Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Human Rights
• Social Performance
• Product Responsibility
• Governance

Environmental Achievements

• Reduced greenhouse gas emissions (specific figures not readily available, but a reduction is mentioned)
• Recycled and reused 467,331 m3 of water (June-November 2016), significantly more than in 2015/2016
• Trained 300 employees to implement the Cadastro Ambiental Rural (CAR – Rural Environmental Registry)
• CAR evaluation of 12,000 producers related to the soybean production chain in Brazil
• Trained over 148,000 farmers and suppliers on sustainable land use

Social Achievements

• Launched Liza Caseira mayonnaise with extra virgin olive oil
• Launched Vita Pet, a premium food line for dogs and cats
• Strengthened presence in the cosmetics segment with the launch of Lyveum
• Acquired a micro-ingredient company
• Concluded the second wave of the project for consolidating financial, accounting, tax, and human resources activities in Cargill Business Service

Governance Achievements

• No fatal accidents in Brazil in 2016
• Revised Safe Driving Policy
• Created Health and Diversity Committees

Climate Goals & Targets

Environmental Challenges

• Brazilian political-economic crisis of 2016
• Severe drought in Bahia affecting cocoa crop
• Low availability of raw materials affecting price competitiveness
• Drop in Brazilian purchasing power
• Historic rise in the price of corn due to water instability

Mitigation Strategies

• Investments of BRL 775 million in logistics and port infrastructure
• Importing part of raw material needed for cocoa and chocolate operations
• Focusing on efficiency improvements
• Bringing new products, technologies, and services to producers and ranchers
• Developing a national strategy to increase cocoa production

Supply Chain Management

Supplier Audits: 15,000+ suppliers; 84% compliant with procurement policy

Responsible Procurement

• Supplier Code of Conduct
• Buyer’s Code of Ethics
• Human rights clauses in investment agreements and contracts

Climate-Related Risks & Opportunities

Physical Risks

• Drought

Transition Risks

• Regulatory changes

Reporting Standards

Frameworks Used: GRI - Essential level

Certifications: 3S Certification, UTZ Certification, RTRS Certification (for two plants), ISCC (International Sustainability & Carbon Certification)

Sustainable Products & Innovation

• Lyveum (ultra-refined vegetable oil)
• Liza Caseira mayonnaise
• Vita Pet pet food

Awards & Recognition

• Top of Mind (Liza and Elefante brands)
• Benchmarking Brasil 2016
• Exame Sustainability Guide
• Best and Largest 2016 (Exame magazine)
• 100 Most Influential Personalities in Agribusiness (Luiz Pretti)
• Empresas Mais Award
• Trusted Brands Award (Liza)
• Food Ingredients South America Innovation Awards (finalist)
• ABERJE Award
• Sul for Export Award
• Best of Agribusiness
• Abad Fornecedor Nota 10
• Food Industry Lide Award
• Best of Dinheiro Rural
• Agroleite Award (Nutron)
• Superior Taste Award (Genuine chocolates)
• Cargill Sustainability Award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Feedstocks
• Sustainable Operations
• Social Impact
• Responsible Sourcing

Environmental Achievements

• Preventing 49,000 tons of CO2 equivalent annually through the use of FR3® fluid.
• Reduced GHG emissions equivalent to taking 40,000 cars off the road through the use of Anova® Rejuvenator.
• Displacing 731,000 barrels of paraffin annually with vegetable-oil based candle wax.
• Displacing the equivalent of 8,000 trucks of formaldehyde over the past 5 years through the use of bio-based binders.
• Reduced fuel consumption by as much as 70% by switching to rail transport for glycerin.

Social Achievements

• Acquisition of Floratech, expanding the beauty business and bringing together expertise in specialty beauty ingredients.
• Proactive measures to protect employee health during the COVID-19 pandemic.
• Supporting farmer livelihoods by providing another viable market for their crops.
• Creating safer products by replacing dangerous chemicals with bio-based ingredients.

Governance Achievements

• Commitment to transparency through the publication of the sustainability report.
• Conducting product lifecycle assessments and sharing results with customers.
• Commitment to responsible sourcing and sustainable practices across the supply chain.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and employee safety.
• Reducing packaging waste, particularly plastic IBCs for FR3 transformer fluid.
• Improving efficiency of glycerin shipping.

Mitigation Strategies

• Implementing proactive measures to protect employee health during COVID-19 (temperature screening, social distancing, etc.).
• Designing a system for on-site storage at customer facilities to reduce the use of plastic IBCs.
• Switching to rail transport for glycerin to reduce fuel consumption and GHG emissions.

