Climate Change Data

Environmental Metrics

ESG Focus Areas

• Farmers
• Land
• Communities
• Operations
• Inclusion, Diversity and Equity

Environmental Achievements

• Improved soil health on 348,499 hectares
• Reduced water consumption on 3,521 hectares
• Enhanced biodiversity on 108,313 hectares
• Recycled 28% of hazardous waste (Q4 only)

Social Achievements

• Trained 330,209 farmers
• Improved livelihoods for 15,682,301 smallholder farmers
• Volunteered 5,375.25 hours (Q4 only)

Governance Achievements

• Established a climate strategy for scopes 1, 2, and 3 emissions
• Committed to setting Science Based Targets for GHG emissions reductions

Climate Goals & Targets

Environmental Challenges

• Changing climate and weather patterns impacting raw material supply and customer needs
• Managing GHG emissions across scopes 1, 2, and 3
• Ensuring supply chain sustainability

Mitigation Strategies

• Developing climate-resilient products and services
• Implementing initiatives to reduce energy usage, increase production efficiencies, and transition to renewable energy sources
• Working with suppliers to improve their sustainability performance

Supply Chain Management

Supplier Audits: 100% of suppliers will agree or attest to Corteva's Supplier Code of Conduct by 2025

Responsible Procurement

• Supplier Code of Conduct
• Human Trafficking, Child Labor and Forced Labor Principles

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting product quality, volume, and cost
• Changes in precipitation patterns and extreme weather volatility impacting raw material supply

Transition Risks

• New market-based or regulation-driven costs related to climate change
• Failure to manage GHG emissions

Opportunities

• Product innovations that apply Green Chemistry Principles
• Support of resilient, climate positive agriculture practices by farmers
• Use of product, manufacturing, and packaging innovations to manage reliance on raw material inputs
• Contribution to the mitigation of global climate change impacts by managing GHG emissions

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB standard for the Chemical Sector, TCFD

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 4
• Goal 5
• Goal 6
• Goal 8
• Goal 11
• Goal 12
• Goal 13
• Goal 15

Goals are designed to contribute to global progress for certain UN SDGs

Sustainable Products & Innovation

• Nitrogen stabilizers with Optinyte technology
• Rinskor™ active herbicide
• Qalcova™ and Jemvelva™ insecticides
• Inatreq™ fungicide
• Plenish® High Oleic Soybeans

Awards & Recognition

• Six Green Chemistry Challenge Awards
• Partners in Excellence Award from the Utility Arborist Association
• Best Packaging Innovation award at the Crop Science Awards

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Biodiversity
• Greenhouse Gas Emissions
• Inclusion, Diversity & Equity

Environmental Achievements

• Improved Scope 1 & 2 emissions intensity ratio by -7% (2021 vs 2020)
• 89% of Corteva’s new crop protection products meet sustainable innovation criteria

Social Achievements

• 5% growth in global BRG membership
• Launched inclusion learning modules for all colleagues
• Completed first global pay equity analysis

Governance Achievements

• ESG modifier incorporated into 2022 short-term incentive program for executives
• All employees have sustainability as a performance goal category

Climate Goals & Targets

Environmental Challenges

• Impacts to farmers from extreme weather events
• Impacts to Corteva sites and supply chains from extreme weather events
• Pressure for returns may incentivize poorer climate outcomes
• Increasingly complex regulatory approval processes

Mitigation Strategies

• Continuously evaluating opportunities for existing and new product and service offerings to meet the anticipated demands of climate-smart agriculture
• Multi-channel supply chain to react quickly to changing customer needs
• Investing in and building capabilities that drive value via data digitization and analytics
• Engaging with multiple stakeholders and partners
• Stringent safety standards and regulatory compliance

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct, zero tolerance policy on human rights violations, membership in Together for Sustainability (TfS)

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events impacting farmer productivity and Corteva operations

Transition Risks

• Government policies discouraging GMOs or crop protection products, complex regulatory approval processes

Opportunities

• Opportunities for existing and new products and service offerings to meet the anticipated demands of climate-smart agriculture
• Exploring renewables and energy efficiency
• Integration of crop protection, seed and digital solutions to reduce climate impacts

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: Null

Third-party Assurance: SGS

UN Sustainable Development Goals

• 2, 6, 12, 13, 15

Sustainable innovation pipeline aligned with UN SDGs 2, 6, 12, 13, and 15; focus areas aligned to at least one UN SDG

Sustainable Products & Innovation

• Plenish® High Oleic Soybeans, Reklemel™ active, Inatreq™ active fungicide, Arylex™, Rinskor™, Isoclast™, Pyraxalt™, Zorvec™, Enlist® (2,4-D/Glyphosate)

Awards & Recognition

• Six Green Chemistry Challenge Awards from the U.S. Environmental Protection Agency

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Biodiversity
• Greenhouse gas emissions
• Inclusion, Diversity & Equity

Environmental Achievements

• 65% intensity reduction target (42% absolute reduction target) for Scope 1 and 2 emissions by 2030
• 100% of newly-developed Corteva solutions in our pipeline meeting our sustainability criteria by 2025
• Offset 100% of electricity-related GHG emissions at Indianapolis headquarters via Renewable Energy Certificates
• 4% Reduction in Global Scope 1 & 2 Emissions through a Purchase of Renewable Energy Credits
• Reduced Scope 1 & 2 Emissions Intensity Ratio

