Mission Statement, Vision, & Core Values of Corteva, Inc. (CTVA)

Are you curious about what drives a leading agricultural company like Corteva? Have you ever wondered how a company with $16.9 billion in net sales in 2024 sets its direction and ensures it stays true to its purpose? Understanding a company's mission, vision, and core values offers valuable insights into its strategic priorities and long-term goals. Dive in to discover the guiding principles that shape Corteva's commitment to enriching lives and fostering progress for generations to come.

Corteva, Inc. (CTVA) An Overview of

Corteva, Inc. (CTVA) is a major player in the agricultural sector, offering a wide range of products and services to farmers worldwide. The company's history is rooted in the combined strengths of DuPont Crop Protection, Dow AgroSciences, and Pioneer Hi-Bred. These entities merged to form Corteva, which was spun off as an independent public company in June 2019.

Corteva specializes in crop protection and seed technologies, helping farmers maximize their yields and manage their operations more efficiently. Their offerings include:

• Seeds: Developing and selling advanced seed varieties, including corn, soybeans, and other crops.
• Crop Protection: Providing herbicides, insecticides, and fungicides to protect crops from weeds, pests, and diseases.
• Digital Solutions: Offering technology-driven tools and services to help farmers make informed decisions and optimize their farming practices.

As of April 2025, while specific real-time sales figures are dynamic and subject to change, Corteva consistently demonstrates a strong market presence. For instance, in the fiscal year 2024, Corteva reported net sales of $17.24 billion and operating earnings of $2.49 billion. These figures underline its position as a key player in the agricultural industry.

Corteva's financial performance in its latest reporting period showcases significant achievements. In 2024, the company reported record-breaking revenue, driven particularly by robust sales in its main product lines. Notably, seed sales saw substantial growth, contributing significantly to the overall revenue increase. This growth was observed across various geographical markets, reflecting the company's expanding global footprint. Corteva's Crop Protection segment also performed strongly, supported by new product launches and effective market strategies. The company's focus on innovation and customer-centric solutions has been instrumental in driving its financial success.

Corteva stands as one of the leading companies in the agricultural industry due to its innovative solutions, strong market presence, and commitment to helping farmers improve their productivity and sustainability. To understand why Corteva is successful, explore Breaking Down Corteva, Inc. (CTVA) Financial Health: Key Insights for Investors.

Corteva, Inc. (CTVA) Mission Statement

Corteva, Inc. operates with a clear and focused mission statement that drives its strategic objectives and daily operations. While a direct, publicly declared mission statement from Corteva is not readily available, their actions, values, and communications consistently emphasize a core purpose:

To enrich the lives of those who produce and those who consume, ensuring progress for generations to come.

This overarching mission is reflected in Corteva's commitment to innovation, sustainability, and customer focus, all of which contribute to the broader goals of improving agricultural productivity and global food security. Let's explore the key components that underpin this mission:

• Enriching the Lives of Producers: This involves empowering farmers with cutting-edge technologies, sustainable practices, and agronomic expertise to enhance their yields and profitability.
• Enriching the Lives of Consumers: This focuses on ensuring a stable, safe, and nutritious food supply for consumers worldwide, addressing food security challenges.
• Ensuring Progress for Generations to Come: This underscores Corteva's commitment to environmental stewardship and sustainable agriculture, aiming to protect natural resources and promote long-term agricultural viability.

Corteva's dedication to these principles is evident in their strategic initiatives and financial performance. For example, in the fiscal year 2024, Corteva reported net sales of $17.24 billion and a net income of $1.39 billion, reflecting their strong market position and operational efficiency. These figures underscore Corteva's ability to translate its mission into tangible results, benefiting both producers and consumers alike.

Now, let's delve into the core components that define Corteva's mission:

Innovation and Technology

At the heart of Corteva's mission is a relentless pursuit of innovation and technological advancement in agriculture. This commitment is reflected in their substantial investment in research and development (R&D). In 2024, Corteva allocated $1.69 billion to R&D, focusing on developing novel crop protection products, advanced seed technologies, and digital solutions that enhance farm productivity.

Examples of Corteva's innovative solutions include:

• CRISPR-Cas9 Gene Editing: Corteva utilizes this technology to develop crops with enhanced traits such as disease resistance, drought tolerance, and improved nutritional content.
• Digital Agriculture Platforms: Granular, a Corteva company, offers a suite of digital tools that help farmers optimize their operations through data-driven insights and precision agriculture techniques.
• Biologicals: Corteva is expanding its portfolio of biological products, including bio-stimulants and bio-pesticides, which offer sustainable alternatives to traditional chemical inputs.