Supply Chain Management

Responsible Procurement

• Commitment to sustainable soy production, including protection of sensitive environments, reduction of GHG emissions and promotion of responsible working conditions.
• Commitment to sustainable palm oil production and sourcing.
• Commitment to sustainable corn production.
• Commitment to sustainable cocoa production and sourcing.
• Commitment to sustainable seaweed harvesting and cultivation.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• FR3® dielectric fluid
• Anova® Rejuvenator
• NatureWax®
• Prolia™ soy flour adhesive
• BiOH® polyols
• QIRA™ corn-based butanediol

Environmental Metrics

ESG Focus Areas

• Product
• People
• Planet

Environmental Achievements

• 10.1% reduction in total energy use for coldwater feeds
• 11.8% reduction in absolute Scope 1 & 2 GHG coldwater feed emissions
• 1,000 tonnes of carbon saved using regenerative agriculture
• Saved almost 400 tonnes of GHG emissions by using SalmoNIR scanner on live salmon samples instead of sacrificing them for analysis.
• 72 tonnes of plastic saved in 2023 in Vietnam by using bags with 15% less plastic

Social Achievements

• Women representation increased significantly in overall workforce, management, and administration.
• 100% of senior leadership hired from local communities
• No instances of child labor reported.
• 78.8% of employees completed ethics and anti-corruption training.

Governance Achievements

• Working towards compliance with human rights legislation (UK Modern Slavery Act, Norwegian Transparency Act)
• Supplier Policy in place requiring suppliers to abide by sustainability principles and have environmental and social risk management procedures.

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions data only available for coldwater feeds initially.
• Water use in factories slowly increased.
• Significant process changes in warmwater feed production led to higher energy use and emissions.
• Ukraine conflict caused a sharp rise in raw material prices.
• Limited amount of packaging collected from customers for recycling due to contamination risk.

Mitigation Strategies

• Developing supplier data for Scope 3 emissions for warmwater feeds.
• Focusing efforts on enabling a water-positive impact in operations.
• Teams working to identify solutions for higher energy use and emissions in warmwater feed production.
• Increasing engagement with Fishery Improvement Projects (FIPs).
• Initiatives to reduce, reuse, and recycle packaging materials; using bags with 15% less plastic in Vietnam.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct, sustainability principles, environmental and social risk management procedures.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products, use of novel ingredients like insects and algae oil.

Reporting Standards

Frameworks Used: Null

Certifications: ISO standards (quality, environmental, food safety), BAP, Global G.A.P., organic standards, MSC, MarinTrust, ProTerra, Responsible Soy

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• SalmoNIR scanner, micro-pellet shrimp feed, EWOS CLEAR™ feed for land-based salmon hatcheries, feeds incorporating insect meal and algal oil.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate
• Land and Water
• People

Environmental Achievements

• Reduced absolute operational greenhouse gas (GHG) emissions by -10.97% from 2017 baseline (Scope 1 and 2)
• -0.43M MT CO2e reduced through supply chain sustainability programs (Scope 3)

Social Achievements

• 6.4 million farmer trainings in sustainable agricultural practices since 2017
• Reached 21 million people to improve nutrition and economic livelihoods by 2030
• Donated $115.5 million across 70 countries

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: S&P Global (limited assurance)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate
• Land & Water
• People
• Community Impact
• Ethics and Compliance
• Sustainable Supply Chains

Environmental Achievements

• Helped cocoa farmers adopt agroforestry practices, supporting enhanced biodiversity, improved water quality, and carbon sequestration.
• Reduced the intensity of North American beef supply chain by an estimated 2.4 million metric tons of CO2e by 2030 (projected).
• Investing in product sustainability capabilities through Life Cycle Assessment (LCA) to quantify environmental impacts of products.
• Launched Reach4Reduction™ initiative to reduce methane emissions.
• Created Anova® Asphalt additives, enabling up to 100% recycled asphalt pavement (RAP) use and reducing GHG emissions by 10% or more with 20% RAP increase.

