CORN PRODUCTS INTERNATIONAL
2011 Sustainability Update

Our Sustainability Strategy in Action

Mission Corn Products’ sustainability programis designed to develop a better business and build
a better world by incorporating and encouraging
sustainable practices which benefit our people,
planet, and products, and promote prosperity inthe communities in which we operate. Our six
core values of Safety, Quality, Integrity, Respect,
Excellence and Innovation lie at the heart ofeverything we do. Our Polices on BusinessConduct and our sustainability program provide
guiding principles for our employees. It is throughour commitment to maintaining these high moral
and ethical standards that we continue to build
on our success and add value for our employees,
customers, stakeholders and communities.

Chairman’s Message

To Our Stakeholders Our 2011 Sustainability Updatemarks an important step in our evolution toward worldclass performance. The update is both a culmination of
decades of very good work by our company and a viewof where we are headed in the future.
Sustainability, broadly defined, is important toCorn Products, to our employees and to the communities
in which we operate. We are committed to a businessmodel that yields good returns for our shareholders overthe long term but also treats people and the environment with great respect.
While Corn Products has a long, proud history ofsustainability in a wide variety of forms, in the past
year we have taken steps to more clearly codify, alignand direct our efforts on a global basis.
The first step in our vision was to appoint a

Our sustainability agenda is supported by and built

dedicated Sustainability Council. This Council is aon the core values of the company: Safety, Quality,

global, cross-functional team that has done yeomen’s

Integrity, Respect, Excellence and Innovation. These

work organizing business leaders and developing avalues guide all of our actions.

clear plan for the future. Given its importance to the

In closing, I would like to thank our employees

company, we have added a Sustainability categoryaround the world for their ongoing commitment toto our annual CEO awards.

sustainability and for taking time beyond their normal

To help communicate our efforts and the resulting

work to improve and give back to their communities.

well-rounded and robust initiatives, we have organizedThanks also to the wonderful communities in which

our sustainability agenda around four “P’s”: People,

we operate; they provide us with so much and it isPlanet, Products, and Prosperity.Taken together, they

our responsibility to reciprocate appropriately.

offer a practical means for developing plans, organizing initiatives and assessing results.
In this update, we delve into the specifics of thatagenda. You will read about and see examples of the

I look forward to another successful year forCorn Products, our employees and our communities
and to updating our stakeholders about our ongoingcommitment to sustainability in the future.

good efforts already underway, and better understand
how we are approaching the future. From improving
our already robust safety culture to building local parks
to reducing our impact on the environment, I think you
will find an impressive and far-reaching story in the

Ilene S. Gordon

pages that follow.

Chairman, CEO and President

C O R N P R O D U C T S I N T E R N AT I O N A L

1Our Commitment to People We are dedicated to the protection of
our employees, our business associates and the communities in which we operate. We accomplish thisby operating a world-class safety program across our corporation. We are engaged in programs to assess
our organization using recognized social accountability protocols and strive to support our customers andstakeholders as they make similar assessments across their supply chains. And we continue to be good
corporate neighbors by proactively supporting the communities in which we operate.

Lost Time
Incidence Rate

1.02

0.30
0.68

0.21

Total Recordable
Incidence Rate

-

33

%

TOTAL RECORDABLE INCIDENCE RATEReduction in 2011 versus 2010
’10

’11

’10

’11

Safety Safety is one of our core values.

to participate in the Sedex program and will continue

Our commitment to creating a world-classto annually evaluate where we have opportunities

safety program is reflected in how weto make improvements in our manufacturing processes

engage our employees and in our impressive 2011and procedures.

safety performance.
To help make safety the top objective of all

Community Relations Being a good corporate

employees, the Safety Pledge was introduced in 2011.

neighbor and supporting the communities in which

The Pledge embodies our philosophy and commitment

we do business is an important part of our culture. In

to achieving world-class safety performance. Each and2011, Corn Products’ worldwide facilities engaged inevery employee around the world, from plant worker

over 150 community relations activities representing

to office administrator, was asked to sign the Pledge

more than 10,000 volunteer hours.

marking their personal commitment to safety. Thesesigned Pledges are displayed throughout our facilities
as a constant reminder that safety is at the foundationof all that we do.
Dedication to safety is more than a philosophy atCorn Products however; it is also reflected in our safety
performance. In early 2011, as part of our drive to