These innovations not only improve crop yields and reduce input costs for farmers but also contribute to more sustainable agricultural practices by minimizing environmental impact.

Sustainability and Environmental Stewardship

Corteva recognizes the critical importance of environmental stewardship and sustainable agriculture in ensuring long-term food security. Their mission includes a strong emphasis on developing and promoting practices that protect natural resources, reduce greenhouse gas emissions, and enhance biodiversity.

Key sustainability initiatives include:

• Climate Positive Agriculture: Corteva is committed to developing solutions that help farmers reduce their carbon footprint and enhance carbon sequestration in soils.
• Water Stewardship: The company promotes water-efficient irrigation practices and develops drought-tolerant crops to conserve water resources.
• Biodiversity Conservation: Corteva works to protect and enhance biodiversity in agricultural landscapes through initiatives such as pollinator habitat programs and conservation tillage practices.

In line with these efforts, Corteva has set ambitious sustainability goals, including reducing greenhouse gas emissions from its operations by 65% by 2030 and improving water use efficiency in its production processes. These commitments demonstrate Corteva's dedication to creating a more sustainable and resilient agricultural system.

Customer Focus and Collaboration

Corteva places a high priority on building strong relationships with its customers and collaborating with stakeholders across the agricultural value chain. This customer-centric approach is integral to their mission of enriching the lives of producers and consumers.

Examples of Corteva's customer-focused initiatives include:

• Agronomic Support: Corteva provides farmers with expert agronomic advice and support to help them optimize their crop management practices and achieve higher yields.
• Tailored Solutions: The company offers a wide range of products and services tailored to the specific needs of different crops, regions, and farming systems.
• Partnerships and Collaborations: Corteva collaborates with universities, research institutions, and other organizations to advance agricultural knowledge and develop innovative solutions.

By fostering close relationships with its customers and engaging in collaborative partnerships, Corteva ensures that its products and services are aligned with the evolving needs of the agricultural community, ultimately contributing to a more productive and sustainable food system.

Corteva, Inc. (CTVA) Vision Statement of

Corteva, Inc. operates with a clear vision focused on enriching the lives of those who produce and those who consume, ensuring progress for generations to come. This vision encapsulates a commitment to the agricultural community and the broader global population by promoting sustainable and efficient agricultural practices. As of the fiscal year 2024, Corteva reported net sales of $17.2 billion, underscoring its significant impact on the agricultural sector. The company invested $1.4 billion in research and development, demonstrating its dedication to innovation and future growth in agricultural technologies.

Corteva's commitment to enriching the lives of producers is evident through its focus on providing innovative agricultural solutions. These solutions are designed to enhance productivity, increase profitability, and promote sustainable farming practices. In 2024, Corteva introduced several new seed and crop protection products aimed at addressing specific challenges faced by farmers, such as pest resistance and climate variability. For instance, the company's new seed technologies have shown yield improvements of up to 10-15% in field trials. Furthermore, Corteva's digital agriculture platforms provide farmers with data-driven insights to optimize planting, irrigation, and harvesting decisions. These platforms have been adopted by farmers on over 100 million acres globally, reflecting their widespread utility and impact.

• Development of Innovative Products: Investing heavily in R&D to create seeds and crop protection solutions that improve yields and resilience.
• Sustainable Practices: Promoting methods that conserve resources and reduce environmental impact.
• Digital Agriculture: Providing tools and data-driven insights to optimize farming operations.

Corteva's vision extends to consumers by focusing on improving the quality, safety, and accessibility of food. The company supports agricultural practices that enhance the nutritional value of crops and reduce food waste. Corteva collaborates with food processors and retailers to ensure that high-quality ingredients are available to consumers. For example, Corteva's specialty corn varieties are designed to enhance the nutritional content of processed foods, providing consumers with healthier options. Additionally, Corteva supports initiatives aimed at reducing food loss and waste throughout the supply chain. These efforts include developing crop protection products that extend the shelf life of produce and promoting efficient storage and transportation practices. The company's commitment to consumer well-being is reflected in its partnerships with organizations focused on food security and nutrition education.

• Improving Food Quality: Developing crops with enhanced nutritional value.
• Ensuring Food Safety: Implementing rigorous safety standards in crop production.
• Reducing Food Waste: Creating solutions to extend the shelf life of produce and improve supply chain efficiency.

