ADM

ADM unlocks the power of nature to enrich the quality of life.

Virksomhedsstørrelse

Stor virksomhed


Sektor

Mad/drikkevarer


Lokation

Chicago

Nyheder (5)

  • Dagligdagen i virksomheden

    ADM and Enactus Launch Race to Feed the Planet

    ADM Cares, the philanthropic arm of ADM, is partnering with nonprofit organization Enactus on a student competition to encourage entrepreneurship, leadership and sustainable innovation across the food and agriculture value chain. The 2022 Enactus Race to Feed the Planet, sponsored by ADM and LIVEKINDLY, is aimed at tackling food insecurity through plant-based agriculture, products and enterprises. A total of 68 teams of university students from 16 countries have entered 80 projects in the competition. The winning team will receive $25,000 in funding to further scale their project. This week, Enactus announced the top 48 projects selected for their potential to generate sustainable, positive impact. ADM marketing directors from around the world will serve as mentors to project teams that are moving forward in the race, and will provide them with industry insights and expert coaching. The group includes global representation from ADM’s operations with the six volunteer mentors residing in Belgium, China, Mexico, Switzerland and the United States. “Food insecurity is a critical issue in today’s world and is personally very close to my heart,” said mentor Micah Greenhill, ADM Marketing Director, Beverage & Meat Alternatives, North America. “I believe that food is essential, and I’m thrilled to be able to help others make nutrition more accessible to underserved communities. Providing coaching in go-to-market strategy will help these teams achieve sustainable scalable success, meeting the needs of others.” ADM recognizes that next generation leaders are deeply committed to using their power for good. For example, 32% of Gen Z and 28% of Millennial adults in the U.S. say they have personally taken action to help address climate change in the last year, according to Pew Research Center. Similarly, Deloitte found that 23% of Gen Z globally believes that companies and business leaders have the potential to help bring about significant change. “With the support of ADM, the next generation leaders from Enactus can tackle the world’s toughest challenges like food insecurity,” said Betsy Liley, Chief Development Officer for Enactus. “The Race to Feed the Planet will mobilize Enactus teams to tackle food insecurity through plant-based agriculture, products or enterprises and make a measurable impact on the global goals.”   Next month the competition will be narrowed to the top 12 projects, then in June a group of four finalists will be selected. Those teams will travel to San Juan, Puerto Rico for the 2022 Enactus World Cup from October 30-November 2 where judges will choose a winner in The Race to Feed the Planet and other races that are helping to advance the Sustainable Development Goals.  

  • Dagligdagen i virksomheden

    ADM Releases 2021 Corporate Sustainability Report

    5/25/2022 CHICAGO--(BUSINESS WIRE)-- ADM (NYSE: ADM) today released its 2021 Corporate Sustainability Report, providing an update on the company’s overall sustainability journey and tracking progress against environmental, social and governance goals. “When I look back at ADM’s accomplishments over the last year, I see a company that views sustainability as integral to all that we do,” said ADM Chairman and CEO Juan Luciano. “From our strategic planning, to our relationships with farmers, to how we meet customer needs every day, ADM is scaling up our work to live our purpose and power our continued growth and success.” Through the adoption of innovative technology solutions, sustainable agriculture practices and operating processes, ADM demonstrated its leadership and dedication to decarbonization and social responsibility over the past year. 2021 highlights include: 100% traceability of direct and indirect soy suppliers in Argentina, Brazil and Paraguay Achieving the industry’s first net carbon neutral status of its scale for ADM’s U.S. flour milling operations Third consecutive recognition by Ethisphere as one of the World’s Most Ethical Companies Issuance of the company’s first-ever sustainability bond, representing $750 million in capital to support efforts ranging from sustainable agriculture and energy efficiency to food security and socioeconomic empowerment In line with these efforts, ADM continues to pursue its Strive 35 goals, which include reducing absolute greenhouse gas emissions by 25%, energy intensity by 15%, water usage by 10%, and achieving a 90% landfill diversion rate by 2035 against a 2019 baseline. The company has committed to work with the Science-based Targets Initiative with the aim of obtaining approval of its climate targets and alignment with ambitious global goals to limit rising temperatures to 1.5 degrees Celsius. In 2021, ADM additionally committed to a new, aggressive environmental goal to reduce Scope 3 greenhouse gas emissions 25% by 2035 while accelerating its target date to achieve a completely deforestation-free supply chain from 2030 to 2025. “ADM has a foundational culture of execution and innovation. We do what we say we will do, with a focus on constantly improving,” Luciano said. “We’re excited about enhancing our investments to meet customer needs around the globe and expanding our plans to reduce Scope 3 emissions and eliminate deforestation from our supply chain by 2025.” For a more in-depth look at ADM’s plans, as well as progress against goals, view the full Corporate Sustainability Report here. About ADM ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com. Source: Corporate Release Source: ADM ADM Media Relations Jackie Anderson [email protected] 312-634-8484 Source: ADM

