CHICAGO, ILLINOIS, US — ADM made progress on a broad range of sustainability accomplishments in 2023, spanning three core areas in Feeding the World, Protecting Nature and Enriching Lives.
“ADM’s global team of 42,000 colleagues once again delivered on a broad range of sustainability accomplishments in 2023,” said Juan Luciano, board chair and chief executive officer. “What is even more exciting is the opportunity ahead of us. From our expanding leadership role in the decarbonization of the industries in which we operate, to the potential for the bioeconomy to transform how we think about food, feed, fuel and industrial and consumer products, ADM is helping pave the pathway toward a better future for us all.”
Its 2023 Corporate Sustainability Report, highlights the company’s accomplishments, initiatives and goals.
In Feeding the World, the company uses its global asset base, product portfolio and expertise to meet global nutritional needs. The report detailed ADM’s work to increase and improve food access worldwide, including through its Sustainable Affordable Nutrition program, which provides high-quality, lower-cost ingredients to improve global access to nutrition.
The company also partnered with nonprofits, including Concern Worldwide, which helped improve food security and nutrition for more than 15,500 farmers in Tana River County, Kenya.
ADM also improved food quality and safety through its 315 Global Food Safety Initiative (GFSI)-certified sites.
In Protecting Nature, ADM focused on biodiversity, regenerative agriculture, climate, waste and freshwater. Highlights included continuing progress on its greenhouse gas reduction commitments, with reductions in Scope 1+2 and Scope 3 emissions over baseline by 14.7% and 7.7%, respectively.
The company expanded its global regenerative agriculture program, with more than 2.8 million acres in 2023 that sequestered 263,700 tonnes of CO2 and emitted 310,000 fewer tonnes of CO2e.
Its new goal for all of its direct supply chains is to be free of conversion of primary native vegetation in defined high-risk areas by 2025, and indirect supply chains by 2027.
The company supported the EO Wilson Biodiversity Foundation to champion research and education that will inspire next-generation innovation in conservation science.
Within the area of Enriching Lives, ADM continues to focus on fostering a workforce that encompasses diverse background, experiences and perspectives.
In 2023, it supported sustainability, food security and health and well-being through more than $20 million in giving through its social investment program, ADM Cares.
ADM also continued to activate and advance new ways to build, strengthen and support an inclusive culture that cultivates innovation and growth, including the continued expansion of employee resource groups.
ADM was recognized as aFinancial TimesDiversity Leader, named for the fourth straight year in Ethisphere’s World’s Most Ethical Companies list, and inclusion for the 15th year onFortuneMagazine’s World’s Most Admired Companies List.