ADM furthered its commitment to sustainable, ethical and responsible production with the release of a new Policy to Protect Forests, Biodiversity and Communities. ADM’s previous policy was issued in 2015, and the company began the process of reviewing and revising it last year as a step toward building a more resilient and sustainable food system. ADM aims to eliminate deforestation from all of the company’s supply chains by 2030. (Logo quoted from ADM’s official website)
The new policy includes provisions that promote conservation of water resources and biodiversity in agricultural landscapes, promote solutions to reduce climate change and greenhouse gas emissions, and support agriculture as a means to advance sustainable development by reducing poverty and increasing food security. Additionally, the policy confirms ADM’s commitment to protect human rights defenders, whistleblowers, complainants, and community spokespersons; ADM’s aspiration to cooperate with all parties necessary to enable access to fair and just remediation; and the company’s non-compliance protocol for suppliers.
By the end of 2022, the company expects to achieve full traceability of its direct and indirect sourcing throughout its soy supply chains in Brazil, Paraguay and Argentina. In the soy supply chain, ADM’s goal is to end native vegetation conversion in the shortest time possible, reconciling production of soy with environmental, economic and social interests in high risk areas such as the Cerrado and Chaco biomes in South America.
ADM has also achieved a high level of traceability to the mill in the palm supply chain and is working to increase traceability to plantations. To accelerate transformation and effective implementation of our commitments, ADM joined the Palm Oil Collaboration Group (POCG), a multi-stakeholder initiative including companies from every stage of the palm oil supply chain. ADM is actively participating in collaborative action to implement the Integrated Reporting Framework (IRF) and to address social issues across the palm supply chain.
ADM publishes supply chain-specific action plans and biannual progress reports focused on palm oil and South American soy, which contain specific milestones and data on the company’s continued progress toward meeting ADM’s sustainability goals. ADM will continue its study of how the company can increase the scale, pace and rigor of its efforts to eliminate deforestation and native vegetation conversion in its supply chains and issue a report on the subject by the end of the first quarter of 2022.
ADM recognizes the importance of collective action to accelerate sustainable practices in the agriculture value chain. ADM is a founding member and signatory to the Amazon Soy Moratorium and the Para Green Protocol of Grains in Brazil. ADM is also a founding member of the Soft Commodities Forum, a global platform convened by the World Business Council on Sustainable Development, and the ViSeC (Vision Sectorial del Gran Chaco), among others.
(IRuniverse)