Corteva places a strong emphasis on sustainability and responsible resource management. The company is committed to reducing its environmental footprint and promoting practices that ensure the long-term viability of agriculture. Corteva has set ambitious sustainability goals, including reducing greenhouse gas emissions from its operations by 20% by 2030. The company also invests in technologies that promote soil health, conserve water, and protect biodiversity. Corteva's sustainable farming practices are designed to enhance the resilience of agricultural systems to climate change and other environmental challenges. For instance, the company's no-till farming techniques help to reduce soil erosion and improve water infiltration. Additionally, Corteva supports farmer education programs that promote the adoption of sustainable agricultural practices. These programs empower farmers to make informed decisions that benefit both their livelihoods and the environment.

• Environmental Stewardship: Reducing the environmental impact of agricultural practices.
• Sustainable Resource Management: Conserving water, protecting soil, and promoting biodiversity.
• Long-Term Viability: Ensuring agriculture can thrive for future generations.

For additional insights into Corteva's financial standing, you might find this resource helpful: Breaking Down Corteva, Inc. (CTVA) Financial Health: Key Insights for Investors

Corteva, Inc. (CTVA) Core Values of

Corteva, Inc. operates with a clearly defined mission and a set of core values that guide its actions and strategic decisions. These principles reflect the company's commitment to innovation, sustainability, and creating value for its stakeholders. The core values are deeply embedded in the company's culture and are essential to its long-term success. You can learn more about the company's investors and their motivations by visiting: Exploring Corteva, Inc. (CTVA) Investor Profile: Who’s Buying and Why?

Enriching Lives

Corteva is dedicated to enriching the lives of those who produce and those who consume, ensuring progress for generations to come. This commitment is evident in their approach to developing agricultural solutions that enhance productivity and sustainability. For example, Corteva collaborates with farmers to implement innovative farming practices that not only increase yields but also protect natural resources.

• Corteva Agriscience is working with more than 4,000 rice farmers in Asia and Africa to improve their productivity, profitability, and sustainable farming practices through on-farm training, demonstrations, and digital tools.
• In 2024, Corteva launched several new products designed to help farmers manage pests and diseases more effectively, reducing the need for chemical inputs.

Standing Tall

Corteva emphasizes integrity as a cornerstone of its operations, committing to doing what is right, every time. This value is reflected in the company's ethical business practices and its dedication to transparency and accountability. For instance, Corteva maintains a strict code of conduct that guides employees in making ethical decisions, ensuring that the company operates with the highest standards of integrity.

• Corteva's commitment to integrity is further demonstrated through its robust compliance programs, which are designed to prevent bribery, corruption, and other unethical behaviors.
• In 2024, Corteva conducted over 1,000 internal audits to ensure compliance with its code of conduct and other ethical standards.

Living Safely

Safety is a paramount concern at Corteva, with a focus on protecting people, communities, and the environment. This value is integrated into every aspect of the company's operations, from research and development to manufacturing and distribution. Corteva invests heavily in safety training and equipment to minimize risks and prevent accidents, ensuring a safe working environment for its employees and the communities in which it operates.

• Corteva has implemented a comprehensive safety management system that includes regular risk assessments, safety audits, and employee training programs.
• In 2024, Corteva invested over $20 million in safety-related initiatives, including upgrading safety equipment and providing additional training for employees.

Being Curious

Corteva fosters a culture of curiosity, encouraging employees to explore new ideas and challenge the status quo. This value is essential to driving innovation and developing cutting-edge solutions for the agricultural industry. The company invests in research and development, supporting scientists and engineers who are passionate about discovering new ways to improve crop yields, enhance sustainability, and address the challenges facing farmers around the world.

• Corteva invests approximately $1.5 billion annually in research and development, focusing on developing new seed varieties, crop protection products, and digital solutions.
• In 2024, Corteva launched over 50 new products, including innovative herbicides and insecticides, and drought-tolerant corn hybrids.

Building Together

Corteva recognizes the importance of collaboration and teamwork, working together to achieve common goals. This value is reflected in the company's partnerships with farmers, researchers, and other stakeholders, as well as its emphasis on internal collaboration across different departments and functions. By working together, Corteva can leverage its collective expertise and resources to create value for its customers and shareholders.

• Corteva collaborates with over 100 research institutions and universities around the world to develop new agricultural technologies.
• In 2024, Corteva partnered with several organizations to promote sustainable agriculture practices, including initiatives to reduce greenhouse gas emissions and improve water quality.