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2024 Annual Report

See a future full of possibilities with our latest annual report. From pioneering innovation to sustainable growth, “Nourishing the Future” shows how we’re seeding opportunities for our customers, communities, and planet. Explore how the advances we’re leading today can help build a healthier, more resilient food system for tomorrow.

Download the report

2024 Annual Report

See a future full of possibilities with our latest annual report. From pioneering innovation to sustainable growth, “Nourishing the Future” shows how we’re seeding opportunities for our customers, communities, and planet. Explore how the advances we’re leading today can help build a healthier, more resilient food system for tomorrow.

Download the report

Nourishing the future

Letter to our stakeholders from Cargill CEO Brian Sikes

 

Every grain grows from a single seed. With the right conditions and care, each seed takes root before its shoot rises from the soil, reaching for sunlight, water, and the chance to grow.

At Cargill, our roots run deep. For 159 years, our company has grown with purpose to meet the evolving needs of a hungry world. Today, from our unique position at the center of the food system, the conditions are right to reach for urgently needed solutions that will nourish the future.

And the future isn’t far off. As we race to feed a fast-growing population, our first horizon is 2030.

 

Read more

Brian Sikes
Annual report 2024

Nourishing people’s future

 

Everyone deserves a chance to succeed. We empower people around the world by advancing equity, access, and opportunities — from inclusive workplace programs to commercial possibilities to community support. All to help people build better lives.

CASE STUDY

Empowering the women who empower our food system

 

Challenge

Women play a pivotal role in our food system. However, gender inequity in agriculture has created barriers to success for women around the world.

Approach

We work across supply chains and communities to provide more equitable opportunities for women in food and agriculture — from education to business training to economic empowerment.

Impact

Through our She Thrives initiative with CARE, we’ve educated 1,000 women smallholder farmers in Vietnam. With LadyAgri, we’ve provided women in Cameroon with climate-smart food processing equipment, such as solar dryers, to support their market access, increase their revenue, and improve their household food security. And with Educampo, through En Pro de la Mujer, we’ve empowered 200 women farmers in Mexico to use eggs to generate income.

 

The solar dryer has drastically reduced our post-harvest losses. We process our cassava and maize into high-quality tapioca and flour and have been able to reinvest in our very own storage space with the generated revenue.      

— Mme Chrescence Bediga Belibi

President of the Zima Women Force Cooperative that participates in the Cargill and LadyAgri initiative
Annual report 2024

Nourishing our customers’ future

 

Our customers need innovative solutions to meet their evolving needs. We partner to help them embrace their biggest opportunities and overcome their greatest challenges. Together, we help businesses, communities and the world prosper.

CASE STUDY

Leading the industry in eliminating industrially produced trans-fatty acids

 

Challenge

As consumers seek healthier food options, the World Health Organization (WHO) has called on food companies to eliminate industrially produced trans-fatty acids (iTFAs) from the global food supply.

Approach

We’re leading the way in removing iTFAs for our customers. This year, we became the first global edible oils supplier to meet the WHO’s best practice for limiting iTFAs in food.

Impact

We have now eliminated more than 1.5 billion pounds of products containing iTFAs from the global supply chain over more than 25 years — including for customers like PepsiCo.

We’re pleased to see Cargill’s continued commitment to reduce industrially produced trans fats in all their oils, recently achieving their goal to align with the World Health Organization’s recommended standards. This move aligns with PepsiCo’s successful reduction of iTFAs in our foods to meet this same standard, and we encourage our fellow industry partners to join us in this important initiative to evolve our food and beverage portfolio to be better for the planet and people.      

— René Lammers

PepsiCo’s chief science officer
Annual report 2024

Nourishing our planet’s future

 

A healthy planet is vital for us all. That’s why sustainability guides our decision-making and is embedded in our purpose. Our actions today help preserve our planet for generations to come.

CASE STUDY

Making waves: Our groundbreaking wind technology sets sail

 

Challenge

Most of the world’s food is transported by sea. Ocean shipping, however, accounts for 3% of global greenhouse gas (GHG) emissions that contribute to climate change.

Approach

As a charterer, we are partnering and investing to find solutions that can help transform the industry. One potential solution? The Pyxis Ocean, the first bulk carrier retrofitted with airplane-style wings to harness the power of wind. We developed the WindWings™ technology with BAR Technologies and MC Shipping.

Impact

WindWings allows the ship’s engine to be powered down to consume less fuel and produce less emissions. During initial voyages across the Indian, Pacific and Atlantic oceans, the ship has shown promising early results and is now the most efficient Kamsarmax vessel on the water, according to RightShip’s GHG rating.

Annual report 2024 This project was built on partnership and cooperation because it’s always difficult to be the first at something. In an engineering sense, we were making a discovery.      

— Simon Roberts

Chief operating officer at BAR Technologies, one of Cargill’s partners in developing and launching the WindWings technology 

 

 

More highlights from the year

Helping McDonald’s source cage-free eggs

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Lower methane emissions? Start with a cow’s diet.

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How our employees get Together for Community

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Cocoa shells to KitKat: Our partnership with Nestlé

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The bioeconomy: Using nature for life’s essentials

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Innovating across industries for Asia Pacific customers

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A fresh spin on renewable energy with Mars

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Fertile ground: Expanding regenerative agriculture

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Powered by Plants: Investing in our front line

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