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Corporate Social Responsibility
News
10.08.2007 - 02:01pm ET
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Dole Announces that it Will Discontinue the Use of Paraquat in its Agricultural Operations
(CSRwire) WESTLAKE VILLAGE, CA - October 8, 2007 - Dole announced today that it is
discontinuing the use of paraquat in its agricultural operations
worldwide, by implementing an immediate phase-out program except in Costa
Rica for Dole's pineapple operations where the targeted phase-out program
extends to June 30, 2008. During the Costa Rica phase-out program, Dole
will continue its practice of applying paraquat-containing herbicides only
through mechanized equipment such as boom spray devices under supervised
conditions.
"Dole's implementation of this phase-out program responds to developing
marketplace conditions in Europe and elsewhere regarding the use of this
herbicide, while also balancing needed compliance with the local
regulatory requirements." stated David DeLorenzo, President and Chief
Executive Officer of Dole Food Company, Inc.
Dole Food Company, Inc., with 2006 revenues of $6.2 billion, is the
world's largest producer and marketer of high-quality fresh fruit, fresh
vegetables and fresh-cut flowers. Dole markets a growing line of packaged
foods and frozen fruit and is a produce industry leader in nutrition
education and research.
This release contains "forward-looking statements," within the meaning of
the Private Securities Litigation Reform Act of 1995 that involve a number
of risks and uncertainties. Forward looking statements, which are based on
management's current expectations, are generally identifiable by the use
of terms such as "may," "will," "expects," "believes," "intends" and
similar expressions. The potential risks and uncertainties that could
cause actual results to differ materially from those expressed or implied
herein include weather-related phenomena; market responses to industry
volume pressures; product and raw materials supplies and pricing; changes
in interest and currency exchange rates; economic crises and security
risks in developing countries; international conflict; and quotas, tariffs
and other governmental actions. Further information on the factors that
could affect Dole's financial results is included in its SEC filings,
including its Annual Report on Form 10-K.
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