As Sustainability Work Accelerates, ADM Issues First Annual Report on Regenerative Agriculture
29 Novembre 2023 - 3:00PM
Business Wire
Comprehensive report highlights definitions, accomplishments and
progress toward ambitious global regenerative agriculture goals
ADM (NYSE:ADM), a global leader in sustainable agriculture
supply chains, today issued its inaugural annual Regenerative
Agriculture Report. The report includes a broad range of detailed
information on ADM’s global regenerative agriculture efforts,
including:
- How ADM defines and approaches regenerative agriculture in
multiple regions around the globe
- The company’s enrollments to date, including more than 1
million acres in 2022 and approaching 2 million as of November 1,
2023
- Outcomes, including the sequestration of 115,500 metric tons of
CO2 and reduction of CO2e emissions by 253,000 metric tons in 2022
— equivalent to removing more than 80,000 cars from the road for
one year
- The company’s goal of 4 million enrolled acres by 2025, with
the potential of reducing and sequestering CO2 equivalent to what
would be emitted by powering 100,000 homes for a full year
“As we continue to accelerate our industry-leading global
regenerative agriculture program, we believe it is important to
report on our progress,” said Greg Morris, president of ADM’s Ag
Services & Oilseeds business. “This work is critical to our
company and to our planet. We’re proud of our progress, and we’re
excited to continue to expand our efforts around the globe.”
ADM’s principles of regenerative agriculture are based on
Indigenous ways of land management and are adaptive to local
physical conditions and culture. These principles include:
- Minimizing soil disturbance
- Maintaining living roots in soil
- Continuously covering bare soil
- Maximizing diversity with emphasis on crops, soil microbes and
pollinators
- Responsibly managing inputs including nutrients and
pesticides
ADM offers unparalleled capabilities to create value for the
entire value chain by partnering to implement and scale
regenerative agriculture, working with downstream customers like
PepsiCo, Nestlé and Carlsberg; technology partners like Farmers
Business Network; and conservation
organizations like Practical Farmers of Iowa, Ducks Unlimited and
American Farmland Trust. In addition, ADM participates in industry
initiatives and coalitions such as Field to Market, Cool Farm
Alliance and Sustainable Agriculture Initiative; works with
partners like the National Black Growers Council to support
underserved segments of the industry; and leverages funding
opportunities to bring more value to farmers, such as through the
National Fish and Wildlife Foundation as well as participation in
USDA’s Partnership for Climate Smart Commodities. ADM’s
regenerative agriculture programs feature direct financial support
for farmers; 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.
Earlier this month, ADM issued “Farming for the Future: The
State of Regenerative Agriculture Program Adoption”, a report with
new survey data reaffirming the promise and potential of
regenerative agriculture practices to help meet growing consumer
demand for sustainably sourced products while building business
resilience for the companies that meet those needs. And just last
week, ADM announced the launch of its regenerative agriculture
program in Brazil, which is targeting 300,000 acres by 2027.
ADM’s regenerative agriculture work will be a focus of its
presence at this year’s COP28 in Dubai, where the company will be
partnering with the World Climate Foundation to host a panel
exploring the role and importance of cross-sector action and
investment in catalyzing the futureproofing of agriculture and food
systems. ADM will also be featuring regenerative agriculture on the
COP Presidency Stage on December 4.
Read ADM’s full 2023 Regenerative Agriculture report here.
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re a premier global human and animal nutrition company,
delivering solutions today with an eye to the future. We’re blazing
new trails in health and well-being as our scientists develop
groundbreaking products to support healthier living. We’re a
cutting-edge innovator leading the way to a new future of
plant-based consumer and industrial solutions to replace
petroleum-based products. We’re an unmatched agricultural supply
chain manager and processor, providing food security by connecting
local needs with global capabilities. And we’re a leader in
sustainability, scaling across entire value chains to help
decarbonize our industry and safeguard our planet. From the seed of
the idea to the outcome of the solution, we give customers an edge
in solving the nutritional and sustainability challenges of today
and tomorrow. Learn more at www.adm.com.
Source: ADM Source: Corporate Release
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231129882174/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
Archer Daniels Midland (NYSE:ADM)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Archer Daniels Midland (NYSE:ADM)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024