Cargill Joins Chicago Climate Exchange

March 1, 2007

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Global food and agricultural company Cargill has joined the Chicago Climate Exchange. Cargill has commited to achieving a six percent reduction in greenhouse gas emissions at its U.S. operations by 2010, from a baseline of the company’s average greenhouse gas emissions during 1998-2001.

“Cargill is proud to intensify its commitment to environmental stewardship by accepting legally-binding greenhouse gas emission reduction commitments in the United States,” said LaRaye Osborne, Cargill vice president and manager of Environment, Health and Safety. “Our company is already engaged in greenhouse gas cap-and-trade systems around the globe as a regulated entity, a liquidity provider, and a developer of greenhouse gas reduction projects across our value chain. This brings our commitment full circle by engaging our U.S. operations.”

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