adm Group
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:400,789.83 tCO2e/year
Carbon Intensity:829.6 tCO2e per Million EUR revenue (FY2022)
ESG Focus Areas
- Climate Change
- Diversity, Equity, and Inclusion (DEI)
- Responsible Sourcing
- Employee Well-being
- Supply Chain Sustainability
Environmental Achievements
- 13% reduction in GHG emissions from 2021 baseline
- Achieved a B rating from CDP (up from C in 2021)
- Achieved a Platinum rating from EcoVadis for the third consecutive year (Environment pillar scored 90/100)
- Developed a Green Design Tool to assess product sustainability
Social Achievements
- Expanded the "Live Well" employee well-being program
- Initiated a gap analysis to become a Certified Living Wage employer by 2025 (expected completion by end of 2023)
- Conducted Worker Well-being assessments in APAC
- Participated in UN Global Compact Target Gender Equality training and Business and Human Rights Accelerator program
- Co-led AIMP APAC
Governance Achievements
- Appointed a Chief Sustainability Officer (CSO) reporting directly to the Group CEO
- Established financial incentivization for all employees related to key sustainability metrics
- Developed a Climate Risk Committee
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050
- 100% reusable, recyclable or certified compostable packaging by 2030
- 100% reusable, recyclable or certified compostable plastic for all items by 2030
Medium-term Goals:
- Achieve 90% reduction of absolute Scopes 1, 2, and 3 GHG emissions by 2040
- 95% FSC, SFI or PEFC-certified material for print items by 2025
- 15% of adm annual spend placed with small, inclusive, and diverse business suppliers by 2025
- Over 90% of spend placed with suppliers with valid social audits by 2025
Short-term Goals:
- Achieve 50% reduction of absolute Scopes 1, 2, and 3 GHG emissions by 2030
- Become a Certified Living Wage employer by 2025
- Achieve 40% female representation across Global Leadership Team by 2025
- 50% of strategic print suppliers covered by renewable energy by late 2024
Environmental Challenges
- Global inflation
- Supply chain challenges
- Climate change
- Balancing growth with social and environmental impact
- Cost sensitivity of sustainable materials and processes
- Supply chain disruptions due to the pandemic
Mitigation Strategies
- Investment in new technologies and partnerships (e.g., Green Design Tool, Anthesis)
- Development of science-based targets (submitted to SBTi)
- Implementation of a carbon reduction strategy
- Financial incentivization of employees for emissions reduction
- Focus on sustainable design and procurement practices
- Engagement with suppliers on renewable energy adoption
- Development of a robust risk management process with the Climate Risk Committee
Supply Chain Management
Supplier Audits: 83.7% of spend with suppliers with valid social audits (as of Dec 31, 2022)
Responsible Procurement
- Supplier Code of Conduct
- Sustainable procurement trainings
- EcoVadis and Sedex platforms for audit compliance
- Solidarity Sourcing program with L'Oréal
- Focus on diverse and small suppliers
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards
Third-party Assurance: 3rd party verified as per ISO 14064-1:2018 Inventory Standard
UN Sustainable Development Goals
- SDG 5: Gender Equality
- SDG 7: Affordable and Clean Energy
- SDG 8: Decent Work and Economic Growth
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
Initiatives related to DEI, renewable energy, living wages, sustainable design, and emissions reduction
Sustainable Products & Innovation
- Products made from waste and recycled materials
- Products with reduced carbon footprint and water usage
Awards & Recognition
- Platinum rating from EcoVadis