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Corteva

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Corteva
NameCorteva
TypePublic
Traded asNYSE: CTVA
IndustryAgricultural chemistry
Founded2019
FounderDowDuPont
HeadquartersWilmington, Delaware
Key peopleJames C. Collins Jr.

Corteva. As a leading global agricultural company, Corteva operates in over 140 countries, providing innovative solutions to farmers, growers, and agricultural professionals through its diverse portfolio of seeds, crop protection products, and digital agriculture tools, in collaboration with Bayer, Syngenta, and Monsanto. The company's history is rooted in the DowDuPont merger, which led to the creation of Corteva as an independent entity, with DuPont and Dow Inc. as its parent companies. Corteva's mission is to enrich the lives of those who produce and consume food, by working with farmers like John Deere and Case IH to increase crop yields and improve food security, while also partnering with research institutions like the University of Illinois at Urbana-Champaign and the International Maize and Wheat Improvement Center.

History

Corteva's history began with the merger of Dow Chemical Company and DuPont in 2015, resulting in the formation of DowDuPont, a multinational conglomerate with a diverse portfolio of businesses, including agriculture, materials science, and specialty products. The DowDuPont merger was followed by the separation of its agriculture division, which became Corteva, an independent company, with James C. Collins Jr. as its CEO, and Gregory R. Page as its chairman. Corteva's history is also linked to the Pioneer Hi-Bred International and Myogen, which were acquired by DuPont in 1999 and 2007, respectively. The company has also collaborated with The Nature Conservancy and the World Wildlife Fund to promote sustainable agriculture practices.

Products and Services

Corteva offers a wide range of products and services, including seeds for various crops like corn, soybeans, and wheat, as well as crop protection products, such as herbicides, insecticides, and fungicides, which are used by farmers like Cargill and Archer Daniels Midland. The company also provides digital agriculture tools, including precision farming software and data analytics services, in partnership with Granular and FarmLogs. Corteva's products and services are designed to help farmers and growers increase crop yields, improve food quality, and reduce environmental impact, while also working with organizations like the Food and Agriculture Organization of the United Nations and the International Fund for Agricultural Development.

Research and Development

Corteva invests heavily in research and development to develop innovative solutions for the agricultural industry, with a focus on sustainable agriculture practices, in collaboration with research institutions like the University of California, Davis and the International Rice Research Institute. The company's R&D efforts are focused on developing new seeds and crop protection products, as well as improving digital agriculture tools, with partnerships with companies like Microsoft and IBM. Corteva also collaborates with universities and research institutions like the Massachusetts Institute of Technology and the University of Wisconsin-Madison to advance agricultural research and develop new technologies, including genetic engineering and biotechnology, with scientists like Norman Borlaug and M.S. Swaminathan.

Sustainability Efforts

Corteva is committed to sustainability and has set ambitious goals to reduce its environmental impact, in partnership with organizations like the World Business Council for Sustainable Development and the Sustainable Agriculture Coalition. The company aims to reduce its greenhouse gas emissions and water usage, while also promoting sustainable agriculture practices among farmers and growers, with initiatives like the Corteva Agriscience Sustainability Initiative and the Sustainable Agriculture Standard. Corteva also works with stakeholders like The Coca-Cola Company and Unilever to develop sustainable supply chains and promote environmental stewardship, while also collaborating with governments like the United States Department of Agriculture and the European Commission.

Corporate Structure

Corteva is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol CTVA, with James C. Collins Jr. as its CEO and Gregory R. Page as its chairman. The company's corporate structure includes a board of directors with members like Lambertus J. Hurrelmann and Michael O. Johanns, who have experience in the agricultural industry and corporate governance. Corteva's corporate headquarters is located in Wilmington, Delaware, with operations in over 140 countries, including United States, Brazil, China, and India, with partnerships with companies like BASF and Monsanto. The company also has a strong presence in Europe, with operations in countries like Germany, France, and United Kingdom, and works with organizations like the European Farmers' Association and the International Chamber of Commerce. Category:Agricultural companies

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