Archer Daniels Midland (ADM), Barry Callebaut, Bunge, Cargill, Louis Dreyfus Company, Olam Group and Wilmar International
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Deforestation
- Human Rights
- Gender Equality
- Small-scale producer support
Environmental Achievements
- Four companies (ADM, Barry Callebaut, Bunge, and Louis Dreyfus) have a deforestation commitment aligning with SBTi FLAG guidance.
- Some companies report increased use of biofuels and eco-shipping fuel, and improved processing plant efficiency.
Social Achievements
- Several companies report supporting small-scale producers through training programs and financial assistance.
- Some companies have programs to address supplier non-compliance with environmental and human rights policies.
Governance Achievements
- Most companies report tying senior executive remuneration to the achievement of climate targets.
Climate Goals & Targets
Long-term Goals:
- Net-Zero targets (for some companies, not yet SBTi validated)
Short-term Goals:
- Eliminate deforestation from supply chains by 2025 (for some companies)
Environmental Challenges
- Lack of SBTi-validated 1.5-degree aligned targets for most companies.
- Insufficient financial resource disclosure for decarbonization activities.
- Limited participatory approaches in developing emission reduction plans.
- Inadequate reporting on progress towards deforestation and human rights commitments.
- Lack of commitment to phase out fossil fuels.
- Evidence of lobbying activities conflicting with Paris Agreement goals for some companies.
Mitigation Strategies
- Companies are encouraged to increase the ambition and scope of their climate commitments and ensure implementation throughout their supply chains.
- Companies should make the development of their emission reduction strategies participatory and inclusive.
- Companies should support sourcing models that strengthen small-scale producers’ ability to implement low-carbon, resilient, and regenerative agriculture practices.
- Companies should recognize the unique role of women in the agricultural transition and actively support women’s inclusion in agricultural supply chains.
Supply Chain Management
Responsible Procurement
- Policies for addressing supplier non-compliance (for some companies)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SBTi, CDP, AFi, GHG Protocol
Certifications: RSPO, ISPO, FSC