MINNEAPOLIS — Progress in greenhouse gasoline emissions, water conservation and workforce range are among the many highlights detailed in Cargill’s Environmental, Social and Governance (ESG) report. The lately launched report covers the corporate’s ESG packages and exercise in 2022.
“Since Cargill was based 157 years in the past, our meals and agriculture system has advanced considerably to satisfy the wants of a rising, world inhabitants,” David MacLennan, chief government officer and board member at Cargill, wrote in a letter included within the report. “Pushed by our values and guiding rules, we’ve labored all through the many years to make this technique safer and extra sustainable.”
Cargill’s sustainability technique focuses on three priorities: local weather, land and water, and folks. Among the many firm’s many 2022 highlights, Cargill contains progress made in greenhouse gasoline emissions, water conservation, neighborhood funding and aid, and workforce range.
The corporate efficiently reached its targets for world affect contributions by donating greater than $163 million throughout 57 nations.
Over the previous yr Cargill mentioned it invested over $70 million in vitality effectivity and GHG emissions reductions in its operations. It’s over midway to reaching its Scope 1 and a couple of objectives to scale back absolute operational GHG emissions by 10% by 2025. To assist attain these objectives, the corporate is collaborating with prospects and suppliers to develop emissions-reducing know-how and renewable vitality initiatives.
Progressing towards its objective to revive 600 billion liters of water by 2030, Cargill famous greater than 5 billion liters restored as of this yr.
“Our efficiency towards these targets this yr signifies we’ve made progress on the profitable implementation of water stewardship practices at precedence services, in addition to scaling our pipeline of regenerative agriculture packages to drive higher affect in our provide chains,” the report mentioned.
Whereas Cargill famous regular progress on lots of its objectives, the corporate mentioned two areas require consideration to succeed in their objectives: zero deforestation by 2030 and elevated range, fairness and inclusion within the workforce.
With greater than 155,000 staff, Cargill operates throughout 70 nations and sells to 125 nations. The corporate famous a rise within the variety of girls represented on the chief staff, with 46% being feminine, and 34% of the corporate’s management roles are fulfilled by girls. Cargill hopes to attain gender parity in management by 2030 globally.
“Truthful and equitable pay is crucial for making certain all staff are revered and appreciated,” the report mentioned. “This yr, for the second consecutive yr, Cargill achieved gender pay fairness, on common, amongst professional-level staff globally.”
In 2020, Cargill set a objective to extend illustration of Black staff in its US and Brazil sectors by 20% by 2025. The corporate mentioned progress on that objective is being tracked and shall be reported later.