Social Investing: 2011 Highlights
- ADM founded the ADM Institute for the Prevention of Postharvest Loss with a US$10 million grant to the University of Illinois at Urbana-Champaign. The Institute will work with smallholder farmers in the developing world to advance the adoption of practices and technologies that can help preserve tens of millions of metric tons of grains and oilseeds that are lost each year to pests, disease and mishandling.
- The company also established the ADM Agricultural Innovation Center at Purdue University in Indiana with a US$1.5 million grant. The center will provide enhanced classroom and laboratory space, allowing for more advanced research work by the nearly 400 undergraduate and graduate students of Purdue University’s College of Agriculture. And, ADM provided a $250,000 donation to North Dakota State University for the development of a Commodity Trading Room, a teaching platform for commodity trading, risk and logistics.
- ADM funded a two-year microirrigation project in Maharashtra, India, with a US$600,000 grant. The nearly 240 sunflower growers who participated in the first phase of the program between December 2010 and February 2011 saw a near-doubling in their average yields on a year-over-year basis as a result of agronomic training and the installation of drip irrigation equipment on 3,000 acres of land.
- In response to natural disasters, ADM donated $250,000 to the American Red Cross to help those in Japan impacted by the March 2011 earthquake and tsunami, and gave $100,000 to the organization to aid those impacted by tornadoes in the southeastern United States.
- The company provided $1.3 million to support schools and educational initiatives in Macon County and throughout central Illinois, home to the company’s global headquarters.
- ADM continued its support of Living Lands & Waters, a nonprofit organization that promotes the health and vitality of the nation’s inland waterways, with donations totaling $450,000. And, we contributed $100,000 to Agriculture Future of America, a nonprofit organization that offers leadership training, career development assistance and academic scholarships to college students pursuing careers in agriculture-related fields.