The global food giant is working with a range of partners to increase its use of renewables, decrease emissions and tackle deforestation, according to its latest integrated annual report
Cargill has a high-profile sustainability agenda. Following President Trump’s decision to exit the Paris Agreement, Cargill chairman and CEO David MacLennan was quick to step up and declare the company’s continued commitment to address climate change in its global food and agriculture supply chains.
Headquartered in Minnesota, with 155,000 employees in 70 countries, the global food, agriculture and financial services group, which boasts revenues of $27.3bn (compared to $27.1bn the previous year), is one of the world’s largest, with extremely complex supply chains, including purchasing, storing and transporting crops, grain and other agricultural commodities; and manufacturing and processing of food ingredients and livestock feed.
The company’s integrated annual report re-affirms Cargill’s commitment to the Paris Climate Agreement and its alignment with the SDGs, and shows that it is making good strides on its 2020 targets: greenhouse gas intensity, energy efficiency, freshwater efficiency and renewable energy.
Working with a range of partners, including the Nature Conservancy, the company has avoided 1 million metric tons of GHG emissions this year. It also puts its biomass to good use: in Southeast Asia palm fruit fibres and hulls power nearly all of its oil plantations and mills.
As one of the largest charterers of dry bulk and...