ADM has issued its second annual report highlighting the company's accelerating global initiatives in regenerative agriculture. The comprehensive report outlines ADM's definition, principles, and approach to regenerative agriculture, and provides detailed updates on its programs in North America, Latin America, Europe, and Asia Pacific.
The report showcases how ADM's efforts span the value chain by connecting thousands of farmers worldwide with technical assistance partners such as Farmers Business Network, Map of Ag, American Farmland Trust, Ceres Rural, and Bayer S.A., as well as downstream customers like Ooni Pizza Ovens and The J.M. Smucker Co.
Key accomplishments and outcomes for 2023
- Reduction of ADM’s Scope 3 carbon footprint by 310,000 metric tons of CO2e.
- Sequestration of 263,700 metric tons of CO2, equivalent to removing over 135,000 cars from the road for a year.
- Reaffirmation of ADM’s goal to cover 5 million acres with regenerative practices by 2025, potentially reducing and sequestering CO2 equivalent to powering 125,000 homes for a full year.
"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, president of ADM’s Ag Services and Oilseeds business. "Regenerative agriculture is a great example of how we are partnering with growers to support agriculture, strengthen our global food system, and meet growing commercial demand while living up to our purpose and building a brighter tomorrow."
ADM's approach to regenerative agriculture involves working with partners throughout the value chain. The company recognizes farmers as stewards of the land and offers a variety of programs to meet their diverse needs, including direct financial incentives, cutting-edge technologies, and support from both internal and third-party experts.
Retail and CPG leaders also understand the urgency of expanding regenerative agriculture to meet consumer demand. ADM is partnering to connect consumer brands with farmers to fulfill these needs.
In 2023, ADM successfully managed over 2.8 million acres of regenerative agriculture, earning recognition as a finalist in the 2023 Reuters Responsible Business Awards and the 2024 Fast Company World Changing Ideas Awards. The company aims to expand its efforts to 3.5 million regenerative acres in 2024 and 5 million acres by 2025.
