitive sourcing is not feasible.
23
Women, racial/ethnic minorities, people with disabilities, LGBTQ+.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 38
OUR COMMUNITIES
Compass Minerals is committed to
building relationships that support
and enhance our communities while
operating in a manner that protects the
health and safety of its members.
COMMUNITY ENGAGEMENT:
Drive positive community change through active
engagement and support
• F
iscal 2025 Target 1: 100% of our sites will
actively engage in the community in or around
which we operate through charitable giving and
company‑sponsored volunteer activities
• F
iscal 2025 Target 2: Compass Minerals will
actively engage with and support organizations
focused on local economic development,
workforce training, scholarships, internships and/
or other educational opportunities in communities
around 100% of our operating sites
Any dollar amounts listed within the report are in U.S. dollars. There are inherent limitations to the accuracy of our reporting data. We recognize that our data will be affected by
these limitations and continue to improve data integrity by strengthening our internal controls and restating data when appropriate. We only include data in our ESG reports that
is confirmed by the date the report is published. If incidents are reclassified or confirmed, if significant data changes occur after publication of an ESG report or other inaccuracies
are identified, data is updated and restated in the following year’s report. Due to changes in methodology, some data in this report may not be comparable to data reported in
prior years. The accuracy of environmental, safety and employee data may be lower than that of data obtained through our financial systems. We may round data and calculations.
Data in this report is collected from third-party and internal sources. We have not independently verified any of the data from third-party sources. Environmental data in this
report pertains to our direct impacts unless otherwise stated. We report in this way, in line with industry practice, because these are the data we can directly manage and affect
through operational improvements.
The information discussed in this report contains statements regarding future sustainability measures, targets and other goals. These goals are disclosed in the limited context
of our ESG efforts and should not be understood to be statements of management’s expectations or estimates of financial results or other guidance. We specifically caution
investors not to apply these statements to other contexts. In addition, the inclusion of such information in this report is not an indication that the contents are necessarily material
to investors or required to be disclosed in SEC filings. This report may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. These statements are based on the company’s current expectations and involve risks and uncertainties that could cause the company’s actual results to differ materially.
The differences could be caused by a number of factors including those factors identified in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” sections of the company’s Annual and Quarterly Reports on Forms 10-K and 10-Q, as well as the company’s other SEC filings. The company undertakes
no obligation to update any forward-looking statements made in this report to reflect future events or developments, except as required by law.
The company has completed an initial assessment to define the lithium resource at Compass Minerals’ existing operations in accordance with applicable SEC regulations,
including Subpart 1300. Pursuant to Subpart 1300, mineral resources are not mineral reserves and do not have demonstrated economic viability. The company’s mineral resource
estimates, including estimates of the lithium carbonate equivalent (LCE) mineral resource, are based on many factors, including assumptions regarding extraction rates and
duration of mining operations, and the quality of in-place resources. For example, the process technology for commercial extraction of lithium from brines with low lithium and
high impurity (primarily magnesium) is still developing. Accordingly, there is no certainty that all or any part of the LCE mineral resource identified by the initial assessment will be
converted into an economically extractable mineral reserve.
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 40
GRI/SASB INDEX
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
ORGANIZATIONAL PROFILE
102‑2 Activities, brands, products and services 2021 Annual Report: Form 10-KT RT‑CH‑000.A: Production by reportable segment
102‑5 Ownership and legal form 2021 Annual Report: Form 10-KT
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
North America
Agricultural Retailers Association
American Royal
Center for Advanced Subsurface Earth
Resource Models
Central Exchange
Great Salt Lake Advisory Council
Industrial Minerals Association - North America
Kansas City Area Development Council
Manufacturers Alliance
Ontario Mining Association
102‑13 Membership of associations Pacific Water Quality Association
Society of Women Engineers
Southern Mine Rescue Regional Association
The Fertilizer Institute
Utah Water Quality Board
Western Plant Health Association
A number of local or regional chambers
of commerce
A number of local or state manufacturers
associations
United Kingdom
Mining Association of the United Kingdom
Salt Association
International
European Salt Producers’ Association
International Fertilizer Association
Water Quality Association
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 42
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
STRATEGY
102‑17 Mechanisms for advice and concerns about ethics ESG Report: Our Company (Governing Policies)
GOVERNANCE
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
STAKEHOLDER ENGAGEMENT
REPORTING PRACTICE
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
To better align our financial reporting with the
seasonality of our business and the work we do as
a company, in 2021, we changed our fiscal year-
end from Dec. 31 to Sept. 30. Data contained in this
report labeled “fiscal 2021” covers the 12-month
102‑49 Changes in reporting period beginning Oct. 1, 2020, and ending Sept. 30,
2021. The data in this report does not include our
former South America operations. The sale of our
South America specialty plant nutrition business was
completed in July 2021 and sale of our South America
chemicals business was completed in April 2022.
