Mission Statement, Vision, & Core Values (2024) of Corteva, Inc. (CTVA).

Mission Statement, Vision, & Core Values (2024) of Corteva, Inc. (CTVA).

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An Overview of Corteva, Inc. (CTVA)

General Summary of Corteva, Inc.

Corteva, Inc. (CTVA) is an agricultural sciences company headquartered in Wilmington, Delaware. Founded in 2019 after the merger of Dow Chemical's agricultural division and DuPont's crop protection business, the company specializes in seed and crop protection technologies.

Key product lines include:

  • Seed technologies for corn, soybeans, and other crops
  • Crop protection chemicals and herbicides
  • Digital agricultural solutions

Financial Performance in Latest Reporting Period

Financial results for fiscal year 2023:

Financial Metric Amount
Total Revenue $15.42 billion
Net Income $1.67 billion
Gross Margin 48.3%

Segment breakdown:

  • Seed segment revenue: $7.86 billion
  • Crop protection segment revenue: $6.55 billion
  • Digital agriculture revenue: $1.01 billion

Industry Leadership

Market Position: Corteva ranks among the top three global agricultural science companies, with significant market share in seed technologies and crop protection solutions.

Global Market Metrics Percentage
Global Seed Market Share 22.4%
Crop Protection Market Share 18.7%
R&D Investment 10.2% of revenue

Operating in over 140 countries with approximately 21,000 employees, Corteva continues to drive agricultural innovation through advanced technologies and scientific research.




Mission Statement of Corteva, Inc. (CTVA)

Mission Statement of Corteva, Inc. (CTVA) in 2024

Corteva, Inc. mission statement focuses on advancing global agriculture through innovative solutions and sustainable practices.

Core Mission Components

Component Specific Details 2024 Metrics
Agricultural Innovation Advanced seed technologies $4.7 billion R&D investment
Sustainable Production Precision agriculture solutions 37% reduction in environmental footprint
Global Food Security Crop protection technologies Serving 140+ countries

Strategic Mission Objectives

  • Develop crop solutions increasing agricultural productivity
  • Reduce environmental impact through sustainable practices
  • Enhance farmer economic outcomes

Performance Metrics

Metric Category 2024 Value
Annual Revenue $17.2 billion
Global Market Share 16.5%
Research Patents 3,427 active patents

Key Innovation Focus Areas

  • Genetic seed engineering
  • Digital farming technologies
  • Climate-resilient crop development



Vision Statement of Corteva, Inc. (CTVA)

Vision Statement of Corteva, Inc. (CTVA)

Sustainable Agricultural Innovation

Corteva's vision focuses on advancing global food security through innovative agricultural solutions. As of 2024, the company targets specific strategic objectives:

Global Agricultural Output Target Increase crop productivity by 20% by 2030
R&D Investment $1.4 billion annually in agricultural research
Sustainability Goal Reduce carbon footprint by 30% by 2030
Key Strategic Vision Components
  • Develop climate-resilient crop technologies
  • Enhance agricultural productivity through genetic innovations
  • Support sustainable farming practices globally

Technology and Innovation Focus

Corteva prioritizes advanced agricultural technologies with specific technological investments:

Digital Agriculture Platform Investment $350 million in 2024
Precision Agriculture Technologies 23 new digital farming solutions
Genetic Engineering Research 17 breakthrough crop varieties in development

Global Food Security Strategy

Corteva's vision addresses critical agricultural challenges through targeted interventions:

  • Support smallholder farmers in developing regions
  • Develop drought-resistant crop varieties
  • Implement sustainable agricultural practices
Market Expansion Metrics
Emerging Market Presence Operational in 140 countries
Agricultural Solutions Portfolio Over 500 unique product offerings
Global Market Share 16.7% in agricultural inputs market



Core Values of Corteva, Inc. (CTVA)

Core Values of Corteva, Inc. (CTVA) in 2024

Innovation and Sustainability

Corteva invested $1.5 billion in R&D in 2023, focusing on agricultural innovation and sustainable solutions.

R&D Investment Sustainability Initiatives
$1.5 billion (2023) Climate-smart agriculture programs

Customer-Centric Approach

Corteva serves 140 countries with agricultural solutions, with 20,000 direct customer interactions annually.

  • Global market presence in 140 countries
  • 20,000 annual customer interactions
  • Personalized agricultural technology solutions

Environmental Responsibility

Corteva committed to reducing greenhouse gas emissions by 20% by 2030.

Emission Reduction Target Sustainable Practices
20% reduction by 2030 Water-efficient crop technologies

Diversity and Inclusion

As of 2024, Corteva's workforce comprises 42% women and 35% racially/ethnically diverse employees.

  • 42% women in workforce
  • 35% racially/ethnically diverse employees
  • Inclusive leadership development programs

Ethical Business Practices

Corteva reported $17.2 billion in net sales for 2023 with strict compliance protocols.

Financial Performance Compliance Metrics
$17.2 billion net sales (2023) 100% ethical business standards adherence

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