Investor Presentaiton
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5 Cargill 2020 Annual Report
We know that consumers around the world are more aware
and demanding more sustainable products than ever before; Digitization and collaboration
this change in consumer profile is a movement of no return.
Aware of this demand, we have worked together with our
chain to ensure that our products meet the consumer mar-
ket requirements without, however, violating the rights of
those who produce them.
We believe that conciliating agricultural production, commu-
nity development and environmental preservation is per-
fectly possible and we have made our best efforts towards
this. The first step to adapt our business strategy to this
reality is to profoundly understand our chain, know what the
areas of greater risk are and concentrate our efforts to miti-
gate them.
Collective effort
We consider that the sustainability of the productive chains,
far from depending on sole will, is built by the collective
action of different social actors, among which we are
inserted under the condition of a special link between food
producers and consumer markets.
We have invested so that our teams know how to deal with
this situation, just like we have invested in technology to
avoid deforestation from entering into our chain. Our goal is
to eliminate deforestation from our supply chain until 2030
and we have achieved significant progress in 2020. With the
methodologies we have developed to understand the risks
of the supply chain and estimate our soy volumes free from
area deforestation or conversion (DCF - Deforestation/
Conversion-Free), we have reached 96.1% of DCF products
in Brazil last year.
We knew that technology would have a transforming role for
rural production and the industry as a whole. And this per-
ception has become a reality. Brought on by the pandemic,
the disruption that shook the productive chains and the global
economy in 2020 served to remind Cargill and the industry
in general that digital transformation and collaboration have
a critical importance not just for business success. In many
cases, it has proven vital for the safety and well-being of our
society.
We are acting strongly regarding diversity
in our workforce to make Cargill a company
that mirrors Brazilian diversity
We had a vivid example of this strength within our company.
When the pandemic started, we accelerated the infrastructure
plans and collaboration tools and, for this, we changed our
way of implementing digital projects. We did in three weeks
what we set forth to do in one year. We moved at once almost
three thousand people from our offices to work at home with
a minimal operational interruption. This would be impossible
to imagine prior to 2020.
We will follow along this investment journey in innovation and
in value generation for consumers in order to meet the con-
sumption growth via e-commerce, and our main brands like
Liza, Elefante and Pomarola will also be even closer to con-
sumers by means of continuous digital communication.
Internal transformation
Internally, we have three critical objectives - reduce emis-
sions in scopes 1, 2 and 3; ensure the safety of our per-
sonnel in operations with zero accidents; and encourage
diversity and inclusion among people who work for our com-
pany. We are acting strongly in favor of diversity in our work
force to make Cargill a company that mirrors the diversity of
Brazilians.
We still have challenging times ahead of us. This will require
greater strength from the Brazilian agribusiness so that the
country may continue proving itself as a reliable supplier
for the world. Cargill trusts in the food supply potential of
Brazil and reinforces its commitment with investments in
the country.
With this report, we wish to show how we crossed a year
marked by uncertainty, fighting to preserve operational effi-
ciency and our commitment to the country and the world.
We thank our employees and suppliers for their determina-
tion in maintaining an essential sector operational. And we
thank our clients for the proven partnership during this dra-
matic period. Enjoy your reading!
Paulo Sousa
President of Cargill in BrazilView entire presentation