Ethical Business Conduct and Compliance

Since Cargill's founding in 1865, we have been known as a company that does business in a legal and ethical manner. Our customers, shareholders, employees and communities count on us to uphold a rigorous commitment to act ethically and responsibility, to honor our obligations, and to treat everyone with dignity and respect. At Cargill ocean transportation, we take a leadership role in advocating for ethical practices that increase transparency and accountability, and reduce corruption across the entire shipping industry.

Cargill's Code of Conduct outlines the company's ethical and compliance standards for conducting business. The code is grounded in a set of Guiding Principles which are ingrained in our culture and serve as the foundation for the behaviors expected from our employees, contractors and suppliers in all parts of the world. Cargill ocean transportation business strictly adheres to this code, and we require our suppliers to comply with our corresponding Supplier Code of Conduct.

Making progress

Since 2017 we have made good progress in this field and are continuing to put into place processes that help our employees and other stakeholders understand and adhere to the company's Guiding Principles. We are working to increase transparency and accountability and reduce corruption across the maritime industry, and Cargill is an active member of the Maritime Anti-Corruption Network (MACN). Cargill's corporate risk and compliance department also conducted an audit in 2017 that included our ocean transportation business.

We continue to make this a priority and fulfill our target.

• Zero incidents of corrupt practices.

You can read more about our efforts to progress in ethical business conduct and compliance in our 2018 Corporate Responsibility Report.