ADM Announces Sustainability Goals

127
ADM's new logo. Courtesy of ADM.

Chicago, IL—ADM has announced in a press release a plan to reduce its absolute greenhouse gas emissions by 25% and its energy intensity by 15% by 2035.

The goals follow ADM’s original “15×20” plan, unveiled in 2011, in which the company committed to per-unit improvements in energy use, greenhouse gas emissions, water, and waste to landfill by 2020. The company met the goals ahead of schedule, and then engaged WSP Global to conduct an in-depth feasibility study to help shape a new set of climate change commitments. WSP’s study identified several pathways, including:

  • Purchasing renewable electricity
  • Increasing use of biomass fuels
  • Transportation fleet changes
  • Equipment changes in some locations

Juan Luciano, CEO of ADM, said in the release: “Every single day, ADM is focused on keeping its employees healthy and safe while simultaneously ensuring we are continuing to support the world’s food supply. At the same time, we believe it remains vitally important that we continue to plan for the future and remain good long-term stewards of our company and our planet. We know that the health of our natural resources is critical to our future. Consumers around the world know it as well, and they are making it clear that they expect their food and drink to come from sustainable ingredients, produced by companies that share their values. We care deeply about our partners, our customers, our employees, our shareholders, and the planet, and that is why we are setting these ambitious emissions and energy goals for ourselves. Our future will be stronger for these goals.”

Related: ADM Reports Quarterly Results and Plant-Protein Trends
Sustainable Business: Serving a Worthy Purpose
ADM Named a “Most Admired Company” by Fortune

These goals are just one part of ADM’s plan to “pave the way on sustainability,” the release notes. In 2019, ADM formed a committee on Sustainability and Corporate Responsibility to offer guidance, leadership, and oversight for its sustainability and corporate citizenship efforts. The payoff: In December, ADM was shortlisted as a Sustainability Champion by the Food Ingredients Innovation Awards for its work promoting and supporting sustainable agricultural practices among more than 12,000 smallholder farmers in Brazil and Paraguay.

LEAVE A REPLY

Please enter your comment!
Please enter your name here