Corteva, Inc. announced its intention to become a more carbon-efficient business. In its inaugural 2020 Sustainability Report, the company detailed a commitment to set “science-based targets” for greenhouse gas emission reductions.
“We recognize that climate change affects us all. We are taking action that is right for our business and farmers,” said Jim Collins, Jr., CEO. “Our commitment signals that we intend to do our part on this important issue. By addressing this global challenge today, we are fortifying our ability to grow food, grow progress and build a sustainable industry that will help humanity thrive for generations to come.”
Corteva’s sustainability report is being released one year after the company announced 14 ten-year commitments to advance sustainability for farmers, and land, in communities and the company’s operations.
Corteva Agriscience intends to achieve this goal through various initiatives, including taking steps to reduce energy usage, focus efforts in research and development, increase production efficiencies, and transition to renewable energy sources.
The report took note of initiatives that include using less energy in transporting its products and pointed to a decision in Japan to use railroads and a European researcher center that uses renewable energy sources.
Along with the climate strategy announcement, Corteva’s inaugural 2020 Sustainability Report highlights its sustainability goals and efforts toward achieving them.
Read the full report at corteva.com/sustainabilityreport.
Corteva, Inc., based near Wilmington, is a publicly-traded agriculture company that provides farmers around the world with seed, crop protection, and digital offerings.
Corteva Agriscience became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont.
The merger of DowDuPont and its spin-off into three companies was driven by the decision to combine the agriculture operations of Dow and DuPont.
The result was slimmed down operations of Dow and DuPont and Corteva, which describes itself as a “pure-play” ag company.
In Delaware, the transaction led to Philadelphia-based FMC acquiring former DuPont agriscience product lines to meet antitrust conditions related to the formation of Corteva.
As part of the sale, FMC now has a research and development center at DuPont’s Stine-Haskell site in Newark.