Selected 2011 community outreach project highlights:• Providing fish to help stock the local river and support
the food supply in Ban Khao Din, Thailand.
• Building a home for a needy family with Habitat for
Humanity in Indianapolis, Indiana.
• Sponsoring visits from local university students,
supporting school science fairs, and educationaleliminate accidents, we established goals to improve

activities in Baradero and Chacabuco, Argentina.

our safety record over 2010’s performance. As a result,• Employees from our Sydney, Australia facility volun-

the Company reduced its Total Recordable Incidence

teered to support the Exodus Foundation throughRate by 33 percent (from 1.02 to 0.68) and its Lost

activities such as feeding the homeless and assisting

Time Incidence Rate by 30 percent (from 0.30 to 0.21).
Results like these position Corn Products as an industry
leader in safety.

school children with literacy skills.
• Our San Juan del Rio plant was presented a MeritAward in Corporate Social Responsibility from Mexico’s
Secretary of Sustainable Development for its exemplary

Social Accountability Respect is another of

ethical, social and environmental performance and its

Corn Products’ core values. We strive to maintaincommitment to the local community.

a culture where we treat one another with dignity.
To this end, in 2012 we will be adopting the Social

People Development At Corn Products, we recognize

Accountability International’s SA8000 standard intothat it is our people that make us great. For this reason,

our Human Resources practices. This standard pro-supporting the development and professional growthvides a framework for continuous improvement andof our employees is critical to our long-term success.

supports our core value of respect.

In 2011, we introduced the Achieve system across ourAdditionally, many of our manufacturing facilities

global operations. A comprehensive performance man-

have registered with Sedex – the Supplier Ethicalagement system, the Achieve program sets performance

Data Exchange – to help provide information about

objectives for our employees, and provides a platform

our operations, policies and practices. We are proud

for assessing success factors that empower our
employees to reach their potential.

C O R N P R O D U C T S I N T E R N AT I O N A L

3

Our Commitment to Planet We are dedicated to being stewardsof the environment. We achieve this with our global environmental management system and operating
standards that help us manage our facilities and deepen our understanding of our operations. We strive
to continuously improve our processes and foster an environment where employees are encouraged tomake personal efforts toward sustainable living, both at work and in the communities in which they live.

Our facility in Cabo, Brazil is one ofseveral Corn Products plants that is
ISO 14001 certified.

54%

ISO 140 01 CERTIFICATION

Manufacturing sites in 2011

Environmental Stewardship Our efforts

Safety Management System (ESMS). Composedto create a better planet are evidenced byof a series of standards and guidelines, the ESMS

our many accomplishments and the contri-

sets the tone by establishing stringent environmen-

butions we are making around the world. Operating in

tal and safety standards at our sites. In many

accordance with applicable environmental regulations iscases, our standards exceed the requirements

an expectation, not simply an aspiration, for our facilities.

of the local regulations.

Corn Products actively encourages all of our locations

As part of our efforts to continually refine andto engage in environmental stewardship activities that

improve our systems, the ESMS is reviewed on anwill benefit the local community and bring greater

annual basis and revised as necessary. Each year anenvironmental awareness to our employees. We rec-updated manual is issued across our business, andognize that water management and carbon emissions

employees are educated about any new requirements.

are important concerns for the planet and our industry

In addition to these reviews, all manufacturing loca-

and we have an evolving environmental stewardshiptions are routinely assessed relative to our standards

agenda to address these issues.

with action promptly taken to evaluate and address

Selected 2011 environmental program highlights:• Our Hamburg, Germany plant is one of several

any issues that may be detected.
Our ESMS provides a great foundation for thoseCorn Products facilities that has diverted over 99 per-sites that have chosen to further their efforts and obtaincent of its waste from landfills by focusing primarily

ISO 14001 certification, the environmental manage-

on reuse and recycling opportunities.

ment standard accreditation. Fifty-four percent of all• Our affiliate in Pakistan received the Annual

Corn Products global manufacturing locations have

Environmental Excellence Award from the local

received this qualification, including our Cornwala,

government for its work in planting trees and plants

Pakistan facility which received its ISO 14001 certifi-

to promote facility and public green space, and tocation in 2011.

reduce water consumption as well as improve sitewater discharge quality.

External Benchmarking We understand that in order• Our Sikhiu, Thailand plant received the Environmental

to advance, it is important to benchmark against other

Good Governance award from the Department ofcompanies and organizations to gain insight into how

Industrial Works for the implementation of their project

others perceive and pursue world-class environmental

to reduce effluent and to support local farmers.

performance. By invitation last year, Corn Products• At the company’s flagship Argo plant in Bedford Park,

joined the Cambridge Natural Capital Leaders Platform.

