Source: Cargill news release

Wayzata, MN - Cargill has been recognized on the Fortune list of America’s Most Innovative Companies 2024. This marks the second consecutive year Cargill has been honored among the 200 companies listed as “transforming industries from the inside out.”

According to Fortune, “Innovation can spark in a multitude of ways: R&D teams who invent new products; efficient processes that pad a company’s bottom line; inspiring leaders who foster brainstorming and collaboration that lead to original creations. And innovation isn’t just a nice-to-have–nearly every company on this list posted revenue growth in the last three years.”

Cargill is leading transformations at a global scale, working with academics, startups, customers and suppliers to address many of the world’s most pressing needs. From feeding a growing population with nutritious options to protecting the planet – the company’s 2,500 R&D experts along with teams around the world are delivering innovations with impact.

“Innovation is the foundation for a better future. We’re reimagining what is possible for food, agriculture and beyond,” said Florian Schattenmann, Cargill’s chief technology officer and vice president of Innovation and Research & Development.

“We are thrilled to receive this recognition. When you have great talent united by a big purpose to nourish the world, it’s amazing the impact you can make along the way. This award is one reflection of the great work our teams do every day to deliver lasting change for our customers, communities and people around the world.”

This prestigious award is presented by Fortune and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 26, 2024, and can be viewed on the Fortune website.

Fortune and Statista selected America’s Most Innovative Companies 2024 based on product innovation, process innovation, and innovation culture. For the evaluation of the innovation culture and the internal view of process innovation, Statista deployed online surveys where employees could score their own company on a scale system.

For the evaluation of the external view of process innovation as well as product innovation, Statista surveyed experts in various fields – from recruiters to management consultants and patent attorneys. For the evaluation of the IP portfolio, Statista cooperated with LexisNexis PatentSight and used its platform to analyze the quantity and value of a company’s patents.

The 200 US companies with the highest score were awarded America’s Most Innovative Companies 2024.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing–today and for generations to come.