Claims of reporting in accordance with the This report has been prepared in accordance with
102‑54
GRI Standards the GRI Standards: Core option
ECONOMIC
ANTI‑CORRUPTION
103‑1
103‑2 Management approach ESG Report: Our Company (Governing Policies)
103‑3
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 45
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
EM-MM-510a.1: Description of the management
205‑1 Operations assessed for risks related to corruption ESG Report: Our Company (Governing Policies) system for prevention of corruption and bribery
throughout the value chain
ENVIRONMENT
103‑1
103‑3
303‑1 Interactions with water as a shared resource ESG Report: Our Environment (Water)
303‑2 Management of water discharge‑related impacts ESG Report: Our Environment (Water)
EMISSIONS
103‑1
ESG Report: Our Environment (Greenhouse Gas
103‑2 Management approach
Emissions)
103‑3
We include carbon dioxide (CO2), methane (CH4) EM-MM-110a.1 / RT-CH-110a.1: Gross global Scope
and nitrous oxide (N2O) in our calculations. We 1 emissions, percentage covered under emissions-
do not generate nitrogen trifluoride (NF3), sulfur limiting regulations
hexafluoride (SF6), hydrofluorocarbons (HFCs) or
305‑1 Direct (Scope 1) GHG emissions perfluorocarbons (PFCs) and therefore do not EM-MM-110a.2 / RT-CH-110a.2: Discussion of long-
measure those gases. Please see the Greenhouse term and short-term strategy or plan to manage
Gas Emissions section of this report for more Scope 1 emissions, emissions reduction targets,
information on how we are working to reduce and an analysis of performance against targets
our emissions.
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
ESG Report: Our Environment (Greenhouse Gas
305‑3 Other indirect (Scope 3) GHG emissions
Emissions)
Nitrogen oxides (NOx), sulfur oxides (SOx) and other ESG Report: Our Environment (Greenhouse Gas EM-MM-120a.1 / RT-CH-120a.1: Greenhouse gas
305‑7
significant air emissions Emissions) emissions included in these calculations
WASTE
103‑1
103‑3
306‑2 Management of significant waste‑related impacts ESG Report: Our Environment (Waste) RT-CH-410b.1: 1) Percentage of products
that contain Globally Harmonized System of
Classification and Labeling of Chemicals (GHS)
(Category 1 and 2 Health and Environmental
Hazardous Substances) and (2) percentage of such
products that have undergone a hazard assessment
306‑4 Waste diverted from disposal ESG Report: Our Environment (Waste)
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
ENVIRONMENTAL COMPLIANCE
103‑1
ESG Report: Our Company (Governing Policies),
103‑2 Management approach
Our Products (Product Quality), Our Environment
103‑3
SOCIAL
EMPLOYMENT
103‑1
103‑3
401‑1 New employee hires and employee turnover ESG Report: Our Workforce (Employee Culture)
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
LABOR/MANAGEMENT RELATIONS
103‑1
103‑3
103‑1
103‑2 Management approach ESG Report: Our Workforce (Health and Safety)
103‑3
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
Worker participation, consultation and
403‑4 ESG Report: Our Workforce (Health and Safety)
communication on occupational health and safety
403‑5 Worker training on occupational health and safety ESG Report: Our Workforce (Health and Safety)
403‑9 Work‑related injuries ESG Report: Our Workforce (Health and Safety)
103‑1
ESG Report: Our Workforce (Diversity, Belonging,
103‑2 Management approach
Inclusion and Equity and Employee Culture)
103‑3
404‑1 Average hours of training per year per employee ESG Report: Our Company (Governing Policies),
Our Workforce (Employee Culture)
103‑1
ESG Report: Our Workforce (Diversity, Belonging,
103‑2 Management approach
Inclusion and Equity)
103‑3
Ratio of basic salary and remuneration of ESG Report: Our Workforce (Diversity, Belonging,
405‑2
women to men Inclusion and Equity)
OUR COMPANY OUR WORKFORCE OUR PRODUCTS OUR COMMUNITIES OUR ENVIRONMENT FISCAL 2021 ESG REPORT 50
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
NON‑DISCRIMINATION
103‑1
ESG Report: Our Workforce (Employee Culture and
103‑2 Management approach
Human Rights)
103‑3
Incidents of discrimination and corrective ESG Report: Our Company (Governing Policies),
406‑1
actions taken Our Workforce (Employee Culture)
103‑1
103‑3
103‑1
103‑3
GRI DISCLOSURE NUMBER/DESCRIPTOR LOCATION IN REPORT AND NOTES RELATED SASB DISCLOSURE
103‑1
103‑3
CUSTOMER PRIVACY
103‑1
ESG Report: Our Company (Governing Policies
103‑2 Management approach
and Cybersecurity)
103‑3
Substantiated complaints regarding breaches of ESG Report: Our Company (Governing Policies
418‑1
customer privacy and losses of customer data and Cybersecurity)
103‑1
103‑3
9900 W. 109TH ST. SUITE 100
OVERLAND PARK, KS 66210
compassminerals.com
sustainability@compassminerals.com
CMP
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