How we lead

(G4-34)

Today, Cargill's global leadership is the responsibility of the Executive Board, formed by the president and nine directors, and leads the execution of the global strategies defined by the parent company.

Cargill's senior leadership relies on the support of five standing committees, and in some cases, committees that are created specifically to address certain issues. Executives from Cargill do Brasil, as well as from other parts of the world, make up the corporate committees, ensuring that the specificities of the business at each location are taken into account when creating initiatives and projects.

Currently, the committees are structured as follows:

Business Ethics Committee

Works toward compliance with the Code of Conduct and manages risks related to Cargill's brand and reputation. It also defines the company's position regarding public policies and stakeholder relationships, to ensure integrity and transparency when conducting business.

Human Resources Committee

Supports the task of attracting, selecting, and managing talent based on guidelines for promoting diversity and inclusion. The Committee also discusses and reviews policies regarding remuneration, benefits, labor practices, pension fund investments, and career transition initiatives.

Financial Risk Committee

Responsible for defining policies, standards, and procedures for risk management, in order to guarantee the sustainability of the business before the economic and financial factors that may impact operations.

Occupational Health and Safety Committee

Monitors the indicators related to the health and safety of employees, and supports initiatives toward compliance and improvement of safety standards and procedures inside and outside the company.

Sustainability Committee

Operates with the objective of disseminating the sustainability strategy in all areas of the company and in the communities where Cargill is present. Currently, it is formed by the president and ten other company leaders. In 2016, the group gained important support by including the Director of Animal Nutrition – now the Committee has representatives from all Cargill business units.

Aiming to meet local objectives and needs, two other committees were created in Brazil in 2016:

Health Committee

Its main objective is to connect and strengthen Cargill's health initiatives, such as the benefits area, outpatient clinics, and prevention campaigns. With a series of actions planned in partnership with the Human Resources department, the Health Committee seeks to help employees take responsibility for their own health care.

Diversity Committee

A multidisciplinary group with representatives from all areas of Cargill, which aims to build an inclusive work environment that respects human differences. The first actions of the Diversity Committee in 2017 are focused on the gender issue, a global focus of Cargill. However, other aspects of diversity will also have specific actions throughout the year.

 

 

 

 

Sustainability management

In line with Cargill's changes in Brazil and the world, and the company's overall purpose, in 2016 the Sustainability Committee defined the strategic vision for its actions up to 2020: to contribute for the company to be recognized as the most reliable source of products and sustainable services. To this end, the Committee's management will be based on four pillars: governance, strategic partnerships, Cargill’s sustainability positioning, and communication and education.

Relevant aspects

Since 2015, the Committee’s working groups have been developing initiatives based on nine aspects of greatest relevance to the sustainability of the company and the regions impacted by our business. They are: land use, water, energy, climate change, best agricultural practices, occupational health and safety, work health and safety compliance, communities, and suppliers.

In 2016, the Committee chose three aspects from this group to focus more intensely and thus concentrate more strongly on its management: occupational health and safety, occupational health and safety compliance, and land use.

 

 

 

 

Risk management

The risk management system is one of the components of Cargill's business management success. By anticipating risks that may impact operations, we are able to make more assertive decisions, quickly and responsibly.

The main risks monitored are:

Credit risk

Exchange rate and interest rate risk

Liquidity risk

Risk of commodity prices

Risks arising from climate change

The company also has in place Cargill Risk Management (CRM), a business unit responsible for offering solutions in the area of risk management to rural producers and companies in the agricultural sector and the food industry. CRM helps clients protect themselves from market risks when pricing their products, offering differentiated solutions for various agricultural commodities.