ADM Exceeds 2 Million Regenerative Agriculture Acre Goal for 2023, Increases 2025 Goal to 5 Million Acres
2024年4月30日 - 11:30PM
ビジネスワイヤ(英語)
Launch of regenerative agriculture initiatives in Europe,
Latin America accelerate global progress as company works toward
3.5 million acres in 2024
ADM (NYSE: ADM) announced today that its global regenerative
agriculture program expanded to more than 2.8 million acres in
2023, exceeding its 2 million acre goal. In addition, the company
announced that it is targeting 3.5 million regenerative acres in
2024 and is increasing its 2025 goal from 4 million to 5 million
acres globally.
“ADM is scaling up efforts to enhance the sustainability and
reduce the carbon footprint of the value chains in which we
operate, and our leadership in regenerative agriculture is a key
driver of that bold agenda,” said Greg Morris, president of ADM’s
Ag Services and Oilseeds business. “We know that farmers are
stewards of the land, and we offer an array of programs that meet
their varied needs and empower each of them in the ways that work
best for their individual situations. At the same time, we know
that retail and CPG leaders understand the urgency of expanding
regenerative agriculture to meet consumer demand, and we’re
bringing those downstream customers together with farmers to ensure
we’re meeting their needs. This collaborative approach, spanning
the value chain, has demonstrated its value through our more than
2.8 million regenerative agriculture acres in 2023, and we’re
excited to continue to expand our program and lead in this
important global effort.”
ADM partnered with more than 28,000 growers of corn, soybeans,
wheat, peanuts, cotton, sorghum, canola and barley in 2023 as it
expanded its regenerative agriculture efforts globally, including
the launch of new programs in Europe and Latin America.
Participating farms again saw improvements in soil health and
carbon footprint.
Last November, ADM issued its first-ever regenerative
agriculture report, detailing priorities, goals, programs and
achievements to date. The company expects to issue an updated
detailed report later this year.
ADM defines regenerative agriculture as an outcome-based farming
approach that protects and improves soil health, biodiversity,
climate and water resources while supporting farming business
development. Regenerative agriculture is adaptive to local physical
conditions and culture, and is based on five principles of land
management:
- Minimizing soil disturbance
- Maintaining living roots in soil
- Continuously covering bare soil
- Maximizing diversity with an emphasis on crops, soil microbes
and pollinators; and
- Responsibly managing inputs, including nutrients and
pesticides.
ADM offers unparalleled capabilities to create value for the
entire value chain by partnering to implement and scale
regenerative agriculture, working with downstream customers like
PepsiCo, Nestlé and Carlsberg; technology partners like Farmers
Business Network; and conservation organizations like Practical
Farmers of Iowa, Ducks Unlimited and American Farmland Trust. In
addition, ADM participates in industry initiatives and coalitions
such as Field to Market, Cool Farm Alliance and Sustainable
Agriculture Initiative; works with diverse partners like the
National Black Growers Council; and leverages funding opportunities
to bring more value to farmers, such as through the National Fish
and Wildlife Foundation as well as participation in USDA’s
Partnership for Climate Smart Commodities. ADM’s regenerative
agriculture programs feature direct financial support for farmers;
easy processes and cutting-edge technologies to ensure low barriers
to entry; and a broad range of support and guidance from both
internal and third-party experts.
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re an essential global agricultural supply chain manager and
processor, providing food security by connecting local needs with
global capabilities. We’re a premier human and animal nutrition
provider, offering one of the industry’s broadest portfolios of
ingredients and solutions from nature. We’re a trailblazer in
health and well-being, with an industry-leading range of products
for consumers looking for new ways to live healthier lives. We’re a
cutting-edge innovator, guiding the way to a future of new consumer
and industrial solutions. And we're a leader in sustainability,
scaling across entire value chains to help decarbonize the multiple
industries we serve. Around the globe, our innovation and expertise
are meeting critical needs while nourishing quality of life and
supporting a healthier planet. Learn more at www.adm.com.
Source: Corporate Release
Source: ADM
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version on businesswire.com: https://www.businesswire.com/news/home/20240430552758/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
Archer Daniels Midland (NYSE:ADM)
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Archer Daniels Midland (NYSE:ADM)
過去 株価チャート
から 5 2023 まで 5 2024