DuPont CEO Provides Point of View on Global Food Security at World Economic
Kullman Highlights Company's Success with Offerings across the Full Value
DAVOS, Switzerland, Jan. 23, 2014 (GLOBE NEWSWIRE) -- via PRWEB - DuPont Chair
and Chief Executive Officer Ellen Kullman participated in a panel discussion
at the World Economic Forum Annual Meeting here today to discuss what
environmental, societal and economic forces are reshaping the global context
for food security.
The panel, moderated by Administrator of USAID Rajiv J. Shah, also featured
Prime Minister of Ethiopia Hailemariam Desalegn; Director-General of
International Food Policy Research Institute (IFPRI) Shenggen Fan; Chairman of
Bharat Krishak Samaj Ajay Vir Jakhar; and Group Chief Executive Officer of
Swiss Reinsurance Company Ltd. Michel M. Liès. The discussion focused on
changing climate and weather patterns, addressing demands of an emerging
global middle class and strengthening efficient agricultural value chains.
"Food security is a global challenge where DuPont is using its scientific
capabilities to address. We have transformed our portfolio to put greater
emphasis on delivering higher growth, higher value offerings for the
agriculture and nutrition industries," Kullman said. "DuPont has a unique
vantage point on food security because we have innovations across the full
value chain, allowing us to holistically address the challenge of feeding the
growing global population. Improving agricultural productivity, providing food
and nutrition solutions and finding ways to protect food and reduce waste are
all part of our strategy."
"We expect 2 billion more people by 2050 – mainly in Sub-Saharan Africa, South
and Southeast Asia – where the majority of the more than 850 million
chronically malnourished population live. Agricultural production will
increase, but we need to accelerate progress locally and increase focus on
economic development. This will enable such things as affordability to import
food, improve trade policy, better enable the free flow of food, build
agricultural food systems and value chains, develop new way to improve shelf
life as well as the freshness and variety of foods available, and provide
nutrition education to encourage healthy eating as incomes rise."
Kullman said the company's strategy has enabled DuPont to focus on innovative
technologies and collaborations to understand and adapt to changing growing
conditions globally. There have been a variety of public/private partnerships
that indicate willingness to collaborate across sectors for impact – including
a growing collaboration between DuPont and USAID in Africa. This partnership
aims to enhance incomes of more than 35,000 smallholder maize farmers and
scale up network for seed distribution in 3 years.
Kullman also announced that building from successful individual Memorandum of
Understanding (MOU) agreements for projects in Ghana and Ethiopia, DuPont has
signed an MOU with USAID to reduce global hunger and poverty by enabling
smallholder farmers access to proven, safe and transformative agricultural
The session was on the record and webcasted live at
http://new.livestream.com/wef and http://wef.ch/am14. The official hashtags
for this event include #WEF14, #foodsecurity, #dupont_news.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the
global marketplace in the form of innovative products, materials, and services
since 1802. The company believes that by collaborating with customers,
governments, NGOs, and thought leaders we can help find solutions to such
global challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its commitment to
inclusive innovation, please visit http://www.dupont.com.
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