Social Achievements

• Cargill Cocoa Promise improved farmer incomes and living standards, increased yields without land encroachment, and enhanced supply chain transparency.
• Provided nearly $850 million in financing since 2019 to egg suppliers for cage-free transition.
• Deployed $15 million (FY2022) and approved $10 million (FY2023) to expand bio-based packaging provider NatureStar.
• Improved sanitation and food safety in 10 Indonesian schools, reaching over 3,500 people directly and almost 14,000 indirectly, resulting in a three-fold reduction in student absenteeism due to diarrhea.
• Celebrated 50 years of Cargill Foundation in Brazil, supporting initiatives benefiting 80,000 people annually.
• Built 111 schools in Vietnam, serving around 17,000 children per year.
• Improved children’s health and nutrition in Mexico, with 47% of infants recovering height and 28% recovering from iron deficiency anemia.
• Spearheaded digital connectivity in Argentina, benefiting 3,000 people, including indigenous groups.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Water scarcity in Mexico.
• Methane emissions from beef and dairy production.
• Need for lower-carbon footprint in road construction.
• Lack of water access, sanitation, and food safety in Indonesian communities.

Mitigation Strategies

• Pilot program in Mexico providing financing for drip irrigation systems (reducing water consumption up to 39%).
• Reach4Reduction™ initiative to reduce methane emissions through direct and indirect solutions.
• Development of Anova® Asphalt additives with lower carbon footprint.
• Three-year initiative with CARE to improve sanitation and food safety in Indonesian schools.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Financing solutions supporting sustainable practices in egg, packaging, and agricultural supply chains.
• Cargill Cocoa Promise promoting sustainable cocoa farming.

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and sustainable practices.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bio-fiber and bio-polymer based packaging (NatureStar), Anova® Asphalt additives, plant-based meat alternatives.

Awards & Recognition

• Vietnam’s Top 50 Corporate Sustainability Awards 2023

Environmental Metrics

ESG Focus Areas

• Climate
• Land and Water
• People

Environmental Achievements

• Decreased greenhouse gas emissions from operations by 15.8% from a 2017 baseline, exceeding the goal.
• Transitioned more than 1.1 million acres in North America to regenerative agriculture practices since 2020.
• Accelerated commitment to eliminate deforestation and land conversion in key crop supply chains in Brazil, Argentina, and Uruguay by 2025.
• Reduced Scope 1 and 2 emissions by 15.8% compared to 2017 baseline.

Social Achievements

• Invested $130 million in partners and local communities across 70 countries.
• Delivered more than 700,000 farmer trainings focused on sustainable agricultural practices and market access.
• 35.7% of leadership roles filled by women.
• 7.2 million farmer trainings delivered since 2017.

Governance Achievements

• Refreshed the Code of Conduct and updated over 200 compliance policies.
• Provided training on anti-bribery, anti-fraud, data privacy, conflicts of interest, and speaking up.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on agriculture (changing temperatures, weather events, soil health).
• Supply chain disruptions due to climate events and geopolitical conflicts.
• Deforestation and land conversion in agricultural supply chains.
• Water scarcity in certain regions.

Mitigation Strategies

• Investing in efficiency and sustainability capital projects ($100 million).
• Expanding renewable energy portfolio (42% increase in contracted capacity since early 2023).
• Supporting farmer adoption of regenerative agriculture.
• Accelerated commitment to eliminate deforestation and land conversion by 2025 in Brazil, Argentina, and Uruguay.
• Implementing water stewardship practices at priority facilities.
• Partnerships with NGOs and other organizations to address challenges.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct (updated in 2023)
• Corporate Due Diligence Policy
• Human Rights and Environmental Grievance Process

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels

Transition Risks

• Price on carbon
• Changing customer demands

Opportunities

• Development of energy-efficient products
• Regenerative agriculture

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: RSPO, ISPO, ASC, BAP, GlobalG.A.P., Organic, ISO, MSC, MarinTrust, ProTerra, RTRS

Third-party Assurance: KPMG N.V. (limited assurance on selected KPIs)

UN Sustainable Development Goals

• Multiple SDGs are referenced throughout the report.

Cargill's sustainability strategy is aligned with the UN SDGs; details on alignment are in the ESG Scorecard and relevant report sections.

Sustainable Products & Innovation

• WindWings® for maritime decarbonization
• Products from more sustainable raw materials
• Voyage Foods confectionery alternatives

Awards & Recognition

• World’s Best Companies 2023
• BIG Sustainability Awards
• BIG Innovation Awards
• CII Food Safety Awards
• Fortune China: ESG Impact 2023
• America’s Most Innovative Companies 2023
• Top Global Champion for Global Supplier Diversity and Inclusion — Gold Level 2024 by WeConnect International
• Ascend Anchor Corporation of the Year by the Metropolitan Economic Development Association