Illinois, the Argo Energy Leadership Team continues to

As part of this group, we look at the externalities –develop energy and water conservation systems thatthe hidden impacts and costs – associated with thedeliver year-on-year utility reductions.

production and usage of corn and water. Opportunities
such as these help to broaden our perspectives andManagement Systems Since the late 1990’s,

inform our actions regarding the usage of the planet’s

Corn Products’ global operations have conductednatural resources which will ultimately lead to morebusiness under the company’s Environmental andefficient production solutions.

C O R N P R O D U C T S I N T E R N AT I O N A L

5

Our Commitment to Products We are dedicated to producing
high-quality ingredients while relentlessly pursuing innovative new products that deliver value for ourcustomers and our shareholders. We continually work to improve our product offerings and raw materialbase while incorporating sustainable considerations into our innovation pipeline. We are persistent in
our food security efforts and we support growers’ efforts toward sustainable agriculture for the efficient
production of farm-grown raw materials.

6 C O R N P R O D U C T S I N T E R N AT I O N A L

Enliten ® zero-calorie, high-intensity,
natural sweetener for beverages, bakery,dairy and confections.

Product Innovation Innovation is at theimportance to our stakeholders. It is our policy to provide

heart of our business strategy. We are pas-

products and services that fulfill agreed-to customer

sionate about finding innovative starch andrequirements and meet applicable governmental stan-sweetener ingredient solutions to satisfy customer

dards. As the demand for ingredients with high foodneeds and capitalize on important market trends.

security standards increases simultaneously with grow-Derived from a variety of raw materials, our extensive

ing expectations of accountability for ethical, social andproduct portfolio meets an array of needs, ranging

environmental considerations, the link between quality

from sweetness control, flavor, mouth-feel, and calorie

and sustainability becomes increasingly important. Corn

reduction in food products to adhesive strength, sheen,

Products has implemented a number of programs inand viscosity in paper and corrugated board. Our healthsupport of this link.

and wellness ingredients include prebiotics, inulin fibers,
plant-derived calcium and minerals, and polyol sweet-

Selected 2011 quality and food security program
highlights:

eners for low- and no-sugar foods. From feeding people• The formation of a Global Quality Council.

around the world to offering health and wellness options,• The update of our corporate Quality Management

Corn Products is committed to providing leading inno-

System, which governs the activities of our locations

vative solutions that are on-trend.

around the world.

Selected 2011 product innovation highlights:• The opening of our new Stevia plant in Brazil to

Sustainable Agriculture Corn Products supports

produce Enliten® high-intensity sweetener, a zero-

agricultural practices that promote long-term sustain-

calorie, naturally-derived ingredient.

ability. To that end, we seek to encourage the efficient• Our Hi-Maize® resistant starches received a positive

use of natural resources in farming, oppose the use ofopinion substantiating health claims of type-2 resistantchild labor in accordance with local laws and globallystarch from high amylose maize from the European

accepted standards, and seek to promote economic

Food Safety Authority.

well-being in the communities in which we do business.

In addition to innovative food ingredient solutions,
Corn Products also offers high-quality renewable,

Selected 2011 sustainable agriculture program
highlights:

sustainable and vegetable-based alternatives to chemi-• Our Argo, Illinois and Indianapolis, Indiana operations

cal-based ingredients in personal care items such as

donated grain rescue tubes to help local emergency

lotions, baby powder, make-up and shampoos. Our

responders rescue farm workers who may become

green solutions products replace petroleum-derived

trapped in grain silos.

synthetic plastics with compostable plant-based alterna-• Since 1991, our Brazilian operations have sponsoredtives. These products, made of our modified starches,

the PROSEM Seed Program, in which we financecan improve the sustainable content of finished prod-

seed and fertilizer purchases for producers and provide

ucts and may be used in applications such as urethanethem with free support from agronomists and agricul-

foams, vinyl flooring and laundry detergent.

tural technicians.
• In Kenya, we have worked extensively with local

Quality and Food Security For over 100 years,

government, co-operatives, and individual farmers toCorn Products has been supplying our customers withimprove farming methods and yields with the objective

quality ingredients – and sustaining this legacy is of vitalof helping the local farmers become more self-sufficient.

