Archer Daniels Midland Company (ADM)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Regenerative Agriculture
- Climate Change
- Soil Health
- Biodiversity
- Water Quality
Environmental Achievements
- Enrolled more than 1 million North American acres in regenerative agriculture programs in 2022.
- Reduced CO2e emissions by 253,000 MT in North America in 2022 compared to the benchmark.
- Sequestered 115,500 MT of CO2 in North America in 2022 according to USDA’s COMET Planner.
- More than 115,000 metric tons of CO2e sequestered across more than 230,000 cover crop acres in PepsiCo partnership (equivalent to removing almost 26,000 gasoline-powered passenger vehicles from the road for a year).
- Sequestered more than 3,800 metric tons of CO2e in DiGiorno partnership (equivalent to taking nearly 850 gas-powered cars off the road for one year).
Social Achievements
- Supported farmers with 110 farmer meetings and field days, almost 1,400 in-person consultations, approximately 6,000 phone consultations, and more than 11,500 views of ADM’s re:generations™ web pages in North America since 2022.
- Launched Sustainability Academy training for ADM’s customer-facing teams on sustainability priorities and programs.
- Partnered with Coromandel International Limited to train 25,500 soybean growers in India in responsible and sustainable agriculture solutions through the ProTerra Foundation.
Governance Achievements
- Transparency in reporting regenerative agriculture progress, outcomes, partnerships, and future vision.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Enroll 4 million acres in regenerative agriculture programs globally by 2025.
Short-term Goals:
- Enroll 2 million acres in regenerative agriculture programs in North America by the end of 2023.
Environmental Challenges
- Uncertainties around public policy and regulation, reporting requirements, and impact estimates in regenerative agriculture programs.
Mitigation Strategies
- Confidence in ability to leverage integrated value chain and farmer relationships to rapidly expand global efforts.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Partnerships with various organizations to provide technical assistance and data collection.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Carbon reduction and sequestration through regenerative agriculture practices.
Reporting Standards
Frameworks Used: Field to Market (FtM) metrics, USDA’s COMET Planner model, ISCC
Certifications: ProTerra Standard
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Field to Market 2021 Collaboration of the Year
- Field to Market 2022 Collaboration of the Year
- 2022 SEAL Business Sustainability Award
- 2021 Unilever Partner With Purpose Climate and Nature Impact Award