Social Achievements

• Increased global female and U.S. minority representation
• Increased global spend with small businesses and diverse suppliers
• Increased share of women in management positions
• Increased the productivity of 600,000 smallholder farmers by 300% on average

Governance Achievements

• Established commitments to Sustainable Innovation, Biodiversity, Greenhouse Gas Emissions, and Inclusion, Diversity & Equity
• ESG modifier incorporated into the Company’s 2022 short-term incentive program for executives

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the pandemic and geopolitical events
• Bottlenecks in regulatory approvals for sustainable solutions
• Challenges in Scope 3 emissions reporting due to complex agricultural supply chains
• Data collection challenges for GHG emissions across the supply chain
• Water stress in some production areas

Mitigation Strategies

• Strategic partnerships to build new value chains
• Investing in R&D to accelerate sustainable solutions
• Collaboration with industry and sustainability thought-leaders to improve Scope 3 reporting
• Corteva Carbon Initiative to incentivize and reward farmers for climate-positive practices
• Policies encouraging water reuse and recycling in water-stressed regions

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Collaboration with TfS

Climate-Related Risks & Opportunities

Physical Risks

• Extreme heat
• Extreme wind
• Surface water flooding
• Riverine flooding
• Soil subsidence
• Forest fire
• Coastal inundation

Transition Risks

• Government policy changes
• Technology development
• Market changes
• Changes in costs of inputs
• Changes in revenue due to market drivers
• Changes in costs from a future price on carbon

Opportunities

• Renewable energy and energy efficiency
• Climate-resilient products
• Integration of crop protection, seed, and digital solutions
• New gene editing technologies

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: Responsible Care Management System (RCMS)

Third-party Assurance: SGS United Kingdom Ltd.

UN Sustainable Development Goals

• SDG 2: Zero Hunger
• SDG 4: Quality Education
• SDG 7: Affordable and Clean Energy
• SDG 11: Sustainable Cities and Communities
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action
• SDG 15: Life on Land

Corteva's initiatives contribute to these goals through sustainable innovation, biodiversity conservation, GHG emission reduction, and community engagement.

Sustainable Products & Innovation

• Rinskor™ active
• Reklemel™ active
• Adavelt™ active
• Sosdia™ Stress
• Utrisha™ N
• Optinyte™ technology

Awards & Recognition

• Crop Science Award
• Human Rights Campaign: Best Place to Work for LGBTQ+ Equality
• Manufacturing Leadership Awards
• Just Capital’s List of Most Just Companies
• S&P Global Corporate Sustainability Assessment
• Newsweek’s America’s Most Responsible Companies
• WE Connect International: Global Champion for Supplier Diversity & Inclusion
• Digiday Greater Good Award
• Six Green Chemistry Challenge Awards from the U.S. EPA

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Biodiversity
• Climate
• Inclusion, Diversity, & Equity

Environmental Achievements

• 21% reduction in Scope 1 and 2 absolute emissions (2023 vs 2020)
• 21% reduction in Scope 1 and 2 emissions intensity (2023 vs 2020)
• 100% of newly developed solutions in the pipeline meet sustainability criteria

Social Achievements

• Launched a global employee benefit offering extensive fertility care and family support
• Surpassed $2 billion in total spend with diverse suppliers and small businesses

Governance Achievements

• Sustainability is overseen by the Board and the Executive Leadership Team (ELT) through the Sustainability Leadership Committee and Community of Practice.

Climate Goals & Targets

Environmental Challenges

• Water stress in 20-30% of global physical plant assets
• Climate-related risks (extreme weather, market shifts, regulatory changes)

Mitigation Strategies

• Robust water stewardship policies and practices (reuse, recycling, Zero Liquid Discharge facilities)
• Climate strategy with Scope 1 and 2 GHG reduction targets, renewable energy strategies, and climate-resilient product development

Supply Chain Management

Supplier Audits: 15,000+ TfS assessments actively managed in 2023

Responsible Procurement

• Supplier Code of Conduct, TfS membership

Climate-Related Risks & Opportunities

Physical Risks

• extreme heat, extreme wind, surface water flooding, riverine flooding, soil subsidence, forest fire, coastal inundation

Transition Risks

• technology changes, market shifts, policy & legal changes

Opportunities

• renewable energy, energy efficiency, climate-resilient products, carbon sequestration

Reporting Standards

Frameworks Used: GRI Standards, SASB Standard for the Chemical Sector, TCFD, UNGC

Certifications: Responsible Care Management System

Third-party Assurance: SGS (limited external assurance of select environmental and social metrics)

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

Sustainable innovation criteria aligned to SDGs, water stewardship initiatives, GHG emission reduction targets

Sustainable Products & Innovation

• Rinskor™, Reklemel™, Arylex™, Adavelt™, Conkesta E3® Soybeans, AcreNext® Direct Seeded Rice, Enlist E3® Soybeans, PowerCore® Enlist® Corn, Vorceed™ Enlist Corn, Optimum® GLY Canola, Pyraxalt™ Active, Inatreq™ active, Plenish® high oleic soybean oil, AQUAmax®

Awards & Recognition

• Green Chemistry Challenge Awards, National Association of Manufacturers’ Sustainability and the Circular Economy Award, Responsible Care Management System certification, Conservationist of the Year