Cargill media statement on Risky Business Climate Change Report

June 24, 2014

Cargill sees climate change as a risk influencing our ability to create a more food-secure world. All the things that are challenging about producing food for a growing, more affluent population become more interdependent when faced with the range of possible impacts of a changing climate. In a period of accelerated climate change, the question is whether the food systems upon which we rely can adapt. 

A new report that evaluates the range of risks posed to the U.S. economy by climate change over the next century was issued today. Called “Risky Business: Our Nation’s Economy at Risk from Climate Change,” it uses a classic risk assessment approach, based on peer-reviewed science and private sector econometrics modeling, to quantify the potential impacts for each region of the U.S. at a level of geographic granularity not previously available. Moreover, it assesses the risks to key sectors of the U.S. economy, including agriculture. To view the detailed "American Climate Prospectus" authored by the Rhodium Group, click here.

Cargill’s Executive Chairman, Greg Page, has been involved in an advisory capacity with the project, which was organized last fall by former New York City Mayor Michael Bloomberg, Former U.S. Treasury Secretary Hank Paulson and former Senior Managing Member of Farallon Capital Management Tom Steyer.

Cargill chose to participate in this conversation – even in the face of climate change uncertainties – because we believe it is an important dialogue to have today in order to prepare to accommodate a range of climate change scenarios.

Greg Page on 'Risky Business'

Cargill Executive Chairman Greg Page talks about the "Risky Business" Report.

'Risky Business' overview 

Business and policy leaders talk about the potential impact of climate change.