Following one of Cargill’s best financial performances, the company released its 2018 annual report today. 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,” said. 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,” they said.
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 United Nations Sustainable Development Goals (SDGs), 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 2018 annual report provides insight into how the global food and agriculture company 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 non-profit Gastromotiva teamed up with Cargill to globalise 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.