CHICAGO, ILLINOIS, US — Focused on working with partners throughout the global value chain, ADM on July 22 released its second annual report that details the company’s initiatives to support regenerative agriculture through a farmer-centric process.
In its 2024 Regenerative Agriculture Report, ADM defines its principles and approach to regenerative agriculture and updates on the company’s programs in North America, Latin America, Europe and Asia. ADM said it successfully enrolled more than 2.8 million acres in its regenerative agriculture program in 2023 with a 2024 goal of 3.5 million acres and 2025 goal of 5 million acres.
“Consumers are demanding more sustainably sourced products, and farmers know that enhancing soil health and biodiversity, being more efficient with inputs, and improving carbon intensity are good for their businesses and critical for their futures,” said Greg Morris, senior vice president and president of ADM’s Ag Services and Oilseeds business. “It’s the same for ADM: Regenerative agriculture is a great example of how we are partnering with growers to support agriculture, strengthen our global food system and meet growing and evolving commercial demand while living up to our purpose and building a brighter tomorrow.
“This report is an important element of that work: We believe it’s critical to share our progress in this area, show our data, and be specific about our goals so our stakeholders can see what our commitment means and how it translates to real progress. We’re proud to lead in this space as we continue to accelerate toward 5 million regenerative acres in 2025.”
ADM said the report details how its work spans the value chain by connecting thousands of farmers around the globe with technical assistance partners such as Farmers Business Network, Map of Ag, American Farmland Trust, Ceres Rural, and Bayer S.A., and downstream customers such as Ooni Pizza Ovens, The J.M. Smucker Co., and others.
Among the accomplishments and outcomes from 2023 were reducing the company’s Scope 3 footprint by 310,000 tonnes of CO2e and sequestering 263,700 tonnes of CO2 – equivalent to removing more than 135,000 cars from the road for a year.
ADM also renewed its pledge to achieve a goal of 5 million regenerative agriculture acres by 2025, which would have the potential of reducing and sequestering CO2 equivalent to what would be emitted by powering 125,000 homes for a full year.
As stewards of the land, farmers are central to its regenerative agriculture approach, ADM said, and the company offers an array of programs that suit all farmers, meeting their varied needs and empowering each of them in the ways that work best for their individual situations, including via direct financial incentives; 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.
Simultaneously, retail and consumer packaged goods (CPG) leaders are eager to expand regenerative agriculture to meet consumer demand, and ADM is partnering to bring consumer brands together with farmers to meet those needs.
“The success of regenerative agriculture depends on the entire value chain,” Morris said. “No one participant can do everything. We’re proud to bring together farmers, conservation and technical partners, and our downstream customers to create the partnerships that power this work, and we appreciate their dedication to the effort.”
Read ADM’s full 2024 Regenerative Agriculture Report here.