ADM Reports Significant Progress in 2016 Corporate Sustainability Report
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today issued its 2016 Corporate Sustainability Report, which details significant progress in areas ranging from energy and water efficiency to the traceability of the company’s palm and soy supply chains.
“In 2016, we made significant advancements in our social and environmental goals, reflecting how we run our business and make a productive contribution to society,” said ADM Chairman and CEO Juan Luciano. “We are addressing some of the world’s most urgent needs by improving our energy and water efficiency, implementing initiatives to ensure a sustainable global supply chain, enforcing human rights, and investing in local economies where ADM operates.”
The report, available at www.adm.com/sustainability, details a wide range of achievements:
- ADM has reached its stated goal in palm oil traceability, achieving 98 percent traceability for palm oil and 95.5 percent for palm kernel oil.
- The company has completed a soybean sourcing analysis for Paraguay, Brazil, Argentina, Uruguay and Bolivia; advanced its efforts to map soy sourcing systems and processes in Brazil and Paraguay; and is working to identify and test methodology and monitoring tools to implement a viable system to detect deforestation of native vegetation.
- Since 2010, the company has reduced energy intensity by 25 percent and emissions by 11 percent on a per-unit-of-production basis.
- Since 2008, ADM has reduced water usage by 24 percent on a per-unit-of-production basis.
- As part of its Respect for Human Rights policy implementation, the company instituted site visits and training programs in Paraguay, Brazil, and India.
- In 2016, ADM contributed more than $11 million to charitable causes.
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 approximately 32,000 employees serving customers in more than 160 countries. With a global value chain that includes approximately 500 crop procurement locations, 250 ingredient manufacturing facilities, 38 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