C O R N P R O D U C T S I N T E R N AT I O N A L

7

Our Commitment to Prosperity We are dedicated to enhancing
the prosperity of our people, customers and local communities. We accomplish this through adherence toour robust governance policies that drive high ethical practices across our global enterprise. We promotephilanthropic efforts both at the corporate and individual employee level and continue to optimize ourmanufacturing operations through programs that promote continuous improvement.

8

C O R N P R O D U C T S I N T E R N AT I O N A L

Corn Products awarded 31 college
scholarships and 13 merit awards tochildren of Corn Products’ employees
in 12 different countries.

$1.125m
CHARITABLE AND COMMUNITYCONTRIBUTIONS

Dollars donated by Corn Products in 2011

Governance At Corn Products, we strive

Operational Excellence and Continuous Improvement

to create a business of the highest integrity.

Operational Excellence is a philosophy of leadership,

Our success is built on a foundation of

teamwork, and problem solving focused on the needs

observing high moral and ethical standards and adher-of the customer, on empowering employees, and on opti-

ence to the laws and regulations that affect our business.

mizing existing activities. Our Continuous Improvement

This is reflected in our Values and Policies on BusinessInitiative consists of: Processing Expertise, Best

Conduct, which are applicable to our operations andPractices Continuous Improvement Teams and Lean

employees worldwide. Governance is how we main-

Six Sigma. These teams focus on areas such as energy

tain our strong commitment to integrity – one of ourand water reduction.

core values – which is integral to conducting businessin a fair and respectful manner around the world.

Selected 2011 operational excellence and continuous
improvement highlights:• The formation of a multi-functional, multi-regional

Philanthropy Giving back to our communities positively

Operational Excellence Leadership Team which drives

impacts our world and is an important aspect of the

improvement practices in a variety of functions acrossCorn Products culture. In 2011, the Company donatedour operations.

$1.125 million to charitable causes and community• The development of regional strategies to train Six

relations. Our corporate giving policy also encourages

Sigma Black Belts, Green Belts and Yellow Belts toemployee philanthropy – in the U.S., the Company

facilitate lean Six Sigma thinking and improvements.

matches employee donations at a rate of 2-to-1 up• Our Cali, Colombia facility was given the Total Productive

to a maximum total annual contribution of $5,000 per

Maintenance Excellence Award by the Japan Instituteemployee/board director. Additionally, the Company

of Plant Maintenance. Programs like this have led tosupports and encourages community relations efforts

increases in operational efficiency at the site andthat focus on volunteerism.

equipment up-time.

Selected 2011 charitable giving highlights:• Our annual Ingredients for Hope campaign, which

Global Presence Corn Products operates inpromotes charitable giving by our employees in theapproximately 40 countries around the world andUnited States, raised over $150,226 in 2011. Employees

supplies ingredient solutions to customers in over

could choose to allocate their donation to one of seven

60 diverse industries. Our global presence makes us aorganizations such as the United Way.

stakeholder in many countries. We actively participate• Corn Products’ Scholarship and Merit Award Programin key customer sustainability initiatives and seek toprovided 31 college scholarships and 13 merit awards

engage our key suppliers in such initiatives. Promot-

to children of Corn Products’ employees in 12 different

ing acceptable working conditions, environmentallycountries in 2011.

responsible management and ethical behavior are• Employees in the Corn Products Tokyo office raised

important parts of a sustainability commitment.

funds in support of the Tohoku Rainbow House, a charity

Through our dedication to safety, community relations,that provides assistance to children orphaned by theenvironmental stewardship and innovative product2011 Tohoku earthquake and tsunami.

development, we strive not only to better our business,• Employees at our corporate headquarters and Argo
plant raised more than $26,000 for the American Heartbut to promote overall prosperity in the communities
in which we operate.

Association through their participation in the Chicago
Heart Walk.

C O R N P R O D U C T S I N T E R N AT I O N A L

9This entire report was printed on recycled paper that
contains 30% post-consumer waste. The paper was
made using renewable wind power, is Green Seal
certified and acid-free. UniqueActive LLC, an FSCcertified printer, released almost no VOC emissions
into the atmosphere. UniqueActive also recycles allof the plates, waste paper and unused inks, further
reducing the carbon footprint.

CORN PRODUCTS INTERNATIONAL

5 Westbrook Corporate Center, Westchester, IL 60154
708.551.2600 www.cornproducts.com