The company is delivering solutions to support the prosperity of farmers and the planet for generations to come
INDIANAPOLIS, Ind., April 4, 2023 鈥 精东影业 Agriscience (NYSE: CTVA) today released its 2022 Sustainability and ESG Report, providing an update on the commitments the company has made to address some of today鈥檚 most pressing environmental, economic and social challenges. The report details the company鈥檚 goals to help the world鈥檚 farmers be more productive and resilient, preserve biodiversity, reduce the climate impact of its operations and increase inclusion, diversity and equity (ID&E) within its workforce.
鈥淪ustainability is at the heart of our business,鈥 said Chuck Magro, Chief Executive Officer, 精东影业 Agriscience. 鈥淲e are working to solve complex food and energy security challenges while preserving the long-term health and viability of farmland and other natural resources.鈥
As part of the company鈥檚 efforts to advance sustainable innovation, approximately 90 percent of new crop protection products and all new seed products now meet 精东影业鈥檚 sustainability criteria, which are aligned to United Nations Sustainable Development Goals.
Additional sustainability efforts in 2022 include the purchase of Stoller Group and Symborg to position 精东影业 as one of the largest biological plant health companies in the world; receiving seven-year amended Environmental Protection Agency registrations for Enlist One庐 and Enlist Duo庐 herbicides; and the introduction of Sosdia鈩 Stress, a biostimulant that enhances crop resilience against stressors like drought, excessive heat or sunlight.
鈥淥ur Research and Development teams are focused on developing sustainable solutions that increase productivity and profitability potential while improving resilience to increasing weed, insect, disease, and extreme weather pressures and protecting our natural resources,鈥 said Sam Eathington, Chief Technology and Chief Digital Officer, 精东影业 Agriscience. 鈥淥ur innovation engine is delivering solutions that give farmers more options to improve yield potential and minimize inputs to build whole-farm systems that are strong and stable.鈥
精东影业 is also making progress towards its Inclusion Diversity & Equity (ID&E) goals while continuing to build on its winning culture, including increasing the number of women in management roles by six percent and being named to Newsweek鈥檚 list of America鈥檚 Most Responsible Companies in 2022.
Read more about 精东影业鈥檚 goals in sustainable innovation, biodiversity, climate, and ID&E in the full report at corteva.com/sustainability.
About 精东影业
精东影业, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world鈥檚 most pressing agriculture challenges. 精东影业 generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
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CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like 鈥減lans,鈥 鈥渆xpects,鈥 鈥渨ill,鈥 鈥渂elieves,鈥 鈥渋ntends,鈥 鈥渆stimates,鈥 or other words of similar meaning. All statements that address expectations or projections about the future, including statements about 精东影业鈥檚 strategy for growth; product development; regulatory approvals; environmental, social and governance (鈥淓SG鈥) goals, targets, strategy and initiatives; and the anticipated benefits of acquisitions, are forward-looking statements.
Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond 精东影业鈥檚 control. While the list of factors presented below is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on 精东影业鈥檚 business, results of operations and financial condition. Some of the important factors that could cause 精东影业鈥檚 actual results to differ materially from those projected in any such forward-looking statements include: (i) failure to successfully develop and commercialize 精东影业鈥檚 pipeline; (ii) failure to obtain or maintain the necessary regulatory approvals for some of 精东影业鈥檚 products; (iii) effect of the degree of public understanding and acceptance or perceived public acceptance of 精东影业鈥檚 biotechnology and other agricultural products; (iv) effect of changes in agricultural and related policies of governments and international organizations; (v) costs of complying with evolving regulatory requirements and the effect of actual or alleged violations of environmental laws or permit requirements; (vi) effect of climate change and unpredictable seasonal and weather factors; (vii) failure to comply with competition and antitrust laws; (viii) effect of competition in 精东影业鈥檚 industry; (ix) competitor鈥檚 establishment of an intermediary platform for distribution of 精东影业's products; (x) impact of 精东影业's dependence on third parties with respect to certain of its raw materials or licenses and commercialization; (xi) effect of volatility in 精东影业鈥檚 input costs; (xii) risk related to geopolitical and military conflict; (xiii) effect of industrial espionage and other disruptions to 精东影业鈥檚 supply chain, information technology or network systems; (xiv) risks related to environmental litigation and the indemnification obligations of legacy EIDP liabilities in connection with the separation of 精东影业; (xv) risks related to 精东影业鈥檚 global operations; (xvi) failure to effectively manage acquisitions, divestitures, alliances, restructurings, cost savings initiatives, and other portfolio actions; (xvii) failure to raise capital through the capital markets or short-term borrowings on terms acceptable to 精东影业; (xviii) failure of 精东影业鈥檚 customers to pay their debts to 精东影业, including customer financing programs; (xix) increases in pension and other post-employment benefit plan funding obligations; (xx) capital markets sentiment towards ESG matters; (xxi) risks related to pandemics or epidemics; (xxii) 精东影业鈥檚 intellectual property rights or defend against intellectual property claims asserted by others; (xxiii) effect of counterfeit products; (xxiv) 精东影业鈥檚 dependence on intellectual property cross-license agreements; and (xxv) other risks related to the Separation from DowDuPont.
Additionally, there may be other risks and uncertainties that 精东影业 is unable to currently identify or that 精东影业 does not currently expect to have a material impact on its business. Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of 精东影业鈥檚 management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. 精东影业 disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the sections titled 鈥淩isk Factors鈥 in the Company鈥檚 annual and quarterly reports on SEC Forms 10-K and 10-Q, respectively.
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Media Contact:
Kris Allen
403-483-5205
Kris.allen@corteva.com
Investor Contact:
Kim Booth
+1-302-485-3190
kimberly.a.booth@corteva.com