ADM Highlights Energy, Water Reductions in New Corporate Sustainability Report
CHICAGO--(BUSINESS WIRE)--Through a comprehensive plan to drive operational efficiencies and enhance environmental sustainability, Archer Daniels Midland Company (NYSE: ADM) has made continued progress toward the aggressive goals the company set five years ago to reduce its use of energy, water, emissions and waste per unit of production, known as intensity.
In its latest Corporate Sustainability report, now available at www.adm.com/responsibility, the company reports that it has reduced energy intensity 22 percent since 2010, and that water intensity has declined 18 percent since 2008. Both of these figures put the company ahead of its goal of achieving a 15 percent reduction in each area by the years 2020 and 2018, respectively.
Carbon emissions since 2010 have fallen 11 percent per unit of production; this progress puts the company on track to reach its goal of a 15 percent intensity reduction by 2020. ADM has also implemented pilot projects to capitalize on waste reduction and recycling opportunities.
“ADM believes that successfully feeding the world while minimizing our impact on the planet is essential to our goal of setting the competitive standard in the agribusiness and food-ingredient industries,” said Juan Luciano, ADM Chairman and CEO. “Our 32,300 ADM colleagues are dedicated to growing our business in ways that reflect our values of integrity, responsibility and respect. I am proud of our achievements to date, and I am excited about the work our teams are already doing to further our sustainability efforts.”
ADM’s 2015 Corporate Sustainability Report also details ADM’s supply chain advancements and its worldwide charitable donations, among other achievements. Highlights include:
- Achieving 92.7 percent traceability of the company’s palm supply as part of the Commitment to No-Deforestation the company announced in May 2015
- Donating a total of $10.7 million through ADM Cares, the company’s social investment program that strives to make a positive difference in the communities where ADM’s colleagues live and work
- Improving ADM’s safety record with a 19 percent reduction in lost workday incident rate and an 18 percent reduction in the total recordable incident rate compared to 2014. 2015 was the safest year in ADM’s history with 94.1 percent of facilities reporting no lost workdays.
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with more than 32,300 employees serving customers in more than 160 countries. With a global value chain that includes 428 crop procurement locations, 280 ingredient manufacturing facilities, 39 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company