The Mosaic Company Issues Its Third Annual Corporate Sustainability Report

  The Mosaic Company Issues Its Third Annual Corporate Sustainability Report

Mosaic reports its best safety performance in company history & improves its
resource conservation according to the 2012 Sustainability Report

PR Newswire

PLYMOUTH, Minn., Nov. 12, 2012

PLYMOUTH, Minn., Nov. 12, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS)
today released its 2012 Corporate Sustainability Report, which includes
information on 86 indicators according to the Global Reporting Initiative 3.1
and the Mining and Metals sector supplement. The web-based report highlights
Mosaic's progress in the areas of food, the environment, community and people.

For Mosaic, the sustainability of its organization begins with the health and
safety of employees and contractors. In fiscal 2012, Mosaic made great
progress in its relentless pursuit of an injury-free workplace with a more
than 50 percent improvement in its Mosaic Safety Index over fiscal
2011—achieving its best year of safety performance in company history. Learn
how Mosaic continues to develop its safety culture across global operations in
the video, "Safety: The Bottom Line is People."

"Sustainability is embedded in virtually everything we do, from stringent
safety programs to energy efficiency, water conservation and community
investment," said Jim Prokopanko, President and CEO of Mosaic. "It's also
reflected in our commitment to increased transparency and accountability
companywide."

Putting promise into action at the facility level, Mosaic's Phosphates and
Potash businesses produced enough electrical energy to satisfy 47 percent of
companywide demand through cogeneration, the process of converting waste heat
to energy. As a result, Mosaic reduced its carbon emissions by approximately
1.2 million tonnes and lowered electricity expenditures by approximately $100
million in 2011.

Additional accomplishments in this year's sustainability report include:

  oRanked No. 28 in Corporate Responsibility Magazine's 100 Best Corporate
    Citizens in the United States, up from 67 in 2011.
  oScored 90 out of 100 for disclosure of information in the 2012 Carbon
    Disclosure Project report—a 12-point increase from last year--and received
    a grade "B" for climate performance.
  oSigned the United Nations Global Compact, affirming the company's deep
    commitment to operate according to universally accepted principles in the
    areas of human rights, labor, environment and anticorruption.
  oImproved Recordable Incident Frequency Rate by 25 percent versus fiscal
    2011, and Lost Time Incident Frequency Rate improved by 33 percent over
    last year.
  oReused or recycled approximately 95 percent of water used at Florida
    Phosphates operations in 2011. Over the last 20 years, these operations
    have decreased groundwater use by more than 50 percent.
  oSatisfied approximately 80 percent of water needs through recycling and
    reuse at Canadian potash shaft facilities.
  oDeveloped Nexfos^® feed-grade phosphate, a new product that requires
    approximately 90 percent less water and 55 percent less electricity per
    ton to produce than traditional feed-grade phosphate.

Mosaic's Florida Phosphates operations reclaim every acre of land they mine,
with an emphasis on the connectivity of natural systems to ensure viable
ecosystems and to maximize biodiversity. In 2011, the company mined 2,255
acres of phosphate reserves and reclaimed 6,474 acres of Central Florida land.
In total, Mosaic has preserved 19,709 acres in permanent conservation
easements; acres that include all areas designated as non-impacted floodplain,
preservation and granted conservation easements for existing mines and
permits. Watch the video, "For Generations to Come: Mosaic's Commitment to the
Land," to see the comprehensive reclamation efforts that help make Mosaic's
phosphate rock one of the most responsibly sourced minerals in the world.

"Through advanced science and technology practices, we're setting new
standards for quality reclamation and ensuring that the habitats and
developments we create can be sustained for generations to come," Prokopanko
said. "We take great pride in keeping our promises to stakeholders to protect
the well-being of our environment, strengthen our communities and operate with
integrity."

In fiscal 2012, The Mosaic Company, The Mosaic Company Foundation and The
Mosaic Institute in Brazil invested a combined $23.6 million in food, water
and local community enrichment programs. Funding also helped expand The Mosaic
Villages Project, a smallholder farmer initiative started in 2008 to help
families escape a cycle of hunger and poverty. Each year, the Villages Project
helps farmers in India, Guatemala, Mali, Ghana, Nigeria, Malawi, Kenya,
Uganda, Tanzania and Ethiopia increase yields an average of three to five
times, over traditional farming practices. Watch the "Krishi Jyoti Villages
Project in India" video to learn more about smallholder farmers' crop yield
successes.

For more information on The Mosaic Company and its 2012 Sustainability Report,
visit www.mosaicco.com/sustainability/report and The Mosaic Company YouTube
channel www.youtube.com/MosaicCompany.

About The Mosaic Company
The Mosaic Company is the world's leading producer and marketer of
concentrated phosphate and potash. Driven by its mission to help the world
grow the food it needs, Mosaic is committed to strengthening global food
security and protecting critical water resources. The Mosaic Company and The
Mosaic Company Foundation make investments in and partner with best-of-class
leaders in the focus areas of food, water and local community investments. For
more information on The Mosaic Company, visit www.mosaicco.com.

About the Global Reporting Initiative
The Global Reporting Initiative (GRI) is an independent, network-based
organization that has pioneered the development of a widely used
sustainability reporting framework and is committed to its continuous
improvement and application worldwide. Learn more at www.globalreporting.org.

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such statements include,
but are not limited to, statements about future financial and operating
results. Such statements are based upon the current beliefs and expectations
of The Mosaic Company's management and are subject to significant risks and
uncertainties. These risks and uncertainties include but are not limited to
the predictability and volatility of, and customer expectations about,
agriculture, fertilizer, raw material, energy and transportation markets that
are subject to competitive and other pressures and economic and credit market
conditions; the level of inventories in the distribution channels for crop
nutrients; changes in foreign currency and exchange rates; international trade
risks; changes in government policy; changes in environmental and other
governmental regulation, including greenhouse gas regulation, implementation
of the U.S. Environmental Protection Agency's numeric water quality standards
for the discharge of nutrients into Florida lakes and streams or possible
efforts to reduce the flow of excess nutrients into the Gulf of Mexico;
further developments in judicial or administrative proceedings; difficulties
or delays in receiving, increased costs of or challenges to necessary
governmental permits or approvals or increased financial assurance
requirements; resolution of global tax audit activity; the effectiveness of
the Company's processes for managing its strategic priorities; adverse weather
conditions affecting operations in Central Florida or the Gulf Coast of the
United States, including potential hurricanes or excess rainfall; actual costs
of various items differing from management's current estimates, including,
among others, asset retirement, environmental remediation, reclamation or
other environmental regulation, or Canadian resources taxes and royalties;
accidents and other disruptions involving Mosaic's operations, including brine
inflows at its Esterhazy, Saskatchewan potash mine and other potential mine
fires, floods, explosions, seismic events or releases of hazardous or volatile
chemicals, as well as other risks and uncertainties reported from time to time
in The Mosaic Company's reports filed with the Securities and Exchange
Commission. Actual results may differ from those set forth in the
forward-looking statements.

SOURCE The Mosaic Company

Website: http://www.mosaicco.com
Contact: Media, Rob Litt, The Mosaic Company, +1-763-577-6187,
rob.litt@mosaicco.com, or Investor, Laura Gagnon, The Mosaic Company,
+1-763-577-8213, investor@mosaicco.com
 
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