Investor Presentaiton
31 Cargill 2020 Annual Report
Innovation
and digital
transformation
Material topic:
Responsible management and innovation
in agricultural practices
Whether to integrate businesses and sustainability, help the
world and our clients to prosper or produce more with less
resources, innovation at Cargill provides the means to face
some of the greatest challenges of the global food system.
Our clients seek the technical expertise and global presence
of the company to help them make their products and pro-
duction feasible, promote more efficient processes, connect
themselves to the supply chains globally or find a solution
that becomes a pioneering innovation. With our strategy,
we want to avoid the time and cost of reinvention and allow
solutions to be more quickly applied by them.
We have developed ways of working to leverage both our
global expertise as well as our regional focus. The Latin
American Innovation Center, installed in Campinas/SP, is
connected to the other 13 food technology and innovation
centers that Cargill has throughout the world. Having com-
plementary competencies, all of them are available to our
clients that intend to accelerate the development process of
new products or processes.
Since 2018, we have invested in Brazil approximately US$
150 million to acquire new technologies. We have mod-
ernized the Human Resources systems, from recruiting to
performance evaluation, to simplify access to our 10,000
employees in Brazil, we have updated our management,
manufacturing, transportation and distribution systems so
that our clients have a better experience in the relationship
with the company and a forecast of its transactions and we
have reinforced the IT area team, which currently works with
high performance systems and teams. These investments
have also been applied to renew our cyber attack protection
system.
We count on the coupling of innovation with new technologies
to deal with challenges related to the commitments we have
taken on: transparency and safety in producing food for con-
sumers; responsible trade, sustainable nutrition; and farmer
prosperity. We consider that the technological innovations not
only allow, but also change market dynamics.
We know it is impossible for a single company, technology or
platform to carry out this transformation alone. This is why we
act in partnerships and whenever possible seek collaborative
and open-code technologies. We share our lessons learned
so that the entire innovation and new technologies ecosystem
can benefit and contribute to leverage agriculture and food
worldwide.
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