  • Dagligdagen i virksomheden

    ADM partners with Eat Just on cell-based meat growth medium and product development

    Dive Brief: Archer Daniels Midland entered a joint development agreement with Eat Just. The ingredients and commodities giant will help the California company’s Good Meat cultivated meat division create optimized cell growth media and improve taste and texture of cultivated meat products. This is ADM’s first partnership in the cultivated meat space. It has invested in the space before, co-leading last year’s $347 million funding round for Future Meat Technologies through its ADM Ventures arm. This partnership includes an investment from ADM, according to Eat Just, but no details were disclosed. Several big food companies are getting involved in the cell-based meat space through investments and partnerships. This is the first Big Food funding or partnership for Eat Just, which is currently the world’s only company approved to sell cultivated meat. Dive Insight: With its extensive portfolio of global commodities, food tech equipment and expertise and formulators, it makes sense for ADM to take part in the cultivated meat space. Working with Eat Just’s Good Meat division on an optimized cell growth medium, as well as helping the company make its finished products look and taste better, is a perfect place for ADM to fit into this industry. ADM is one of the United States’ largest producers of animal feed. A press release about the partnership says that ADM is basically going to be doing that for Eat Just, but with a 21st century twist: “supplying the [cultivated meat] industry with superior livestock feed, supplements, and other ingredients for health and wellbeing.” Improving the flavor, texture and other sensorial attributes of Good Meat products also fits into ADM’s business model. ADM has long worked with alternative proteins, especially plant-based products. The company has had a partnership with Brazil-based meat producer Marfrig to create plant-based meat products since 2020. In this partnership, ADM has played a lead role in formulating the products through ingredients and flavors. ADM also recently announced it was investing $300 million to expand its physical footprint in alternative proteins, both on the factory and production level and in terms of R&D. ADM has led the way in partnering Big Food with high-tech, futuristic startups. Other than its joint venture with Marfrig, it inked a production and commercialization partnership with animal-free dairy maker Perfect Day in 2018. This agreement has helped Perfect Day become the leader in the nascent space, with its proteins appearing in products including ice cream, cream cheese, chocolate and milk. And ADM Ventures also co-led Air Protein’s $32 million funding round last year to help the company that makes meat analogs out of carbon dioxide scale up. Eat Just is one of the leaders in cultivated meat. In November 2020, the company received the world’s first — and still only — government approval to sell cultivated meat for its chicken bites in Singapore. Since then, Eat Just has worked to raise money, improve its product, build out new facilities in Qatar and the U.S., and increase Singapore consumers’ opportunities to try cultivated meat. It is one of several companies working with U.S. regulators toward eventual stateside approval of cultured meat. This partnership could help drive the cell-based meat industry toward products that are less expensive and more widely accepted by consumers worldwide. While cell-based meat is not sold in many places, it has carried a high price tag — largely because of the cell growth medium. While many companies have transitioned away from more expensive growth medium that was derived from animals, what is used now is a precise balance of chemicals and nutrients that is still somewhat pricey. ADM has both the supplies and expertise to create something powerful and less expensive. With the company’s knowhow for product creation, ADM can help Eat Just make a CPG or ready-to-cook foodservice product that is more appetizing to consumers. Though, as videos made by Eat Just show, the cultivated chicken is already getting good consumer responses on its own.

