ADM Details GHG Reductions, Regenerative Agriculture, No-Conversion Commitment Among Accomplishments and Objectives in 2023 Corporate Sustainability Report
“ADM’s global team of 42,000 colleagues once again delivered on a broad range of sustainability accomplishments in 2023,” said Board Chair and CEO
The report details activities spanning three core focus areas: Feeding the World, Protecting Nature and Enriching Lives.
Feeding the World
Supporting the global food system is at the core of ADM’s business: Every day, the company uses its unmatched global asset base, unparalleled product portfolio, and indispensable expertise to ensure it is meeting global nutritional needs. ADM’s 2023 Corporate Sustainability Report details how the company is:
- Working to increase and improve food access worldwide, including through its Sustainable Affordable Nutrition program, which provides high-quality, lower-cost ingredients to improve global access to nutrition;
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Partnering with nonprofits, such as
Concern Worldwide , which in 2023 helped improve food security and nutrition for more than 15,500 farmers in Tana River County,Kenya ; and - Improving food quality and safety, including via its 315 Global Food Safety Initiative (GFSI)-certified sites.
Protecting Nature
- Continuing progress on ADM’s ambitious greenhouse gas reduction commitments, with reductions in Scope 1+2 and Scope 3 emissions over baseline by 14.7% and 7.7% respectively;
- Expanding the company’s global regenerative agriculture program, with more than 2.8 million acres in 2023 that sequestered 263,700 metric tons of CO2 and emitted 310,000 fewer metric tons of Co2e;
- ADM’s new goal for all of our direct supply chains to be free of conversion of primary native vegetation in defined high-risk areas by 2025, and indirect supply chains by 2027; and
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The company’s support of the
EO Wilson Biodiversity Foundation to champion research and education that will inspire next-generation innovation in conservation science.
Enriching Lives
From philanthropic work, to an unwavering commitment to human rights, to continued focus on fostering a workforce that encompasses diverse backgrounds, experiences and perspectives,
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Supporting sustainability, food security and health and well-being through more than
$20 million in giving via the company's corporate social investment program,ADM Cares; - Continuing to activate and advance new ways to build, strengthen and support an inclusive culture that cultivates innovation and growth, including the continued expansion of employee resource groups; and
- Receiving recognition as a Financial Times Diversity Leader, being named for the 4th straight year in Ethisphere’s World’s Most Ethical Companies list, and inclusion for the 15th year on FORTUNE Magazine’s World’s Most Admired Companies List.
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