The company is delivering solutions to support the
prosperity of farmers and the planet for generations to
come
INDIANAPOLIS, April 4,
2023 /PRNewswire/ -- Corteva 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's most pressing environmental, economic and
social challenges. The report details the company's goals to help
the world's 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.
"Sustainability is at the heart of our business," said
Chuck Magro, Chief Executive
Officer, Corteva Agriscience. "We are working to solve complex food
and energy security challenges while preserving the long-term
health and viability of farmland and other natural resources."
As part of the company's efforts to advance sustainable
innovation, 90 percent of new crop protection products and all new
seed products now meet Corteva's 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 Corteva as one of the
largest biological plant health companies in the world; receiving
seven-year amended Environmental Protection Agency registrations
for Enlist One® and Enlist Duo® herbicides;
and the introduction of Sosdia™ Stress, a biostimulant that
enhances crop resilience against stressors like drought, excessive
heat or sunlight.
"Our 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," said Sam Eathington,
Chief Technology and Chief Digital Officer, Corteva Agriscience.
"Our 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."
Corteva 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's list of America's Most Responsible Companies in
2022.
Read more about Corteva's goals in sustainable innovation,
biodiversity, climate, and ID&E in the full report at
corteva.com/sustainability.
About Corteva
Corteva, 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's most pressing agriculture challenges. Corteva 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.
Follow Corteva on Facebook, Instagram, LinkedIn, Twitter and
YouTube.
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
"plans," "expects," "will," "believes," "intends," "estimates," or
other words of similar meaning. All statements that address
expectations or projections about the future, including statements
about Corteva's strategy for growth; product development;
regulatory approvals; environmental, social and governance ("ESG")
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 Corteva's 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 Corteva's business, results of operations and
financial condition. Some of the important factors that could cause
Corteva's actual results to differ materially from those projected
in any such forward-looking statements include: (i) failure to
successfully develop and commercialize Corteva's pipeline; (ii)
failure to obtain or maintain the necessary regulatory approvals
for some of Corteva's products; (iii) effect of the degree of
public understanding and acceptance or perceived public acceptance
of Corteva's 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 Corteva's industry;
(ix) competitor's establishment of an intermediary platform for
distribution of Corteva's products; (x) impact of Corteva's
dependence on third parties with respect to certain of its raw
materials or licenses and commercialization; (xi) effect of
volatility in Corteva's input costs; (xii) risk related to
geopolitical and military conflict; (xiii) effect of industrial
espionage and other disruptions to Corteva's 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
Corteva; (xv) risks related to Corteva's 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
Corteva; (xviii) failure of Corteva's customers to pay their debts
to Corteva, 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) Corteva's
intellectual property rights or defend against intellectual
property claims asserted by others; (xxiii) effect of counterfeit
products; (xxiv) Corteva's 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
Corteva is unable to currently identify or that Corteva 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 Corteva's
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.
Corteva 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 "Risk Factors" in the Company's annual and
quarterly reports on SEC Forms 10-K and 10-Q, respectively.
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SOURCE Corteva, Inc.