DuPont CEO announces progress on 2020 food security goals
Addressing more than 1,000 international leaders at the World Food Prize 2013 Norman Borlaug Dialogue, DuPont Chair and CEO Ellen Kullman announced progress made in the first year of the company’s 2020 food security goals to address global hunger challenges. Established in 2012, DuPont’s food security goals – targeting innovation, education and rural community development – are an outgrowth of its long-standing sustainability goals focused on the environment.
“In our first year of the food security goals we allocated resources and attention to bring new innovations to the market, to engage the next generation of food leaders, and to build up the communities that are home to the world’s farmers,” Kullman said. “These goals are a catalyst for collaboration, innovation and, most importantly, action. What gets measured gets done.”
Progress made in the first year of the DuPont food security goals include:
- Innovating to Feed the World: Invested $1.2 billion of the $10 billion research and development commitment in 2012 and introduced more than 1,000 new products of the 4,000 products goal centered on producing more food; enhancing nutrition, food and agriculture sustainability and safety; boosting food availability and shelf life; and reducing waste;
- Engaging and Educating Youth: Worked with 360,000 youth globally – contributing to the goal of 2 million youth engagements around the world in educational opportunities; and
- Improving Rural Communities: Engaged with more than 160,000 smallholder farmers with the goal of improving the livelihoods of at least 3 million farmers and their rural communities through targeted collaboration and investments that strengthen agricultural systems and make food more available, nutritious and culturally appropriate by 2020. This does not account for the work already being done to enhance the lives of hundreds of millions of farmers through the normal DuPont business practices.
Bringing New Solutions to Food
Investment in new product innovations is critical to increasing food production while also improving the sustainability of agriculture globally. Cutting-edge solutions such as Optimum AQUAmax corn hybrids with improved drought tolerance from DuPont Pioneer are an example of how DuPont is protecting farmers’ crops and meeting its food security goal of 4,000 new products by 2020. The Optimum AQUAmax products help farmers minimize risk and maximize productivity by providing improved yield stability for the corn plant under water-stressed growing conditions. In 2013, there were 45 product offerings in the Optimum AQUAmax lineup across about 7 million acres in the United States.