  • Dagligdagen i virksomheden

    ADM and Enactus Launch Race to Feed the Planet

    ADM Cares, the philanthropic arm of ADM, is partnering with nonprofit organization Enactus on a student competition to encourage entrepreneurship, leadership and sustainable innovation across the food and agriculture value chain. The 2022 Enactus Race to Feed the Planet, sponsored by ADM and LIVEKINDLY, is aimed at tackling food insecurity through plant-based agriculture, products and enterprises. A total of 68 teams of university students from 16 countries have entered 80 projects in the competition. The winning team will receive $25,000 in funding to further scale their project. This week, Enactus announced the top 48 projects selected for their potential to generate sustainable, positive impact. ADM marketing directors from around the world will serve as mentors to project teams that are moving forward in the race, and will provide them with industry insights and expert coaching. The group includes global representation from ADM’s operations with the six volunteer mentors residing in Belgium, China, Mexico, Switzerland and the United States. “Food insecurity is a critical issue in today’s world and is personally very close to my heart,” said mentor Micah Greenhill, ADM Marketing Director, Beverage & Meat Alternatives, North America. “I believe that food is essential, and I’m thrilled to be able to help others make nutrition more accessible to underserved communities. Providing coaching in go-to-market strategy will help these teams achieve sustainable scalable success, meeting the needs of others.” ADM recognizes that next generation leaders are deeply committed to using their power for good. For example, 32% of Gen Z and 28% of Millennial adults in the U.S. say they have personally taken action to help address climate change in the last year, according to Pew Research Center. Similarly, Deloitte found that 23% of Gen Z globally believes that companies and business leaders have the potential to help bring about significant change. “With the support of ADM, the next generation leaders from Enactus can tackle the world’s toughest challenges like food insecurity,” said Betsy Liley, Chief Development Officer for Enactus. “The Race to Feed the Planet will mobilize Enactus teams to tackle food insecurity through plant-based agriculture, products or enterprises and make a measurable impact on the global goals.”   Next month the competition will be narrowed to the top 12 projects, then in June a group of four finalists will be selected. Those teams will travel to San Juan, Puerto Rico for the 2022 Enactus World Cup from October 30-November 2 where judges will choose a winner in The Race to Feed the Planet and other races that are helping to advance the Sustainable Development Goals.  

