ADM recognized for rapidly scaling its global regenerative agriculture program to more producers and brands in 2023
ADM (NYSE: ADM) and its global regenerative agriculture program were named a finalist in the Enterprise category of Fast Company’s 2024 World Changing Ideas Awards. Selected from a pool of more than 1,300 entries, ADM was one of 127 finalists recognized for developing creative solutions to today’s most pressing issues.
As a leader in developing innovative solutions from nature and a pillar of the global food supply system, ADM is scaling up efforts to enhance the sustainability and reduce the carbon footprint of the value chains in which it operates. Its global regenerative agriculture program supports growers in adopting regenerative farming practices that protect and improve soil health, biodiversity, climate and water resources while supporting farming business development. Simultaneously, ADM connects these climate-smart producers with downstream CPG brands – such as PepsiCo, Nestlé, and Carlsberg – to help them create more sustainably sourced products and reduce their Scope 3 emissions.
The program has seen rapid success in the past year. In 2023, ADM delivered more than 2.8 million regenerative acres, exceeding its 2-million-acre goal, partnering with more than 28,000 growers of corn, soybeans, wheat, peanuts, cotton, sorghum, canola and barley as it expanded its regenerative agriculture efforts to new regions, including the launch of programs in Europe and Latin America.
Building on the program’s outstanding success in 2023, in April 2024 ADM announced that it is now targeting 3.5 million regenerative acres in 2024 and is increasing its 2025 goal from 4 million to 5 million acres globally – an area roughly the size of Massachusetts.
“This recognition is a testament to our global teams as well as the incredible producer and brand partners who understand the urgent need for greater adoption of regenerative agriculture practices to build a more resilient food system,” said Greg Morris, president of ADM’s Ag Services and Oilseeds business. “The last 12 months have been monumental in scaling the program. However, we’re truly only getting started. We’re excited to continue expanding regenerative agriculture to more producers and brands throughout the world.”
More information about ADM’s global regenerative agriculture program can be found here.
ADM’s full list of sustainability commitments can be found in its 2023 Corporate Sustainability report.
About the World Changing Ideas Awards
World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and bold concepts that make the world better. Judges choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to work on solving the problems that affect us all.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521388376/en/
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Jackie Anderson
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312-634-8484
