Amid Strong Demand for Sustainably Sourced Products, ADM Issues Second Annual Report Detailing Global Regenerative Agriculture Efforts and Progress
22 Luglio 2024 - 3:00PM
Business Wire
ADM (NYSE: ADM), a global leader in innovative solutions from
nature, today issued its second annual report detailing its
accelerating global work to advance regenerative agriculture
practices. The comprehensive report includes:
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- Explanations of ADM’s definition, principles and approach to
regenerative agriculture.
- In-depth updates on the company’s regenerative agriculture
programs in four regions: North America, Latin America, Europe and
Asia Pacific.
- Details and examples of how ADM’s work spans the value chain by
connecting thousands of farmers around the globe with technical
assistance partners such as Farmers Business Network, Map of Ag,
American Farmland Trust, Ceres Rural, and Bayer S.A., and
downstream customers like Ooni Pizza Ovens, The J.M. Smucker Co.,
and more.
- Accomplishments and outcomes from 2023, including reducing our
Scope 3 footprint by 310,000 metric tons of CO2e and sequestering
263,700 metric tons of CO2 – equivalent to removing more than
135,000 cars from the road for a year.
- A reiteration of the company’s new, expanded goal of 5 million
acres by 2025, which would have the potential of reducing and
sequestering CO2 equivalent to what would be emitted by powering
125,000 homes for a full year.
“Consumers are demanding more sustainably sourced products, and
farmers know that enhancing soil health and biodiversity, being
more efficient with inputs, and improving carbon intensity are good
for their businesses and critical for their futures,” said Greg
Morris, president of ADM’s Ag Services and Oilseeds business. “It’s
the same for ADM: Regenerative agriculture is a great example of
how we are partnering with growers to support agriculture,
strengthen our global food system and meet growing and evolving
commercial demand while living up to our purpose and building a
brighter tomorrow. This report is an important element of that
work: We believe it’s critical to share our progress in this area,
show our data, and be specific about our goals so our stakeholders
can see what our commitment means and how it translates to real
progress. We’re proud to lead in this space as we continue to
accelerate toward 5 million regenerative acres in 2025.”
ADM has a broad and ambitious approach to regenerative
agriculture, working with partners spanning the value chain. ADM
knows that farmers are stewards of the land, and the company offers
an array of programs that suit all farmers, meeting their varied
needs and empowering each of them in the ways that work best for
their individual situations, including via direct financial
incentives; easy processes and cutting-edge technologies to ensure
low barriers to entry; and a broad range of support and guidance
from both internal and third-party experts.
Simultaneously, retail and CPG leaders understand the urgency of
expanding regenerative agriculture to meet consumer demand, and ADM
is partnering to bring consumer brands together with farmers to
meet those needs.
ADM’s innovative, farmer-centric approach to regenerative
agriculture successfully delivered more than 2.8 million acres in
2023, and has earned honors including positions as finalists in the
2023 Reuters Responsible Business Awards and the 2024 Fast Company
World Changing Ideas Awards. ADM is continuing to accelerate its
efforts, with a 2024 goal of 3.5 million regenerative acres, and a
2025 goal of 5 million.
Read ADM’s full 2024 Regenerative Agriculture Report here.
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re an essential global agricultural supply chain manager and
processor, providing food security by connecting local needs with
global capabilities. We’re a premier human and animal nutrition
provider, offering one of the industry’s broadest portfolios of
ingredients and solutions from nature. We’re a trailblazer in
health and well-being, with an industry-leading range of products
for consumers looking for new ways to live healthier lives. We’re a
cutting-edge innovator, guiding the way to a future of new consumer
and industrial solutions. And we're a leader in sustainability,
scaling across entire value chains to help decarbonize the multiple
industries we serve. Around the globe, our innovation and expertise
are meeting critical needs while nourishing quality of life and
supporting a healthier planet. Learn more at www.adm.com.
Source: Corporate Release Source: ADM
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version on businesswire.com: https://www.businesswire.com/news/home/20240722862346/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
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