  • Dagligdagen i virksomheden

    How ADM is Working to Decarbonize the World

    Sustainability is shaping every aspect of our future and driving consumer demand across industries. Today’s consumers are fully aware of the importance of decarbonization and stabilizing Earth’s rising temperature for the future health of the planet, and these considerations are shaping their everyday buying decisions. Sustainability is a pillar of ADM’s growth strategy and a foundation of our purpose as a company. We’re scaling up our efforts, and thanks to an irreplaceable global asset footprint, an efficient and integrated supply chain network, and a commitment to offering solutions for our customers, our shareholders and our planet, we’re driving leadership in reducing carbon intensity across the food, agriculture and CPG value chains.  It All Starts on the Farm ADM’s value chain stretches from seed to fork, and we work with growers around the globe to provide them with solutions to enhance their sustainability practices and reduce their carbon emissions. Last year, we unveiled a new goal to reduce our Scope 3 greenhouse gas emissions by 25% by 2035, and part of keeping this pledge includes collaborating with farmers to expand the number of acres involved in regenerative agriculture programs. In May, in partnership with the U.S. Department of Agriculture’s Natural Resources Conservation Service and the National Fish and Wildlife Foundation, we unveiled $20 million in incentives for farmers to plant cover crops – a beneficial agricultural practice that optimizes soil health, sequesters carbon and helps prevent runoff and erosion – across the U.S. Midwest. Expanding the Frontier of Planet-friendly Products ADM has a long history of innovative plant-based industrial and consumer solutions, and with unparalleled global production and R&D capabilities, we are strategically expanding our presence in this fast-growing category. In 2020, we launched BioSolutions, a growth platform that offers an ever-increasing array of plant-based replacements for mostly petroleum-based products in high-growth segments, including pharmaceuticals, personal care, textiles and paper products. In 2021, its first full year, BioSolutions delivered $100 million in new annualized revenue, and realized $55 million in new revenue wins in the first quarter of 2022 alone. ADM is also advancing other opportunities in the space, evidenced by our agreement with LG Chem to explore U.S.-based production of lactic acid to meet the growing demand for bioplastics and a wide array of other plant-based products.   And we are a leader in the fast-growing alternative protein space, supporting the vast and expanding universe of consumers around the globe seeking more environmentally friendly food and drink. Creating Fuels for the Future Demand for renewable diesel – a low-carbon intensity, drop-in replacement for petroleum-based diesel – is rising. As one of the largest vegetable oil producers in the world, ADM is well positioned to meet this critical need. Under a joint venture and offtake agreement with Marathon Petroleum Corp., we recently broke ground at a new soybean crush and refining facility that will produce approximately 600 million pounds of refined soybean oil annually, enough feedstock for around 75 million gallons of renewable diesel per year. Because it’s crucial to find ways to make air travel more eco-friendly, the U.S. and the E.U. have both set goals that would collectively support the annual production of almost 4 billion gallons of Sustainable Aviation Fuel (SAF) by 2030, and more than 45 billion gallons annually by 2050. To meet surging demand, we’re currently working with partners to explore converting up to 900 million gallons of ethanol into approximately 500 million gallons of SAF on a yearly basis. Capturing and Sequestering Carbon Over the course of the last decade, ADM has safely and permanently stored more than 3.5 million metric tons of CO2 a mile and a half underground at our first-of-its kind commercial carbon capture and sequestration (CCS) site in Decatur, Illinois. Now, we’re expanding those efforts across our North America footprint, with agreements with companies like Wolf Midstream and Tallgrass Energy to explore the use of pipelines to connect three more major production facilities to CCS capabilities, significantly reducing their emissions. CCS is a powerful tool that is contributing to sweeping positive changes in how ADM operates overall. With the help of CCS, our U.S. flour milling operations achieved net carbon neutral status in 2021 – a first in the industry. We’re also working with clean energy company NET Power and 8 Rivers to integrate CCS technology at our Decatur facilities and create a groundbreaking zero-emissions power plant. Leading Transformation ADM has a key role in driving urgently needed progress forward and we’re deeply committed to be a trailblazer of transformation. Sustainability is foundational to our strategy, and to fulfilling our purpose. That’s why we recently committed to work with the Science-based Targets Initiative, with the goal of obtaining their approval of ADM’s climate targets and our alignment with ambitious global goals to limit rising temperatures to 1.5 degrees Celsius. And it’s why, in 2022, we issued our first-ever sustainability bond, representing $750 million in capital to support efforts in sustainable agriculture, energy efficiency, food security and more. As ADM continues to leverage its unmatched expertise and irreplicable production capacity and feedstock access to help pave the way to a more sustainable future, we are poised for even more profitable growth. We’re empowering entire industries to usher in a bold new era, and we’ll continue to lead these efforts to meet growing needs and protect people, animals and the planet we all share.   Click here to learn more about ADM, or here to view our December 2021 investor day. To learn more about ADM’s commitment to decarbonization and other environmental topics, read our newly released 2021 Corporate Sustainability Report. Contact our Investor Relations team for additional information.