Про інвестора:
Environmental Compliance
Cargill has a less than exemplary history of environmental compliance. In 1992 the Council on Economic Priorities (CEP) said that the company had the worst environmental record in the agribusiness industry. Cargill’s record was tainted in part by the 1988 spill of 40,000 gallons of phosphoric acid by its Gardinier Inc. subsidiary into the mouth of the Alafia River in Florida. Gardinier agreed to pay a $2 million fine for the accident, which killed a large quantity of fish.
After the CEP’s designation, Cargill claimed to be taking steps to clean up its environmental practices, yet it was fined $121,000 by the U.S. Environmental Protection Agency (EPA) for violations of the Toxic Substances Control Act at its resin plant in Georgia. It also had to contend with legacies of past practices in its industrial as well as its agribusiness operations. In 1995, for example, Cargill and other companies agreed to pay for the cleanup of a Superfund site along with Fox River in Illinois, where toxic chemicals had been dumped for many years.
In 1998 several thousand people had to flee their homes after an explosion at a Cargill fertilizer plant in Maysville, Kentucky where tons of toxic chemicals were stored.
In 2001 North Star Steel, then owned by Cargill, had to apologize and pay $7.7 million to settle allegations that it misled Arizona officials about emissions from the company’s mill near Kingman.
In 2002 Cargill Pork agreed to pay $1.5 million to settle charges that it illegally dumped hog manure at its facility near Martinsburg, Missouri.
Also in 2002, Cargill Salt’s plant in Newark, California spilled more than 30,000 gallons of toxic brine into a canal.
In 2004 a Cargill fertilizer plant in Hillsborough, Florida dumped about 60 million gallons of toxic waste water into a creek that feeds into Tampa Bay. The company later paid a state fine of $270,000 for the incident.
In 2005 Cargill signed an agreement with the U.S. Department of Justice and the EPA settling charges that the company’s plants throughout the country had violated the Clean Air Act. Cargill agreed to pay a fine of $1.6 million and to spend $130 million on pollution reduction.
In 2006 there was a larger spill—some 218,000 gallons—of toxic brine at Cargill’s salt operation in California. It was later fined $228,000 for the incident.
In 2009 Cargill was ordered to pay a fine of $200,000 after pleading guilty to two negligent violations of the Clean Water Act at its meatpacking plant in Fort Morgan, Colorado.
http://www.corp-research.org/cargill