MINNEAPOLIS, Aug. 7, 2018 (PRNewswire) — Following one of Cargill's best financial performances, the company launched its 2018 annual report Tuesday. The report outlines a year of activating tomorrow's solutions to nourish the world.
"Cargill operates today with greater agility and stronger integration to serve our customers' rapidly changing needs," writes Chairman and CEO David MacLennan and CFO Marcel Smits in the report. "In the midst of significant uncertainty in the world, we are strengthening the connections that enable progress."
The report integrates Cargill's financial and corporate responsibility performance, highlighting actions that are positioning the company, its customers and other partners for long-term success. In support of the U.N. Sustainable Development Goals, Cargill has undertaken scalable commercial efforts to nourish the world, protect the planet and enrich communities. This includes commitments to sustainable, safe nutrition; responsible production and land use; and improved farmer prosperity through training on sustainable agriculture practices and expanded market access.
The annual report provides insight into how Cargill built on the positive momentum from a year ago to deliver strong financial results, and how it is pioneering new capabilities and partnerships to continue progress including:
- Connect: Cargill released a secure block-chain solution that tracked supply chain data to help consumers learn about the Honeysuckle White® turkey they purchased for their families. The company also advanced technology with a purpose through innovative partnerships and investments like the recently announced Farm to Fork Accelerator with Techstars and Ecolab.
- Nourish: Cargill acquired Diamond V, a market leader in immune support technology, and invested in Delacon, the global leader in plant-based feed additives, to advance the frontiers of animal health. Additionally, Brazil-based nonprofit Gastromotiva teamed up with Cargill to globalize the Social Gastronomy Movement, which uses the power of food to address social inequality, improve nutrition education, eliminate food waste and create jobs.
- Grow: More than 475,000 farmers benefited this year from Cargill's training in sustainable agricultural practices. Cargill works directly and with many partners to help farmers at all levels of production to raise their yields and livelihoods. And an expanding sustainability pilot in Canada led by Cargill is connecting beef customers with unprecedented information on how cattle are raised and processed. This includes for the first time using the criteria developed by the Canadian Roundtable for Sustainable Beef.
The digital 2018 annual report is available online at https://www.cargill.com/annual-report/ and provides more in-depth multimedia on these stories and more. Additional content can be found there, including a video overview with MacLennan and Smits. Cargill will share further information on Twitter via @Cargill.
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side by side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.